Journal voucher
This query is : Resolved
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
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
21 October 2013
Please Explain me clearly and Adjusting Entry also
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- TDS on Purchase of Immovable Property by NRI from NRI
- Stamp Paper for partnership firm change new income tax 2025
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Value of property in capital gain
- Copyright software
- Regarding TDS Applicability For Director Remuneration
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
