Journal entry
This query is : Resolved
Guest
Guest
(Querist)
30 August 2011
Can any one tell me,what journal entry pass for MIS (monthly income scheme) deposit, e.g.Rs:50000 deposit in MIS plan for 3 yrs and Rs:1000 receive in every month up to 3yrs & Rs:55000 receive after 3yrs[Journal entry pass in the books of Bank and Journal entry in the books of MIS depositor/customer]
....... X .......
....... X .......
30 August 2011
Monthly Income Scheme deposit a/c dr 50000
to cash bank a/c 50000
cash/bank a/c dr 1000
to interest on MIS 1000
cash / bank a/c dr 55000
to Monthly income scheme deposit a/c 50000
to bonus on MIS 5000
to cash bank a/c 50000
cash/bank a/c dr 1000
to interest on MIS 1000
cash / bank a/c dr 55000
to Monthly income scheme deposit a/c 50000
to bonus on MIS 5000
Message likes :
1 times
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
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Confusion around Form 26QB fields
- Sale of property furniture sale
- Applicability of Ind As to associate of associate
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Last year input claim shown in gstr9
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
