Bank tally - proprietorship firm

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 February 2015 In proprietorship firm, I have already done CUrrent a/c Bank tally. But I want to done bank tally of proprietor saving a/c.
How to do it.If proprietor gives to payment him frnd.

17 February 2015 What is understand is you are to pass entry for payment made by the proprietor to his friend, if it is so then entry will be as under,

Party a/c. (friend's name) (under unsecured loan) Dr.
To bank.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries