P/l apropriation a/c

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Querist : Anonymous

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

15 June 2013 Credit: respective appropriations and debit the p&l a/c

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Querist : Anonymous

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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.

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

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Querist : Anonymous (Querist)
16 June 2013 Thank you sir

.


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