why we don't write a/c while making entry in case the account is of a person
for ex Ram Dr
To Cash a/c Cr
why we don't write a/c while making entry in case the account is of a person
for ex Ram Dr
To Cash a/c Cr
hi Ram, there is no legal prohibition to not write a/c with a pesonal a/c,, you can write it.
my Qu.
how can EPF Pension Withdrawn
how many year compleat after pension raise
Please detail Knwledge for this chapter
my E-Mail I.D. Deepak_157_ks @ yahoo.co.in
deepak157ks @ gmail.com
| Originally posted by :Mayank Gupta | ||
| " | why we don't write a/c while making entry in case the account is of a person for ex Ram Dr To Cash a/c Cr |
" |
B'coz the Person him self is not an A/c. U may write as Ram's A/c and not Ram A/c. Ram is a person not an A/c. In fact the A/c belongs to the Person in whose name it is created. we use Ram's A/c (meaning thereby an A/c that belongs to Ram).
Hope u got the Point.
n Mr. Ankit Pratap Singh this kind of answer is not expected from a student of CA Final. hope u wont mind it.
Regards
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
Aggarwal Sarawagi and Co
New Delhi
CA
View Details
Shaswat initial support private limited
Ahmedabad
CS
View Details
T R SOOD & CO
New Delhi
CA Inter
View Details
CAclubindia
