Bank od
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 January 2012
what is the exact entry for bank od
is it cash to bank od ... exp to cash or exp to bank od
i am trying to ask if we can get cash as od or we can only get a bank od which is non-cash
is it cash to bank od ... exp to cash or exp to bank od
i am trying to ask if we can get cash as od or we can only get a bank od which is non-cash
12 May 2012
When cash is withdrawn from an O/d account or payment is made to a creditor, entry shall be as under:
Cash/Creditor A/c Dr
To Bank O/d A/c
When cash is deposited in O/d Account, entry:
Bank O/d A/c Dr
To Cash A/c
Cash/Creditor A/c Dr
To Bank O/d A/c
When cash is deposited in O/d Account, entry:
Bank O/d A/c Dr
To Cash A/c
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Gift of mutual fund units to daughter
- TDS ON CASH WITHDRAWALS...
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Pan Card apply for Self help group
- Reporting of STCG on Property in ITR
- Error while filling exam form November 2026
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
