What is the Entry of A Demand Draft is prepared for rs.4500
from UTI bank after bank charges?

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What is the Entry of A Demand Draft is prepared for rs.4500 from UTI bank after bank charges?..

Answer / dharmesh sati

You have not specify the Bank charge including in the 4500
or exculding so i assume that Bank Charges is exclding of
4500 & also you have not mention the Party Name so I assume
that Demand Draft is on account of XYZ

So Entry will be

XYZ Debit Rs. 4500
Bank Charges Debit Rs. 45
UTI BANK Rs. 4545

Is This Answer Correct ?    79 Yes 15 No

What is the Entry of A Demand Draft is prepared for rs.4500 from UTI bank after bank charges?..

Answer / hemant

name of party Dr 4500
bank cahrge 500 ( As per bank )
To Bank Accounts 5000

( Here we have assumed that the bank charge is not included
in the amount of Demand Draft )

Is This Answer Correct ?    44 Yes 12 No

What is the Entry of A Demand Draft is prepared for rs.4500 from UTI bank after bank charges?..

Answer / shivendra dutt

demand draft a/c Dr 4500
bank chsarge Dr. 500
To uti bank 5000

Is This Answer Correct ?    40 Yes 23 No

What is the Entry of A Demand Draft is prepared for rs.4500 from UTI bank after bank charges?..

Answer / rahul pandey

NAME OF PARTY DR 4500
BANK COMMISSION DR 500(AS PER BANK)
TO BANK A/C 5000(BANK LIKE INIAN BANK OR HDFC BANK)

Is This Answer Correct ?    14 Yes 4 No

What is the Entry of A Demand Draft is prepared for rs.4500 from UTI bank after bank charges?..

Answer / peeru

PART DR CR

BY ABC CO.,A/C---DR 10001
BY COMMISSION A/C---DR 34
TO SBI A/C---CR 10035

Is This Answer Correct ?    4 Yes 3 No

What is the Entry of A Demand Draft is prepared for rs.4500 from UTI bank after bank charges?..

Answer / sunil kumar

bahi party name dr. krte h to bank cr.krte h thik h
mager bank se aye to entery kya kre

Is This Answer Correct ?    2 Yes 6 No

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