a school fees can 84000/-
i pay this through emi -12500/-
how to get entry in accounting?
Menu
How to treate school fees expenses
Replies (3)
These are your drawings .
do entry through capital account.
do entry through capital account.
Let's say u pay 84000 in 7 installments (12500*7=87500)
Entry should be
School fees........ Dr12000
Interst....... Dr500(will be calculated using reverse caln)
To cash 12500
Thanks for help sir.
Recent Threads
- Updated Return _ Deduction
- Turf Club Veterinary Department. Procurement Manua
- I have wrongly shown itc in reclaimable itc inste
- Help reqd in getting Professional Tax challan
- New form 139 as per Tax Act 2025
- In GST maintain invoices or bill in excel instead
- How to paid income tax in block return in itrb
- RCM Applicable for Man Power Supply (URD) to Regis
- Guidance Required for CA Final Group 2
- Income tax challan in block itrb
Related Threads
CAclubindia
