Interested to Buy Any Domain ? << Click Here >> for more details...
Hi Everybody,
1). Can anybody tell me the Journal entry for Bank charges
Rs.100 and under which account it will come.
2). Received interest from Bank what is the journal entry,
under which account it will come,
Awaiting for soonest reply,
Thanks,
Khan
- 12 Answers
- 63854 Views
- I also Faced
- E-Mail Answers
Answer Posted / prem
bank charges A/c dr ****
To bank A/c ****
(here the cash is not going through our hands,the banker is
going to deduct it from our account,so we need to less the
bank balance by crediting it,and by debiting bank charges.)
bank A/c dr ****
To interest A/c ****
(we are not receiving interest in form of cash from the
banker,simply he is going to credit the interest part to
our account.we are going to debit our bank balance to the
extent of interest part.we should not treat it as cash
receipt unless and until we realised it)
| Is This Answer Correct ? | 121 Yes | 9 No |
Post New Answer View All Answers
shares convert into share capital what is the journal entry? how many ledgers need to create?
How the Entry passed for Loss of Payment
What is debit and credit note?
Tell me what is reversing journal entries?
Explain me what is general ledger account?
how to geting finished goods cost with included it's all BOM and all production order cost in sap?
What is computerized accounting?
Describe me accounting rules
Tell me by saying, perpetual or periodic inventory system; what do we mean?
Expand ctc cheque?
how to finalised the Balance sheet & profit & loss A/C
when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.
What is the revenue recognition principle?
WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?
how many view the tally backup erp9 after the tally backup in tally
