for an inter branch bank transfer (sbi to sbi)what entries
should we pass?
Answer Posted / imran
ONLY CONTRA ENTRY
SB A/C DR.
SB A/C CR.
INTERNAL TRANSFER.
Is This Answer Correct ? | 9 Yes | 1 No |
Post New Answer View All Answers
Financial Accounting
what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......
Received Invoice from Tvs Co. against purchase of 15 pcs of Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?
Recent banking question for 2015 interview for scale2 exam of sbm
Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c
What is meant by partitioning?
what is difference among credit, loan, advance
How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)
how to calculate vat,pf,esi,service tax in corporate firm
journal entry for goodwill and capital bought by a new partner?
what type account are below Debentures Bank overdraft
I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary
IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?
if at the end of the year cash book is showing debit balance whether it is meant that cash is not deposited after deducting expenses in bank and it is in hand and we should deposit in next year
How do we calculate the cost of investment?