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Lpg cylinder diposit transcation entry

Accounting Entries 1011 views 2 replies
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1 Points Posted on 15 May 2019

sir

   I have received the lpg security from the customer but which ledger will be effected

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On 15 May 2019 at 17:47 Report
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42 Points Posted on 15 May 2019
It will effect liability side of your balance sheet under loan and advance...
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On 15 May 2019 at 18:09
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"Do the Right Thing...!!!"
128152 Points Posted on 15 May 2019
Yes... I agreed.

You will book the Deposit amount in "Loans and Advances - Under Liability" head.
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On 15 May 2019 at 19:10


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