Interested to Buy Any Domain ? << Click Here >> for more details...
give narration of
cash----a/c---Dr
To cash
- 1 Answers
- 5927 Views
- Hindalco, I also Faced
- E-Mail Answers
Answer / chalapathi rao govada
As per the accounting principles one is not suppose to use
the same account name in that account.
As per as my knowledge is concern there is only one
possiblity to come accross this situation ie contra entries
in the bank and cash columns cash book.
1.when cash is deposited into Bank.
2.when cash is withdrawn from the bank.
3.Deposit of checks which are recorded as a cash receipt in
the eralier days.
WE are giving both the DR and CR to the cash book
(Specifically DR/CR to cash and DR/CR to Bank).
I think this is the possible situation. Pls let me also
know if you find any different answer to this question.
For your information i am a CA, ICWA qualified with two all
india Ranks.To be frank i didnt come accorss any possible
answer, i belive in one thing if some thing which is not
know you can learn from a bcom guy also if he has a valid
point.
thx
RAO 9703200360
| Is This Answer Correct ? | 7 Yes | 2 No |
i have need full detail of tds rules and forms submitted dovetails
what r the basis rule of accounting like what we do if it comes in and goes out it was like debit what comes in and credit what goes out..so what to know this basic law
how the bank reconciliation should be done in practical environment , and also using tally 7.2 , please explain it with exaples if possible
what is debentures, types of debentures
16 Answers Capital IQ, Genpact,
What are the Goddwill calculation Methods?
What Do You Understand By The Word Accounting
7 Answers ADP, College School Exams Tests,
EXPAND___________KFCC
what are athe accounting principles?
WHAT IS THE MEANING OF CREDIT WORTHINESS?
7 Answers Capital IQ, Finance,
im preparing for the sbi clerical post please send me the solved questions.
sir, for exa.one salary for month rs.28000/- goss but he has no pf and esi and pt deduct but he will pay only rent rs.8200/- per month and insurance 16500/- so now i deduct from his salary tds
Choose the right answer when cheque given to a creditor dishonour,we have to credit 1.Creditor 2.Bank 3.loss
Audit 
