23 May 2015
If we are transferring money from one account and bank charges is deducted by bank with the transferred money how contra entry will be done? Is the following journal is right
A/c No.4751......................Dr 10000 Bank charges......................Dr 5 To A/c no.6541 10005
23 May 2015
If I do separate entry the amount of credited bank account will not be found as exact figure in Bank pass book.Like in the above case the bank passbook will show 10005 as credit which may bring conflict at the time of reconciliation.
23 May 2015
No Sir, now I am working on tally and in that problem.It is written in Bank account That NEFT 5002.50 but in another account Rs.5000. So tell me the solution if any one help me
CAclubindia
