P/l apropriation a/c

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Querist : Anonymous

Querist : Anonymous (Querist)

15 June 2013 Dear sir
How to make entries in tally on P/L Appropriation a/c
Thanks in advance

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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15 June 2013 Credit: respective appropriations and debit the p&l a/c

Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2013 Thank you

Dividend Proposed (Retained earnings )Dr
To Dividend Payable

at the time of payment

Dividend Payable dr
to Bank

Is it right sir.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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16 June 2013 you are correct. instead of debiting as dividend proposed, you can directly debit Dividend a/c

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Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2013 Thank you sir

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