what are the entry for payment of city bank credit card
through hdfc bank in tally 7.2 ?
Answer Posted / a sravan
THERE ARE TWO ENTRYA ONE IS CONTRA AND ANOTHER IS PAYMENT
1) CITY BANK A/C DR
TO HDFC BANK A/C
2)PAYMENT A/C DR
TO CITY BANK A/C
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
Explain what is accrual accounting?
what is capital reserve
how to get a job in stock markets for MBA-FINANCE?
what are the limitations of accounting ratios?
What are the reasons which cause pass book of the bank and your bank book not tally?
Tell me how you can adjust entries into account?
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.
what is the treatment for employee contribution and employer contribution in in pf in accounts under which head??
By saying, perpetual or periodic inventory system; what do we mean?
Tell me what is “deposit in transit”?
Define partitioning in accounting?
one bank account transaction example ebanking raj medical 500000 dr. second bank account ebanking raj medical 500000 cr what is the entry in tally erp can it is contra contry or not please explain
What is the use of 2a, 2b & 2c form in CST ?
What is capital adequacy ratio? What is demat account?
M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances