tally entry..........
Querist : Anonymous
what would be entry; is it contra entry
what would be cr and db entry in these case
thanks
if its some kind of charges, then it will be entered as payment entry.
if its for a fund transfer or cash withdrawal, then, yes.... a contra entry will be passed
Querist : Anonymous
could u please explain.
It is amount debited by bank towards sale deed
if i consider it has charges (payment): what would be the accounts to be credited and debited as there is no cash paid. The bank has debited directly from my account
thanks
Querist : Anonymous
could u please explain.
It is amount debited by bank towards sale deed
if i consider it has charges (payment): what would be the accounts to be credited and debited as there is no cash paid. The bank has debited directly from my account
thanks
Dr: Charges a/c
Cr: Bank a/c
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