How the cash account represents the increase cash in debit side

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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

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Why TDS not Deducted on Service tax amount of Rent.

0 Answers   Genpact, J Kumar,

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hello friends i like to know journal entry for one loan transaction ie if you purchase a car for EMI with initial payment how to make first entry & monthly entry any thing is there? pls reply to me.

2 Answers  

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how to prepare balance sheet

8 Answers   Genpact,

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what is Profit & Loss Account?

4 Answers   EDS,

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what aboutthe Comprised account for preparation of Book Accounts

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difference between account payable and bills payable

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iam working in small industry there some bills are not having even the shop name and contact.no. whether i should consider that expenses or not if yes, whether that bill attach with the voucher?

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please explain all accounting concepts n conventions in detail

0 Answers   DA Vision,

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What do you mean by depreciation?

14 Answers  

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i have puchase a vehicle on 1st of jan 2006 for Rs 40000 and charegd depriciation @25% P.A and sold vehicle on 31st of dec,2009 RS 10000 what are the general entries related to this question.

3 Answers  

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