Answer / lokesh khintolia

First Part - Cash Received

Cash A/c Dr. 100.00
To X 100.00

Second Part - Cash Deposit into Bank ( Contra Entry )

Bank A/c Dr. 100.00
To Cash 100.00

Answer / gangadharan

Bank a/c dr

To Cash

Answer / george

is a contra entry in the cash book
dr bank
cr cash

Answer / rajesh

Hai gangadaran, dont make wrong entry. below is the entry

1)DR Bank A/c
Cr Cash

Answer / suspense

Gangadaran & Rajesh Both of you are right.

Answer / arjun

lokesh u r absulotly right

Answer / raghunath

bank a/c dr 1050

To Cash a/c 1050

Answer / madhur

Lokesh is Exactly right & am surprised & was doubting my
Accounts knowledge......This transaction has two parts so
earlier people why just one....Surprising.

Choose the right answer Which of the following is Liability account 1.Bills payable 2.TDS collected 3.Unearned income

3 Answers  

waht is the menaing of accounts payble?

7 Answers  

journal entry for depreciation

5 Answers  

company accounts & final accounts?

1 Answers  

what is trailbalance..?

16 Answers  

I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK

0 Answers   Genpact, Oracle,

The prepaid insurance account has a debit balance of $3600 at the end of the year. If unexpired insurance at the end of the year is $2800, the amount of insurance expense that should be reported on the income statement is?

2 Answers  

WHAT IS Z.B.B. ZERO BASED BUDGET?

10 Answers   Capital IQ,

Interest earned on investments is an__________

0 Answers  

Whast do you mean by diversification? Is it related to risk?

2 Answers   Mellon,

1.provide a brief write up on why you consider yourself suitable for the post voting your major achievements? 2. Mention your position in the hierarchy and the levels above and below you ?

0 Answers  

kamal became insolvent.a first and final payment of 60 pasie in a rupee was recived from his official recived.he owner me a debit of amount is RS 500 give the journal entries for this

2 Answers