Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / vijaykant
Conta entry takes place in three occassion
1) when cash is withdrawn from bank
Cash A/C Dr.
To Bank A/c Cr.
2) when cash is deposited in bank &
Bank A/C Dr.
To Cash A/c Cr.
3) branch transfer takes place from one branch to another.
Bank 1 A/c Dr. 20000
TO Bank 2 A/c Cr. 20000
( In this case amount of 20000 is transferred from Bank 2
to Bank 1)
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Tell me do you think there is any difference between inactive and dormant accounts?
What are the reasons which cause pass book of the bank and your bank book not tally?
How do you handle rejection?
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?
Capital reserve is - a) real account b) nominal account c) personal account d) none of them
Which accounting applications are your familiar with?
How calculate holding company account?
What is batch input? why we use batch input session in SAP(FICO)?
Mention in simple terms what is the difference between asset, equity, and liabilities?
Explain me what is assets minus liabilities?
Can you name different branches of accounting?
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
Explain me bills receivable?
What are the types of liabilities accounts?
