how could prepare a bank charges entry in the tally
Question Submitted By :: Accounting-AllOther
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suppose this entry given that
Bank chagrges 250 /- paid to icici bank.
because bank charges is a expensive for company who is come
in indirect exp.
bank chagrge a/c dr 250.00
to cash a/c 250.00
in narration -- bank charges paid to icici bank.
all expensive always go to Debit and all incomes always go
to credit. Gaurav Garg
Bank Charges A/c.....Dr.
To Icici bank A/c
B'coz it expenses paid by you through by ur bank account.. Saurabh Kumar
Bank Charges A/c DR 100
To (Axis) Bank A/c 100
(Being bank charged quarterly charges for whole
Journal Entries in bank charges
bank charges a/c dr,
to I.C.I.C.I Bank Faisal Pari
If suppose company is charging the debtors the bank charges
then what will be the entry like?
Inv Amt :100
Bank Charges : 20
Total Receipts : 120 from client....how will this entry go. Shaunak Sontakke
The Journal entry is....
bank charges A/c....Dr. 250
To ICICI Bank A/c...........250 Saurabh Kumar
Debit Customer A/c :120
Cr Sales 100
Bank Charges 20 Sasidharan M T
By Bank charges A/c Dr.
(Being paid for bank charges as per bpv no:xxxx) Faisal Pari
Bank charges entry means expense that is....?
Bank Charges Accounts Dr.250/-
To Bank 250/-
(being paid for bank charges as per bank................) Faisal Pari
Debit Sales A/c : 120
Credit Customer A/c 100
Credit Bank Charges 20 Sasidharan M T, Sr Accountant