Interested to Buy Any Domain ? << Click Here >> for more details...
If A are issueing a Cheque to B when B will present the
Chq. in Bank than what entry will be prepare by the Bank in
Their Books ?
- 3 Answers
- 6025 Views
- I also Faced
- E-Mail Answers
Answer Posted / r k
in the account of mr. A
B a/c Dr.
To bank A/c
another entry in the accounts of B
bank a/c dr.
to A a/c
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what is the treatment for employee contribution and employer contribution in in pf in accounts under which head??
What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?
Tell me do you think accounting standards are mandatory and why?
What are the 5 basic accounting principles?
GOODS LOST BY FIRE 100 RS, INSURANCE MONY RECEIVED 120,40 PENDING FOR FINAL SETTLEMENT- Journal Entry
formula of reduction in tax credit of vat form 201(gujarat)
can i material bill book in miro without vat on transport charges ?
are tpt, freight & packing charges part of sales & purchase ??
Please give me as example of service tax & Vat Posting through Tally.
my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???
Do you know what is icai?
Explain what are the accounting events that are frequently involved in compound entries?
What is double-entry accounting? Explain with an example?
I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
From the following particulars taken on 31 December, 1995, you are required to prepare a bank reconciliation statement to reconcile the bank balance shown in the Cash Book with that shown in the Pass Book: (i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027. (ii) Four cheques drawn on 31 December but not cleared till January are as follows: Rs 12; Rs 1,021; Rs 98; and Rs 113. (iii) Interest on O/D not entered in Cash Book Rs 51. (iv) Three cheques received on 30 December and entered in the bank column of the Cash Book but not lodged in bank for collection till 3 January next: Rs 1,160; Rs 2,100; and Rs 2,080. (v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered twice erroneously in Cash Book in November. (vi) A Bill Receivable for Rs 250 due on 29 December, 1995 was passed to the bank for collection on 28 December, 1990 and was entered in Cash Book forthwith whereas the proceeds were credited in the Pass Book only in January following. (vii) Chamber of Commerce subscription Rs 10 paid by bank on 1 December, 1990 had not been entered in the Cash Book. (viii) Bank charges of Rs 5 had been debited in the pass book twice erroneously. . . . plz be fast
