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What is the Entry of A Demand Draft is prepared for rs.4500
from UTI bank after bank charges?
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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 |
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 |
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 |
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 |
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 |
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 | 7 No |
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