Fd regarding questions

146 views 1 replies
wife husband joint saving account
primary name wife
secondary name husband
husband fd maturity amount cr in this bank
now how we shall pass the entry in husband proprieter firm account for income tax purpuse
Replies (1)
You have to pass journal entries in both books

in Book of husband

wife dr
to FD


in books of wife
bank Dr
To Husband


CCI Pro

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