Answer / mehtab ahmad

1.bank charges a/c dr.
to bank a/c

2.p&l a/c dr.
to bank charges
or
p&l a/c dr.
to bank a/c

Answer / syed

Bank Charges a/c Dr
Bank a/c cr

Answer / videsh kharvi

Bank Charges A/c Dr
To Bank A/c

Answer / naresh

Bank Charges A/c Dr
To Bank A/c

Answer / kushagra

bank will charge service charges on various
services made to the account holder.
For that this entry is made

Bank charges a/c Dr
To Bank a/c

Answer / nagaraja.t

Bank charges a/c Dr
To bank A/c Cr

Answer / tisha more

With Gst the entry will be

Bank Charges A/c Dr.
Input CGST A/c Dr.
Input SGST A/c Dr.
To Bank A/c

Answer / shyam.k.r

Bank charges a/c Dr

To Bank a/c

Answer / firoj siddiqui

Bank charges A/C............dr
To bank.......................... A/C

Answer / vikas

bank charges a/c Dr
to bank a/c Cr.

what is repo and revers repo ?why they need to use in stock market ?

1 Answers   ICICI,

what is npa & what are the different types of NPA?

3 Answers   State Bank Of India SBI,

what is the core accounts

0 Answers   SMS Pharmaceuticals,

Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.

0 Answers   Genpact,

what is Functional Specification in SAP FICO?

0 Answers  

what is live stock?

4 Answers  

DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?

0 Answers  

You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000

0 Answers  

WHAT IS THE PROCEDURE TO CLAIM SALES TAX FORMS(C'FORM)FROM CLOSED COMPANY

1 Answers   BPL,

how to see monthly entries in tally7.2

4 Answers  

why closing balance do not come in trial balance?if it is in which case it comes?

5 Answers   HDFC,

EXPAND_________SFI

1 Answers