Rs. 5000 received as divided by cheque no.156201 of axis bank ,the cheque deposited into icici bank.
What voucher entry should I pass intally?
11 Replies
Sundararajan S
(Final Student of ICAI)
(1764 Points)
Replied 10 April 2017
Axis Bank Dr To Dividend Received
Mukesh Kumar
(Accounts Manager)
(1466 Points)
Replied 11 April 2017
DEAR SIR, ,,,,,,,,,,,,
Dr :icici Bank ,,,,,,,,,,Cr : divided received
Dixit
(CA Final)
(2405 Points)
Replied 11 April 2017
| Originally posted by : Studentsca | ||
 |
Icici bank dr to dividend received. |  |
ICICI Bank Dr To Dividend
Sundararajan S
(Final Student of ICAI)
(1764 Points)
Replied 11 April 2017
I'm sorry I didn't read it properly.
Sundararajan S
(Final Student of ICAI)
(1764 Points)
Replied 11 April 2017
it's ICICI Bank Dr To Dividend Received
CA Nirmala Yugandhar Pyda
(Manager - Finance & Accounts)
(63 Points)
Replied 11 April 2017
The dividend received by you is deposited in your ICICI bank account. Than entry will be
ICICI Bank A/c Dr
To Dividend A/c
CA Nirmala Yugandhar Pyda
(Manager - Finance & Accounts)
(63 Points)
Replied 11 April 2017
The dividend received by you is deposited in your ICICI bank account. Than entry will be
ICICI Bank A/c Dr
To Dividend A/c
VIJAY SHARMA
(student)
(176 Points)
Replied 12 April 2017
There are only six entries in accounts
1 : Dr - the Receiver
2. : Cr - the Giver
3. : Dr - what comes in
4. : Cr - what goes out
5. : Dr. - expense /loss
6. : Cr - Profit/Gain
in the given instance : ICICI is the reciver and Dividend is income. Is there any doubt now ?
In general there is no seventh entry I have come across during my carrier of 30 years in accounts. "Substance shall rule out the Form"
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