Answer / preeja

bank account dr

To cash

Answer / genius

Come will open that means only a statement
journal entry record only those transaction which are financial in nature. Statement or order cann't find place in the book of journal.

If only asked "to open bank Account" then the entry will be
Bank A/c .......Dr.
To Cash A/c

Answer / ramesh

Bank A/c Dr.

To Cash A/c

Answer / pravesh vijaywargiya

Bank a/c debit
To cash a/c

Answer / pranesh debnath

Gain arising from transfer of Capital Assets is known as Capital Gain

Answer / balaji

Bank a/c Dr
To cash a/c

Answer / gandhimathi

yes

Difference Between Economics and Finance

1 Answers   Deloitte,

Paid Transportation Which type of expenses these expenses

2 Answers  

how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.

0 Answers   Student,

what is IPO

5 Answers  

where outstanding debts being Rs 48000 and 20% considered to write off . pass jounal entry.

2 Answers   Kalyani Forge, MCom,

What is fair value accounting definition?

0 Answers  

I paid internet charges for my firm.how to pass journal entries?

6 Answers  

IS IT NECESSARY TO TRANSFER DATA FROM WTALLY9 TO EXCEL AND VISE VERSA?

3 Answers   Infosys,

why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason

0 Answers  

iam working at hotel industry it is a small industry so, i did'nt kept postage and telegram ledger because we are not doing so recently we send courier that courier charges which ledger i have to take?

4 Answers  

i have purchase goods for Rs.100 and company say you sell this goods for Rs. 80 and raised a debit note for diffrence amount and he fix 5 % commision on sales value what is journal entry passed in tell with narration?

9 Answers  

Please help me with the accounts head for the below ledgers for e.g. for Salary A\c - Indirect Expenses is the account head in tally. what is the account head for below ledgers. Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary Payable A/c Dr. xxx To Cash / Bank A/c xxx

0 Answers