Proprety insurance Charges
This query is : Resolved
19 September 2023
Dear Sir
Bank deducted Rs.1770/- under Proprety Insurance so please suggest Pass the entry in books of account under Bank Charges or Under Capital account.
Bank deducted Rs.1770/- under Proprety Insurance so please suggest Pass the entry in books of account under Bank Charges or Under Capital account.
19 September 2023
Debit capital account in case it's not related to business.
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19 September 2023
Yes, I agreed with Mr CA R SEETHARAMAN Sir...
I think the charges levied on Your collateral property. So, It will be account in Bank Charges...
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22 September 2023
Thanks to all of you
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