Ledger
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 March 2012
in Posting why in journal entries debit side goes credit side in ledger posting
For Exp.Fixed Assets Dr.
to Bank A/c
(Fixed Assets Purchased By Bank)
How to prepare ledger explain in deeply &why
For Exp.Fixed Assets Dr.
to Bank A/c
(Fixed Assets Purchased By Bank)
How to prepare ledger explain in deeply &why
01 March 2012
Dear Friend,
Entry does not go to opposite side. See the ledger account will be as under:
Fixed Assets Account (Ledger A/c )
-----------------------
To Bank Dr 20,000
(entry has been posted in debit side as per journal entry but the referral head is of credit side only.
Bank Account (Ledger A/c)
--------------
By Fixed Assets Cr. 20,000
Entry does not go to opposite side. See the ledger account will be as under:
Fixed Assets Account (Ledger A/c )
-----------------------
To Bank Dr 20,000
(entry has been posted in debit side as per journal entry but the referral head is of credit side only.
Bank Account (Ledger A/c)
--------------
By Fixed Assets Cr. 20,000
Message likes :
1 times
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
- CAPITAL GAIN BASE ON NOTIFICATION
- ITDS U/S.194T of Firm
- Unregistered suppliers utility
- NRI starting business in India
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- Resigning a auditor from the company for misconduct
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- EXPORT COMMERCIAL INVOICE HSN CODE
- Capital gain on sale and purchase of plot
- Form 140 tds
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
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
