Accounting treatment for joint bank a/c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 June 2013
IF THERE 2 PERSON A AND B HOLDING JOINT A/C IN BANK AND BOTH PERFORMS TRANSACTIONS IN BANK IN BUT HOW SHOW THAT IN BOOKS OF THEM AND WHETHER THAT BANK A/C CAN BE SHOWN IN BOTH'S BOOKS OR ANY ONE OF THEM? HOW TO SHOW ? PLS INFORM
CMA Ramesh Krishnan
(Expert)
21 June 2013
Bases on transactions need to show their respective a/c
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