Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

I have recieved a payment from hmrc on Friday morning and by the
afternoon it was removed from my bank account by contra entry what does
this mean? Will I recieve the money?

Answer Posted / bhavya

Yes it is receipt...In each transaction should pass as soon
as it happens so 1st you should debit party's account (Hmrc)
by taking receipt entry and later contra by debiting your
bank account.

Is This Answer Correct ?    10 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why Is The Distinction Between Product Costs And Period Costs Important?

1013


How to create a liability for Service Tax in SAP

2800


When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

2011


Explain what a deferred asset is and give an example?

1046


1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).

2000


WHAT ARE THE DIFFICULT ELEMENT OFF JOB

2104


What is cash flow and fund flow?

1053


what is the due date of 28th feb

2388


audit under section and penalty under saction scurtiny under saction

2101


what is the Differed Tax Liability & How it is calculate ?

2357


what is the procedure to appoint an Austrlian citzen as indian company director...

1740


I am working in govt. sec. How to make journal entry in books for Fix Deposit

1826


Tell me as a higher position in the accounting department, you will be responsible for overseeing other employees' accounts. What experience do you have in leadership and management that will prepare you for this responsibility?

930


If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?

2404


Discuss the consistency concept in accounting

1041