Answer Posted / shivraj telang

Personal accounts : Dr the Receiver
Cr the Giver

Nominal Accounts : Dr all expenses and losses
Cr all incomes and gains

Real Accounting : Dr what comes

Cr what goes out

Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950

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