Answer / preeja

bank account dr

To cash

Answer / genius

Come will open that means only a statement
journal entry record only those transaction which are financial in nature. Statement or order cann't find place in the book of journal.

If only asked "to open bank Account" then the entry will be
Bank A/c .......Dr.
To Cash A/c

Answer / ramesh

Bank A/c Dr.

To Cash A/c

Answer / pravesh vijaywargiya

Bank a/c debit
To cash a/c

Answer / pranesh debnath

Gain arising from transfer of Capital Assets is known as Capital Gain

Answer / balaji

Bank a/c Dr
To cash a/c

Answer / gandhimathi

yes

What is accounting transaction?

0 Answers  

DIFFERENCES BETWEEN MANAGEMENT ACCONTING AND FINACIAL ACCOUNTIG

1 Answers   EXL, Wipro,

How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.

1 Answers  

Explain the impact of working capital in general business activities?

1 Answers   Accenture, Capital IQ,

Hi wht r da questions which are mostly asked in an Accounts related job for freshers?

0 Answers  

WHILE WORKING DEPERICATION OF AN MACHINERY ASSET WHAT IS THE PERCENTAGE TO BE TAKEN & FOR HOW MANY YEARS IT HAS TO BE TAKEN.

1 Answers  

what are the accounting standards prevailed now in India. Give a short description about each of them

2 Answers   ICAI,

Outstanding rent

11 Answers   Genpact,

What are the following types of accounts falls under in Accountancy? Can you please classify the following whether they are nominal ,real or personal account ? 1)sales tax account 2)Debtors account/Creditors account 3)Bank Overdraft account 4)Bills Payable Account/Bills receivable Account 5)Stationery Account 6)Purchase account 7)Loan Account

2 Answers   Infosys,

what is retention? how caculate on asset

0 Answers  

in tally in contra is possible to create the ledger for rent

1 Answers  

we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?

1 Answers