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accounting entry

Accounting Entries 2099 views 22 replies

Raje1

Accountant

89 Points Posted on 19 December 2009

Dear sir

I hava a pathology lab when ever a patient due we debited the sundry debtors (lab) and cr the pathology charges

Sundry debtors(lab) dr 1000

To pathology charges 1000

but by mistake accountant had not pass the due entry and in mean time cash received from the patient then entry pass by accountant

cash Dr 1000

To sundry debtors (lab) 1000

and now to nil the effect adjustment entry pass the accountant

sundry debtors (lab) 1000

to sundry debtors (lab) 1000

sir my question is the last adjustment entry is right for debting and crediting the same head

Replies (22)

Abhay

123 Points Posted on 19 December 2009

Entry Should Be

-For Due

Sun. debtors

to pathology charges

-For Payment received

Cash Dr.

to Sun. Debtors

But wrong Entry Has made as per ur Question

Now What u have to do is:

Pass the Due Entry

Thts it.

Raghav Gupta

CA Final & CS Executive Student

212 Points Posted on 19 December 2009

the adj entry should be

s. debtor dr 1000

path charges 1000

Navneet Gupta

Article

129 Points Posted on 19 December 2009

i agree with raghav

VICKY

CA-Final

68 Points Posted on 19 December 2009

u r just needed to pass due entry that is

Debtors

To pathology charges

ur mention entry will not affacts the books of accounts

Goongan

Student

450 Points Posted on 19 December 2009

Correct Entry

Debtors rs. 1000

To pathology charges Rs. 1000

CA Bhuvnesh Kumar

Chartered Accountant

69 Points Posted on 19 December 2009

I agree with both Abhay and Raghav .

Meaning of both parties contention is same.

Arun Dhawan

Student

65 Points Posted on 19 December 2009

Sundry Debtors...Dr. 2000

To Cash 1000

To pathology charges 1000

Arun Dhawan

CA kuldeep kothari

own practice

375 Points Posted on 19 December 2009

s.debtors a/c dr to pathology charges

Ansari

ca final

444 Points Posted on 20 December 2009

Originally posted by : Abhay
	Entry Should Be -For Due Sun. debtors Â Â Â to pathology chargesÂ Â Â Â Â Â Â Â Â Â Â Â Â -For Payment received CashÂ Dr. to Sun. Debtors But wrong Entry Has made as per ur Question Now What u have to do is: Pass the Due Entry Thts it. Â Â

AHAMED. B

3 'C' - Final

273 Points Posted on 20 December 2009

well... pass the due entry thro journal voucher.... Thats it....

Hemant

CA FINAL STUDENT

54 Points Posted on 20 December 2009

hello sir how r i download pcc Nov09, Solution Papers

CA Kanveer Singh Dhingra

Merchant Banker

193 Points Posted on 21 December 2009

Entry must be.. Debtor a/c dr. To pathalogy fees a/c.. You need not pass any other entry as your 1st entry was missing and there is no effect of wrong entry which is passed by your accountant i.e debtor a/c dr. To debtor a/c. From KAR (sewa) group.. Kanveer,angad,rajan..Amritsar 9888780028 9988811630 always free for solving your problems..