My question is.. I Received the amount from party through
the bank.
example.
1. Actual received from party $1000 @ 32.70 = 32,700
baht(service charge included )
2. Bank Charge 500 baht
3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht
4. and bank charge 500 debit on party account also.
....
For the First three transacion on account
bank account dr 32200
bank charge dr 500
party cr 32,500
ex. fluxation cr 200
how can treate the 4th transaction.
thanks in advance
No Answer is Posted For this Question
Be the First to Post Answer
What is Journal Entry of Depreciation ?
ESI payable in the year 2010 was Rs.11000 but not accounted for by mistake in that year.It was paid in the year 2013-14. Then what will be the journal entry?
What is the basic accounting equation?
what is the minimum & maximum amount paid by company per day
Define social responsibility accounting
what is form H
Different ways to Query the Invoices
can an accountant handle all the accounting transaction without any type of help from any person?
What is the difference between perpetual & periodic inventory system?
Explain what qualities and skills make an account manager successful?
If We Are Purchase Any Service For Ex. Agency Charges From Creditors & Give Or Sale The Same To Debtors; Then How I Open Agency Charges Ledger? What Is The Grouping Of It? Is It Purchase A/c. Or Sales A/c.? And If Its Purchase A/c. Then How I Enter It In Debtors A/c. Or Should I Make Two Different Ledgers With Two Groupings Purchase One And Sales One?
Tell me in accounting, vat abbreviates what?