Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


the bank revised the late payment penalty charges to $750
and to the borrowers A/C, pass the journal entry for the same



the bank revised the late payment penalty charges to $750 and to the borrowers A/C, pass the journa..

Answer / tapan kumar roy

First Bank Charges the amt now it is revised so,

when charges: Bank Charges A/C DR
To Bank
When Revised: Bank A/C DR
To Bank Charges

Is This Answer Correct ?    5 Yes 6 No

Post New Answer

More Accounting AllOther Interview Questions

Name the Errors Which the Trial balance cannot detect

3 Answers  


Short Answer on __________Partnership

2 Answers  


WHAT IS THE CASH CREDIT AND LETTER OF CREDIT?

4 Answers  


hi.this krishan .i m slect in axis bank for executive. when i sposse to join

0 Answers   Axis Bank,


What is the expanded accounting equation

2 Answers  


A check deposited in a saving account is shown as credited in clear balance in the passbook while the other check deposited next day is shown as pending clearance. Can a bank later on debit the amount of the 1st check unilaterally,once it is cleared by bank.

2 Answers   Banking,


How do we treat grants that are received in advance of the period when they are to be spent?

3 Answers  


different between acconting and elective mathematics

0 Answers  


Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? john kadapa

0 Answers  


Rs 45000 received from the source of bad debts which were already declared.pass entry

4 Answers  


Hi., I have cleared my test on monday, i have operation round on thursday.. So, Can anyone send me all the related interview Questions??..Please help me out.. Email ID: raghuraj_18@yahoo.com Phone :9739867486

15 Answers   Amazon, AVL, BACS, Cognizant, Epicenter, Genpact, HGS, Infosys, Knoah, Mphasis, Prosper Overseas, Wipro, WNS,


Choose the right answer Which of the following is the Asset account 1.Accounts receivable 2.accounts Payable 3.Customer Deposit

3 Answers  


Categories