give narration of
cash----a/c---Dr
To cash
- 1 Answers
- 6178 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2.when cash is withdrawn from the bank.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 |
WHAT IS C FORM AND H FORM WHAT IS THE DIFFERENCE BETWEEN THESE TWO AND HOW TO SUBMIT?
What are the stages involved while preparing business blue print with examples?
EXPAND_________SDJMC
Where will you show the EXCHANGE RATE RESERVES in final accounts....???
euro currency market
depreciation is loss or expense
How to decide the number of voucher files to be maintained ? What are the possible voucher files?
how to attract the HR person and give me tips
23 Answers Bajaj Capital, BPO, Brigade, EDS, HCL, Infosys, Sitel, Wipro,
what is brs
A worker has time rate of Rs. 15/hr. He makes 720 units of a component (standard time 5 minutes/unit in a week of 48 hours). His total wages including Rowan bonus for the week is _____. A. Rs. 792; B. Rs. 820; C. Rs. 840; D. Rs. 864.
Let me know why we debit expenses and credit revenues
What would be the entry at the time of Generating Tution Fee Challan for Advance fees. (e.g In the Month of April, Fees of June and July in being asked to pay by school to their students?
Audit 
