Interested to Buy Any Domain ? << Click Here >> for more details...
Rams due of Rs 32500/- was settled thru adjustment of
security deposit Rs 12000/-and the balance in cash.pass
necessary entry
- 6 Answers
- 9724 Views
- Accenture, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / haritha
Security Deposit A/c Dr 12000
cash A/c Dr 20500
To Ram A/c 32500
| Is This Answer Correct ? | 39 Yes | 3 No |
Answer / saif
security a/c dr 12000
cash a/c dr 20500
To Rama a/c 32500
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / vijayaraghavan
Cash A/c Dr 20500
Security Deposit Dr 12000
To Rams A/c 32500
(the Security Deposit is Liability for us, We receive
already its shown in Balance sheet side Current Liabilities)
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / sachin
Considering Ram as Creditor in Balanceshit of our
organiastion & Security deposit with him as unadjusted
asset showing in the asset side of our balanceshit,
following entry should get posted.
Rams A/c Dr 32500 (Nulify the Credit balance of RAm)
To Security Deposit A/c 12000 (Nulify the SD Asset)
To Cash A/c 20500 (Reduce the balance of Cash)
In the books of Ram the entry will be
Cash A/c Dr 20500
Security Deposit Dr 12000
To XXX org (Our company) 32500
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / subramanyam
Hi All
we received security deposit from out customer 18000/-
every month raising the invoice and send to the customer he
clear the invoice through cheque/cash. the agreement is
expiry so we paid security deposit to customer 18000/ but we
did not received the rent in last month .
how to make entry of security deposit adjusted in rent .
please send the correct entry.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / amit
CASH A/C. DR. 32500/-
TO SECURITY DEPOSIT A/C. 12000/-
TO RAM A/C. 20500/-
| Is This Answer Correct ? | 4 Yes | 25 No |
expand I R
EXPAND______________RFID
Explain why retained earnings have an opportunity cost associated?
what mean rtgs & nfts
Expand R B I
EXPAND___________NTF
Where is we show Discount Received in which head?
Expand ------DMRC
Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?
what is purchase consideration? How does it come about and how is it treated in the books?
what is investment banking
0 Answers RBI, State Bank Of India SBI,
what is letter of credit and how do you settle it
Audit 
