for an inter branch bank transfer (sbi to sbi)what entries
should we pass?

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


Please Help Members By Posting Answers For Below Questions

Mention the types of accounts involved in double entry book-keeping?

613


Explain me some of the examples for liability accounts?

620


What is cash flow and fund flow?

630


purchase plant and machinery

1105


In accounting, vat abbreviates what?

715






What Is Differ tax,

1635


purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c

4096


Knowing what you know now, walk me through what you would do differently to drive even more success?

612


What do you mean by balancing of ledger account?

560


Tell me do you have any idea about service tax or excise?

615


in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.

1623


List out things that fall under intangible asset?

625


What is Capital Commitments means?

1808


if any otion in tallyerp9 version about doing Luxury tax work

1671


If a prospective client kept presenting you with excuses not to buy, what would you do?

741