i am working in a school in which i am receiving fees in bank through students in different heads like tution fee, annual fund, journal fund etc. for example a student has paid Rs. 7500/- for a quarter (April to June) in this 2000/- is admission fee, 2500/- is tution fee, 1000/- annual fee, 1000/- building fund fee, 1000/- journal fund fee. how we can do the entry?
5 Replies
Sarath Rajendran
(Nil)
(2791 Points)
Replied 31 May 2018
Bank/Cash A/C Dr. 7500
Tution Fee A/C 2500
Admission fee A/C 2000
Annual fee A/C 1000
Building fund A/C 1000
Journal fund A/C 10000
MEENU RITHISHA
(2 Points)
Replied 09 July 2019
hi sir/madam
this Meena from Bangalore, I worked in school now, I want to learn tally for school management kindly anyone guides me .this my mail id Meenurithisha @ gmail.com send me the PDF or MS ward type.
thanks and regards,
Meena
KNIGHTッ RYDER
(2 Points)
Replied 10 September 2019
I have a fee receipt of 1800 How to do it's journal entry
Arjun Singh
(se)
(24 Points)
Replied 15 January 2023
Anyone can help me with accounting.
1. James is paying 10,000 (Tution and Development) for school fee payment
2. Cash account should show receiving of 10,000
3. Fee head for tution should show 5000
4. Fee head for development should show 5000
5. James account should show that he has paid 10,000
Ledger entry should be double
Arjun Singh
(se)
(24 Points)
Replied 16 January 2023
- Tution Fee-6000
- Development Fee-6000
- James is paying 10,000 (Tution and Development -2000 concession) for school fee payment
- Cash account should show receiving of 10,000
- Fee head for tution should show 5000
- 1000 tution fee concession applied to parent
- Fee head for development should show 5000
- 1000 development fee concession applied to parent
- James account should show that he has paid 10,000
- Tution fee concession should show 1000
- Development fee concession should show 1000
Ledger entry should be double
Recent Topics
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
- NAME CHANGE OF HUF
- Advisory for Reporting TDS Deducted by scrap Deale
- Section 194 J Technical Service/Professional Servi
- Solving of Export Related Problems
- Need your valueble insight.
- Softex For freelancer ?
- GST ON REIUMBURSEMENT ENTRY ON GST PORTAL
Related Threads
CAclubindia
