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in the consolidtaed statments what would be the accounting entries for goods in transit & cash in transit ???

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Apr 23 '19 at 15:46:40
Muhammadbilal
Muhammadbilal
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The accounting entries for cash in transit

Cash : Dr
Bank : Cr

And for goods in transit

Inventory : Dr
Payable : Cr
Apr 19 '19 at 11:2:55
Abdul
Abdul
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