banner_ad

Accounting entry

A/c entries 706 views 1 replies

Dear All,

Pls help me with the following

In the books of a contractor (Proprietorship) how the following entry to be passd

 

Entry for part bill submitted by the contractor to the contractee

Entry for part receipt from contractor

Entry for advance receipt from contractee

Also suggest me appropriate  account head

 

Thanks & Regards

 

Replies (1)

Radha 

First entry: Contractee a/c Dr 

                   To Contract a/c (Part bill amount)

2) Bank a/c  Dr

    To Contractor a/c

(Being amount received)

3) Bank a/c Dr

    To Contractee a/c

Being advance amount received vide dd./cheque no.....dt...)

4) Accounts heads are (1) Contract A/c  (2) Contractee A/c


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
28 April 2026
Senior Accounts Professional

Vivek S Gupta & Associates

New Delhi

B.Com

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
26 April 2026
Chartered Accountant

Source HR

Mumbai

CA

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details