Hi everybody,
can anybody tell me what will be the journal entry for (
1). Withdraw from SBH Rs.10,000 for office use.
2). Withdraw from SBH Rs.5,000 for private use.
Thanks,
Answer Posted / nayeem islaahi
helo frnds its a contra entry..........let me clear
In A ledger book we have to mention
By cash
To Bank
Cash A/c dr. 10,000/-
To Bank A/c 10,000/-
(Being withdraw from bank for office use.)
Advances A/c dr. 5000/-
To Bank A/c 5000/-
(Being Cash Received Against Advance)
| Is This Answer Correct ? | 5 Yes | 30 No |
Post New Answer View All Answers
Plant and machinery destroyed for 50000
what is revenue recognition rule, and can you specify the answer.
paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.
Do you have any professional experience in this field?
What was the most difficult deal you had to close?
Explain what is bad debt expense?
WRITE ABOUT ANY 1 "WOMENS ARE BEST MANAGEMENT PERSON" "IF UR FINANCE MINISTER OF INDIA" "V R RESPONSIBLE FOR OUR ENVIRONMENT"
cheque deposit is a contra entry?
how to calculate vat,pf,esi,service tax in corporate firm
what is the new rate of c.s.t in uttraklhand
The Horse bought rs. 2000 on Jan.20th died, its carcase was sold for rs.50 loss rs. 1950 what is journal enty
What is the general entry for charge on bank overdraft
What are the probable interviwe questions in SBI clerical interview ? I am having my interview on 30th april.
my company taken a hdfc car loan rs.355493/= but bank received only 347345/= .after received the amount company purchase the car. after that regular emi paid to hdfc bank.
what type account are below Debentures Bank overdraft