In our company we are making payment through X bank and again we opened a new account in Y bank and we deposited cash in this bank rs.10000.and cash is used from X bank. then what will be the entry & how to adjust with old bank
Answer Posted / ali
Bank Y debit Rs. 10,000
Bank X credit Rs. 10,000
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
WHETHER CAPITAL RESERVE CREATED OUT OF SALE OF FIXED ASSETS OVER AND ABOVE THE COST BE TRANSFERED TO PROFIT AND LOSS ACCOUNT
Do you know offset accounting?
What Is Differ tax,
Explain financial accounting.
what is t code of journal voucher report with amount?
What is your role in planning?
under which ledger should i make opening work in progess and closing work in progress
what is windows dressing final accounts?,sales a/c belongs to which a/c type?
What are the functions of manger -accounts and manager-finance? Explain in detail
Cost Accounting
What is the tds effect in balance sheet if tds receipts?
Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same
Tell me what do you believe makes a successful account executive?
Mention the types of accounts involved in double entry book-keeping?
How familiar are you with crm?