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how could prepare a bank charges entry in the tally
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Answer / saurabh kumar
Bank Charges A/c.....Dr.
To Icici bank A/c
B'coz it expenses paid by you through by ur bank account..
| Is This Answer Correct ? | 82 Yes | 6 No |
Answer / gaurav garg
suppose this entry given that
Bank chagrges 250 /- paid to icici bank.
answer--
because bank charges is a expensive for company who is come
in indirect exp.
so
bank chagrge a/c dr 250.00
to cash a/c 250.00
in narration -- bank charges paid to icici bank.
all expensive always go to Debit and all incomes always go
to credit.
| Is This Answer Correct ? | 92 Yes | 39 No |
Journal Entries in bank charges
example
bank charges a/c dr,
to I.C.I.C.I Bank
| Is This Answer Correct ? | 45 Yes | 5 No |
Answer / kisana
Bank Charges A/c DR 100
To (Axis) Bank A/c 100
(Being bank charged quarterly charges for whole
transactions.)
| Is This Answer Correct ? | 34 Yes | 1 No |
Answer / saurabh kumar
The Journal entry is....
bank charges A/c....Dr. 250
To ICICI Bank A/c...........250
| Is This Answer Correct ? | 30 Yes | 4 No |
By Bank charges A/c Dr.
To Bank
(Being paid for bank charges as per bpv no:xxxx)
| Is This Answer Correct ? | 22 Yes | 1 No |
Answer / shaunak sontakke
If suppose company is charging the debtors the bank charges
then what will be the entry like?
Inv Amt :100
Bank Charges : 20
Total Receipts : 120 from client....how will this entry go.
| Is This Answer Correct ? | 25 Yes | 8 No |
Answer / sasidharan m t
Debit Customer A/c :120
Cr Sales 100
Bank Charges 20
| Is This Answer Correct ? | 16 Yes | 0 No |
Bank charges entry means expense that is....?
Bank Charges Accounts Dr.250/-
To Bank 250/-
(being paid for bank charges as per bank................)
| Is This Answer Correct ? | 14 Yes | 3 No |
Answer / sasidharan m t, sr accountant
Debit Sales A/c : 120
Credit Customer A/c 100
Credit Bank Charges 20
| Is This Answer Correct ? | 17 Yes | 11 No |
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
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