Answer / ravi

suppose a cheque amount of 10000 received through neft to our
bank account. which entry to be passed, contra or bank receipt
or bank payment and same when we pay a cheque and it is
cleared

Answer / ravi

payment short cut key is f5 payment made bycheque the entry is
party a/c dr
to bank

receipt short cut key is f6 receipts made by cheque the entry is


bank a/c dr
to party

Answer / purushoth

if i will get income 10000
Receipt Entry

Bank a/c cr 10000
Party a/c dr 10000

If i will Expenses 10000
Payment Entry

Expenses a/c Dr 10000
Cheque(Bank) a/c 10000

4. Operating Assets: $ 100,000 Operating Income: $ 18,000 What would be the rate of Return on Investment (ROI)?

1 Answers  

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what is badts and its entries?

4 Answers   Genpact, Ramky,

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What does the word credit mean in terms of accounting?

0 Answers  

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What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?

0 Answers  

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What Is The Entry Of fixed Assets & Which Ledger? How Many Entries Are Posted For 1 Transaction? If We Paurchase Asset From XYZ Ltd. & Make Payment.

2 Answers  

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What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.

1 Answers  

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what is the difference between journal entry and ledger

5 Answers  

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What is basic difference between loan and investment?

2 Answers  

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Explain the Steps to Define Invoice Batches

0 Answers   Accenture,

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15 methods of depreciation and its examples

2 Answers   IBM,

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what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software

0 Answers  

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hello friends i like to know journal entry for one loan transaction ie if you purchase a car for EMI with initial payment how to make first entry & monthly entry any thing is there? pls reply to me.

2 Answers  

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