Railway Accounts Department Examinations

Showing posts with label Railway Accounts Vs Commercial Accounts. Show all posts
Showing posts with label Railway Accounts Vs Commercial Accounts. Show all posts

Wednesday, April 22, 2020

Railway Accounts Vs Commercial Accounts


Railway Accounts Vs Commercial Accounts

Railway Accounts
Commercial Accounts
Demands Recoverable A/c
Debtors A/c
Traffic A/c
Debtors A/c
Sales Suspense A/c
Debtors A/c
Labour  Suspense A/c
Creditors A/c
Purchase Suspense A/c
Creditors A/c
Demands Payable A/c
Creditors A/c
Cheques & Bills A/c
Bank A/c
RIB - Remittance Into Bank A/c
Bank A/c
Stores A/c
Purchases A/c or Sales A/c

Notes:
·         The above list is not exhaustive.
  
·         Though the nomenclature is different in Indian Railways, but the recording of Journal Entries in the Railways is always abide by the Golden Rules of Double Entry system.