for an inter branch bank transfer (sbi to sbi)what entries
should we pass?
Answers were Sorted based on User's Feedback
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 |
what are the different types of expenditures considered for the purpose of accounting?
HI EVERYONE I WANT TO KNOW, CAN WE ISSUE DEBIT NOTE OR CREDIT NOTE AGAINST STOCK TRANSFER , IF WE ISSUE OR NOT ISSUED THENY WHY PLZ EXPLAIN
what is single entry system
In accounting, vat abbreviates what?
What is the use of form D in sale tax
What is balance sheet and off balance sheet?
what is journal entry for cash received
Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33
I want to see company ROC no can you please tell me where it should be mentioned.
What will be entry for that: Busines strarted with brrowed cash Rs. 25000 from Mr. X. if capital will be creadit. Why?
how to enter the tender refund amount in tally ?
My company has just bought a car. The breakdown is as below: cost of the car = 50000 Interest = 15000 Registration fee = 500 Road tax (first year) = 1800 Please show me the correct entries in the books Thank you