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P/l apropriation a/c

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 June 2013 Dear sir
How to make entries in tally on P/L Appropriation a/c
Thanks in advance
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
15 June 2013 Credit: respective appropriations and debit the p&l a/c
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Querist : Anonymous

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Querist : Anonymous (Querist)
16 June 2013 Thank you

Dividend Proposed (Retained earnings )Dr
To Dividend Payable

at the time of payment

Dividend Payable dr
to Bank

Is it right sir.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
16 June 2013 you are correct. instead of debiting as dividend proposed, you can directly debit Dividend a/c
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Querist : Anonymous

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Querist : Anonymous (Querist)
16 June 2013 Thank you sir

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