Interested to Buy Any Domain ? << Click Here >> for more details...
for an inter branch bank transfer (sbi to sbi)what entries
should we pass?
- 3 Answers
- 16013 Views
- I also Faced
- E-Mail Answers
Answer Posted / imran
ONLY CONTRA ENTRY
SB A/C DR.
SB A/C CR.
INTERNAL TRANSFER.
| Is This Answer Correct ? | 9 Yes | 1 No |
Post New Answer View All Answers
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
Revenue Expenditure
Dear Sir I had already export to dubai. now I am to know that can I enter this sale entry in RG1. pls guide me.
what are the voucher entries for depreciation in tally and when?
List out some of the accrued expenses and the accounts in which you would record them?
What is mean by working capital?
What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?
what are the steps for the payment cycle of the firm or company?
what are the limitations of accounting ratios?
Wha is difference between expenses and expenditure
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.
How is the accounting for hire purchase transactions done?
What do you think is a bank reconciliation statement?
What is deferred account?
in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?
