we have worng credit in Rs.10000 in bank a/c on 31/03/201 so
Please give your idea in matter . what entry made in book of
accounts.
Answers were Sorted based on User's Feedback
Answer / inder monga
i think, u can create a new account under current
liabilities bank payable A/c.for example ur bank is hdfc.
the entry can be:
HDFC A/c Dr. 10,000
HDFC bank payable A/c 10,000
when error is sort out by bank in nexy f.year u can reverse
this entry.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / bsomkareshwar
if it is wrongly credited it means your bank balance has increased without any transaction taking place.
This increase can be nullfied by merely debitng bank account.
| Is This Answer Correct ? | 0 Yes | 0 No |
What is general entry credit purchase with discount?
Tell me in accounting, how do you define premises?
hai , please explain wherther output tax a/c comes under duties & taxes or indirect expenses?
the selling price of a prouduct of vintex limited inclusive of basic excise duty 16% and education cess 2% and SAH cess 1% is rs 3002. find the assessable unit of prouduct?
what are GAAP items and examples of such?
Under which category in the balace sheet will closing stock appear
Hi, I am working at Himachal Pradesh, there we pay entry tax for purchase other state. but now govt decide this tax will be deposited with Sale Tax return, now my question is that where column i show this tax or which challn i deposit this tax
WHY U HAVE CHOOSE ICWA WHY NOT CA
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
What will be journal entry of provision for income tax in current year and Adjustment entry in next year
ABC LTD PURCHASE GOODS FROM XYZ LTD OF Rs.400000/- BUT DURING THE TRANSPORTATION ALL GOODS ARE DESTROYED.ACCORDING TO AGREEMENT INSURENSE CO. PAID 75% OF DESTROYED GOODS TO SELLER. WHAT WILL BE JOURNAL IN BOTH PERSON ACCOUNT.
how to pass journal entry for credit card a/c in tally erp 9 How to generate in tally erp9 for credit card account new