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What is the Entry of A Demand Draft is prepared for rs.4500
from UTI bank after bank charges?

Answer Posted / hemant

name of party Dr 4500
bank cahrge 500 ( As per bank )
To Bank Accounts 5000

( Here we have assumed that the bank charge is not included
in the amount of Demand Draft )

Is This Answer Correct ?    44 Yes 12 No



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