ACCOUNTING ENTRIES PASSED DATES IN BOOKS

A Doctor new clinic strated dt:01-11-2021

1.Capital investment in cash rs:6 lacs dt:15-10-21

2.purchases of furniture and equipments value rs:3 lacs dt:21-10-21

Question:

A doctor above mentioned transactions accounting entry passed in books different transactions dates or single entries passed clinic strated date is correct method.

Replies (3)
Quick Summary
This discussion clarifies the correct method for passing accounting entries. Transactions should be recorded on the specific dates they occur, such as when cash is deposited or an asset is purchased, rather than solely on the clinic's start date. This ensures accurate financial record-keeping.

Entries should be passed at respective dates

Date on which cash is deposited in Bank.

Second entry date of bill for purchase of asset.

Third entry date on which payment is made to the person from whom asset is purchased.

Agree with above comment

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details