Kanika`s Accounting Dilemmas

Case Code: FINC195
Case Length: 3 Pages
Period: -
Pub Date: 2022
Teaching Note: Available

Price: Rs.250
Organization: Maniratna Private Limited
Industry: Gems and Jewellery Industry
Countries: India
Themes: Accounting and Control, Accounting Concepts

Abstract Case Intro 1 Case Intro 2 Excerpts

Excerpts

Kanika’s Dilemmas

On April 25, 2022, Kanika looked back at Maniratna which had completed eleven months of its operations. Kanika saw a huge cash balance of Rs. 5 million in her bank account, which was also used to make month-end payments. She also had approximately Rs. 0.80 million cash in hand to fulfill day to day expenses. She used this cash her to meet her day-to-day personal and office expenses. The cash was maintained in the office..

Megha’s Meeting with Founders

The meeting started on time. Rashmi was, however, unable to attend as she had some other work..

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