Journal entry
This query is : Resolved
14 June 2013
Respected Sir
Im Supratim Ghosh from kolkata
I want to know the journal entry of following
Q.1)Sold good for cash and paid into S.B.I Rs 1000.
Q.2)Drew for office cash from U.B.I Rs 3600.
Q.3)Transfered from U.B.I to S.B.I Rs 500.
Q.4) U.B.I allowed interest Rs 120.
Q.5) S.B.I charged interest Rs 80.
Pl sir ans my questuion and say the reason,as soon as possible.
Regards Supratim Ghosh
Im Supratim Ghosh from kolkata
I want to know the journal entry of following
Q.1)Sold good for cash and paid into S.B.I Rs 1000.
Q.2)Drew for office cash from U.B.I Rs 3600.
Q.3)Transfered from U.B.I to S.B.I Rs 500.
Q.4) U.B.I allowed interest Rs 120.
Q.5) S.B.I charged interest Rs 80.
Pl sir ans my questuion and say the reason,as soon as possible.
Regards Supratim Ghosh
14 June 2013
Ans.1) a. If first cash is received and than same is deposited in bank:
Cash A/c Dr.
To Sales A/c
Bank A/c Dr.
To Cash A/c
b. If cheque is received from debtor then:
Bank A/c Dr.
To Sales A/c
Cash A/c Dr.
To Sales A/c
Bank A/c Dr.
To Cash A/c
b. If cheque is received from debtor then:
Bank A/c Dr.
To Sales A/c
14 June 2013
Ans. 2)Cash A/c Dr.
To U.B.I. A/c
Ans. 3)S.B.I. A/c Dr.
To U.B.I. A/c
Ans. 4)U.B.I. A/c Dr.
To Bank Interest A/c
Ans. 5)Bank Interest A/c Dr.
To S.B.I.
To U.B.I. A/c
Ans. 3)S.B.I. A/c Dr.
To U.B.I. A/c
Ans. 4)U.B.I. A/c Dr.
To Bank Interest A/c
Ans. 5)Bank Interest A/c Dr.
To S.B.I.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
