how to enter ATM withdrawal
transaction in tally
Answers were Sorted based on User's Feedback
Answer / arun
contra entry in tally
Cash A/c Dr.
To Bank
(Being Cash withdrawn by ATM)
| Is This Answer Correct ? | 187 Yes | 17 No |
Answer / nadeem khan
simple ans, what we are gatiing "cash" so cash should be debited and cash coming from ATM,ATM nothing but bank ,BANK should be credited.
it is a contra entry in tally,
cash a/c .....dr
to bank a/c
naration :withdraw cash from bank
| Is This Answer Correct ? | 77 Yes | 12 No |
Answer / amarendra kumar swain
contra entry in tally
Cash A/c Dr.
To Bank
(Being Cash withdrawn by ATM)
| Is This Answer Correct ? | 64 Yes | 7 No |
Answer / kiran dinesh joshi
If we are withdrawal some amount from atm like 20,000
Credit bank a/c
And cash a/c dr
| Is This Answer Correct ? | 16 Yes | 4 No |
Answer / priya sharma
previous answer was right by mistaken i clicked no...
| Is This Answer Correct ? | 13 Yes | 17 No |
Answer / lakshmi
cash a/c Dr
To suspense account
(cash drawn by ATM)
| Is This Answer Correct ? | 10 Yes | 38 No |
Name three (3) fixed-income security data points, which are different from those provided for equity securities
Trial balance as on 31st March, 2014 Particulars Debit Pula Particulars Credit Pula Wages 14 100 Dividends received 4 300 Salaries 13 000 Bank overdraft 41 000 Opening Stock 40 000 Returns 1 000 Machinery 49 000 Creditors 14 200 Investments 30 700 Sales 258 500 Drawings 23 000 Capital 30 000 Purchases 130 000 Returns 2 000 Debtors 18 000 Advertising 13 400 Interest 4 800 Cash 11 000 349 000 ======= 349 000 ======== Additional information: 1. Closing stock is valued at P53 000. 2. Wages include P350 being advance against wages. 3. Wages include P1 000 paid for erection of machinery. 4. A purchase of stationery for P430 has been inadvertently included in the Purchases account. 5. A sale of investments with a book value of P2 600 for P2 500 has been included in the Sales Account. 6. Salaries include P150 per month paid to the proprietor’s domestic servant. 7. Machinery is to be depreciated by 10 per cent. Required: a. The revenue statement (Trading and Profit and Loss Account) for the year ended 31st March 2014 and b. Statement of financial position (Balance Sheet) as on 31st March, 2014.
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1 Answers National Institute of Food Technology Entrepreneurship and Management NIFTEM,
in the tds entery party ledger which group under craete