Journal voucher
This query is : Resolved
Ankur SIngh
(Querist)
21 October 2013
What is the journal entries of RTgs made to Xyz ltd
What is the journal entries of RTgs made to Xyz ltd
Nikhil Kaushik
(Expert)
21 October 2013
Xyz limited dr rs abc
bank charges dr rs xyz
Bank a/c cr abc+xyz
bank charges dr rs xyz
Bank a/c cr abc+xyz
Ankur SIngh
(Querist)
21 October 2013
Please Explain me clearly and Adjusting Entry also
Nikhil Kaushik
(Expert)
21 October 2013
Hi Ankur,
lets assume you are paying Rs 1000 to XYZ Ltd and bank charges are Rs 10.
So the entry is Debit XYZ Rs 1000, Debit Bank Charges Rs 10 and credit Bank A/c Rs 1010 ie
XYZ Ltd Dr Rs 1,000
Bank Charges Rs 10
Bank A/c Cr Rs 1,010
(being payment made to XYZ Ltd and bank charges debited)
lets assume you are paying Rs 1000 to XYZ Ltd and bank charges are Rs 10.
So the entry is Debit XYZ Rs 1000, Debit Bank Charges Rs 10 and credit Bank A/c Rs 1010 ie
XYZ Ltd Dr Rs 1,000
Bank Charges Rs 10
Bank A/c Cr Rs 1,010
(being payment made to XYZ Ltd and bank charges debited)
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
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Urd purchase entry in tally prime
- GSTR-9C filing
- Intimation under section 245
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
