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Tally journal entry


Aslam Basha (Accountant)     02 July 2020

Aslam Basha
Accountant 
 30 points

| My Other Post

My Client opted for a chit of Rs.50,00,000. Monthly premium is Rs.1,00,000 out of which Rs.70,000 is paid every month and remaining Rs.30,000 is given as dividend. After payment of 8 Installements the chit was discounted for Rs.32,50,000 where Rs.17,50,000 was left in the auction. We received Rs.31,44,690 after deducting Rs.105310 (Commission and Other Expenses). Please advice the Journal

avater

sabyasachi mukherjee   03 July 2020

sabyasachi mukherjee

 140 likes  3843 points

View Profile | My Other Post

Identify each transaction


pass entries....


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