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I gave cash advance of Rs. 70000 to one our enginner at
site. He submitted only bills of 69000. Please tell me, how
I can write these transaction in the Day book.
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Answer / m.nagaraj
Party name Dr 70000
To Cash 70000
Expense Dr 69000
To Party Name 69000
| Is This Answer Correct ? | 11 Yes | 2 No |
Answer / syed saberali
party name a/c dr 70000
to cash a/c 69000
to D/R a/c 1000
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / devendra manral
party name a/c Dr. 69000
enginner a/c dr. 1000
To cash a/c ............70000
| Is This Answer Correct ? | 2 Yes | 0 No |
1- payment entry
party name dr-70000/-
To Cash 70000/-
(being cash paid to party as advance)
2- Journal entry when bill Received
Expenses a/c dr 69000
To Party A/c 69000
(Being bill Received from party)
1000/- Is balance in party a/c till date when bill not
reveiced
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / niranjan
By party's name a/c Dr.69000
By bills receivable a/c Dr.1000
To Cash a/c 70000
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sonu jha
Engineer imprest A/c Dr 70000
To Cash A/c Cr 70000
(Being Cash paid to Engineer Rs 70000)
Exps A/c Dr 69000
To Engineer Imperest A/c Cr 69000
(Being exps submitted by engineer)
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pawan verma
Party Dr. 70000
To Cash Cr. 70000
..
.
Cash Dr.69000
Dis allowance Dr.1000
To Party Cr. 70000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sajeermoidu
here the entries are:
cash adv a/c dr.......70000
to cash cr 70000
cash a/c........dr 1000
to cash adv cr..........1000
expense a/c.....dr 69000
to cash adv cr.........69000
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / k. balaji
Due Entry
Cash Advance Dr 70000
To Party name 70000
Expense Dr 69000
Party name 1000
To Cash advance 70000
| Is This Answer Correct ? | 8 Yes | 10 No |
Answer / vasudevkaranth
Party name Dr 70,000
To cash a/c 69000
To Bills Receivable a/c 1000
(Being 70,000 paid & 1000 to be collected)
| Is This Answer Correct ? | 0 Yes | 3 No |
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