L:says all of my other 4 friends have money
M:says that P said that exact one has money
N:says that L said that precisely two have money
O:says that M said that 3 of others have money.
P:Land N said that they have money.
All are liers.
Who has money & who doesn't have?

plzz tell me the answer...........

As per my understanding of the problem L has money and N does not have money. Kindly let me know the answer.