Deposit return entry in tally erp
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 March 2012
Deposit Payment and Received Entry in tally ERP
Deposit Payment and Received Entry in tally ERP
19 March 2012
At the time of payment of Deposit
Deposit a/c dr
To cash/bank a/c
At the time of receipt of deposit
Reverse the above entry i.e
Cash/bank a/c dr
To deposit a/c
and in case any interest portion at the time of receipt of deposit
cash/bank a/c dr
To interest on Deposit a/c
Note: Deposit a/c under the group loans and advance or loans/current liabilities what ever may be depending on the case facts and the interest on deposit under the profit and loss account.
In case any interest portion at the time of payment of deposit.
reverse the above entry i.e
Interest on deposit a/c dr
Cash/bank a/c
OM SAI SRI SAI JAI JAI SAI
Deposit a/c dr
To cash/bank a/c
At the time of receipt of deposit
Reverse the above entry i.e
Cash/bank a/c dr
To deposit a/c
and in case any interest portion at the time of receipt of deposit
cash/bank a/c dr
To interest on Deposit a/c
Note: Deposit a/c under the group loans and advance or loans/current liabilities what ever may be depending on the case facts and the interest on deposit under the profit and loss account.
In case any interest portion at the time of payment of deposit.
reverse the above entry i.e
Interest on deposit a/c dr
Cash/bank a/c
OM SAI SRI SAI JAI JAI SAI
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
- Two pancard
- Regarding E-invoice Generation
- Forgot to update debit note in gst
- Can we claim ITC in 28%
- Relief Calculation u/s 89 of ITax 1961 in TableA Form10E
- ADDITIONAL PLACE OF BUSINESS DOCUMENTS
- Foreign commission liable for rcm
- GST APPLICATION
- Wrongly goods delivered to other state
- Ca final exam registration may-26
- Interest on borrowed capital rental income
- TDS APPLICABILITIY
- Issue with PTEC Registration – PAN Already Used
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
