Demand draft will come under which head and what will be the entry if we pay for a demand draft to CMO
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Demand draft will come under which head
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Demand Draft should be shown under Bank accounts
Demand Draft to CMO A/c dr
to Bank a/c
Demand Draft to CMO A/c dr
to Bank a/c
What's the purpose of payment?
DD charges which shown in tally
DD Expenses should be shown under Indirect Expenses in Tally
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