Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Is bank charge an assest, equity or liability? 

Answer Posted / raghuvstar@gmail.com

Bank Charges is Expenses to company.

it will falls under "Indirect Expenses" at profit & Loss a/c

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

can u let me know how the bankers calculate interest on O.D.account

2102


Please explain a Representative Personal Account.

2090


What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?

2159


How & When We Calculate Deffered Tax... Please Give me Some Example.?

2118


please send me last 3 years question & solution

2090


commisiion recieved journal entry and receipt required

1464


What is the procedure to take loan

2239


WHAT IS B.E.P. CHART

2418


what is the difference between Tally ERP and SAP FI ECC?

2418


What is discounting accounting and why depriciation of assets are mention in dicounting accounting?

2102


my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

1926


please explain the uses of internate protocol address(ip add)?

2220


What is Merger?

2374


How do you manage the sales account in tally

2036


What is the difference between Deffered Tax Assets & Deffered Tax Liabilities

2204