Double entries for transfer of expenses/losses to equity
Transfer of losses/gains to equity
Reversing a cash transaction in the ledger accounts
Menu
Journal entries
Replies (1)
Capital a/c Dr
to p&l
(loss transfer)
p&l a/c Dr
to capital a/c
( profit trnsf)
cash a/c Dr
to real/personal/nominal A/c
(reversing cash transactions)
to p&l
(loss transfer)
p&l a/c Dr
to capital a/c
( profit trnsf)
cash a/c Dr
to real/personal/nominal A/c
(reversing cash transactions)
Recent Topic
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
Related Topics
CAclubindia
