Sir/Madam
I am the propiertor of my firm. My current account is in SBI and my personal account is in HDFC. What will the entry in tally if I transfer money from HDFC to SBI (as loan) and the entry from SBI to HDFC (as loan repayment) within that financial year.
Menu
Tally query
Replies (1)
are you showing both the bank account in your balance sheet.if yes then post a contra entry
it not then route it through capital account
it not then route it through capital account
Recent Threads
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
Related Threads
CAclubindia
