for an inter branch bank transfer (sbi to sbi)what entries
should we pass?
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Answer / rajib saha
RECEIVING BANK A/C DEBIT
GIVING BANK A/C CREDIT
| Is This Answer Correct ? | 12 Yes | 2 No |
Answer / t.nagaraju
Journal Entry (Or)
Contra Entry
In reciver Bank Accounts:
Cash/chq Dr
Giver branch cr
In Tranfer Branch Bank Accounts:
Receiver Bank A/c Dr
Cash/Chq A/c Cr
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / imran
ONLY CONTRA ENTRY
SB A/C DR.
SB A/C CR.
INTERNAL TRANSFER.
| Is This Answer Correct ? | 9 Yes | 1 No |
Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why
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Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-
0 Answers InTarvo Technologies,
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