Accounting for school
This query is : Resolved
01 January 2013
While accounting for school student should be taken under which head either Sundry Debotors or someother head.
Reply as early as possible.
Reply as early as possible.
02 January 2013
There simple entry ,,you should make.
Cash/Bank Dr. xxxx
To Fee Collection(Income head)xxxx
(Being fees collected for month of ...)
Cash/Bank Dr. xxxx
To Fee Collection(Income head)xxxx
(Being fees collected for month of ...)
16 January 2013
You are talking of fee receivable. This should be taken as Fee Receivales on the assets side of the Balance Sheet
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