Amount we put into in bank account, it always show in the credit side of bank statement. Why? As t bheank is receiving that amount it should be debit

Question ajoutée par Ali Ejaz Butt , Sr. Accountant , Leather Safety Auto Cushions Indsutries
Date de publication: 2014/02/10

Apprécier (0) Vues (6) Suiveurs (0) Réponses (1) Report Question

Ajoutez Une Réponse
Inscrivez-vous ou connectez-vous pour répondre.

1 Réponses

par FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

SIMPLY

Because the bank statement is a statement of account from the viewpoint of the accounts at the bank, when you put money be a creditor with amount of money .

Apprécier (1)

Déprécier Réponses () Rapport

Recherches Populaires

Offres d'Emploi Ingénieur Offres d'Emploi Vendeur Offres d'Emploi Comptable Offres d'Emploi Technicien Offres d'Emploi Informaticien

Ecrivez Votre Réponse

More Questions Like This

What differences have you noticed in the financial statements you have received from domestic vs. overseas customers?
Top Answer: this is not relevant with my experties Voir Plus

Réponses (4)
When Capital is increased by an amount, it is recorded on the: ( Right or credit side of the account - Left or credit side of the account )
Top Answer: Left or credit side of the account Voir Plus

Réponses (5)
If a debit entry is wrongly posted to credit side or vice versa then the difference amount will be :
Top Answer: <p>It will be double the amount of transaction. So, for the purpose to correct, the first entry is ... Voir Plus

Réponses (7)
Have you got any short-cut method for reconcile bank account credits for the transactions in Pos where the volume of transactions are quite large?
Top Answer: <p>Point Of Sales - Normally use Credit machine attached with credit for transaction in POS i-e com ... Voir Plus

Réponses (13)

Avez-vous besoin d'aide pour créer un CV ayant les mots-clés recherchés par les employeurs?

Obtenir de l'aide

Produits Par Bayt.com

Utilisez l'Appli de Bayt.com

Communiquez avec les autres et partagez vos connaissances professionnelles

Amount we put into in bank account, it always show in the credit side of bank statement. Why? As t bheank is receiving that amount it should be debit

Recherches Populaires

More Questions Like This