F.d.r. entry in boks
This query is : Resolved
Sanjiv Singla
(Querist)
02 April 2018
My mother has gifted me Rs 2 lakh by a/c payee cheque..
i have converted same amount into F.D.R
..How to show this amount in my books. ?..
.i am using busy accounting package
i have converted same amount into F.D.R
..How to show this amount in my books. ?..
.i am using busy accounting package
CA Rashmi Gandhi
(Expert)
03 April 2018
Bank A/c
To gift from mother
Gift from Mother a/c
To Capital A/c
Message likes :
2 times
CA Abhishek Goyal
(Expert)
07 April 2018
Hi ,
First of all you need to pass the entries in your capital account.
1. Bank Ac Dr.
To Gift from Mother Account.
2. Gift from Mother Account Dr..
To Capital Account.
Then FD made is accounted as usual.
3. FDR Account Dr.
To Bank Account.
FD should be under Investment Head.
First of all you need to pass the entries in your capital account.
1. Bank Ac Dr.
To Gift from Mother Account.
2. Gift from Mother Account Dr..
To Capital Account.
Then FD made is accounted as usual.
3. FDR Account Dr.
To Bank Account.
FD should be under Investment Head.
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