Hi,
i have one query
if from one company we are paying salary from our petty cash
so how to show the salary paid in other company
thanks
Hi,
i have one query
if from one company we are paying salary from our petty cash
so how to show the salary paid in other company
thanks
Your Question is not clear. Please explain your Question
means i am paying salary from petty cash for my xyz company & petty cash is for abc company
so how to show it .
& how to pass entry
In the Books of Paying Company
Debit the Other Company A/c to which Salary Belongs to
Credit the Petty Cash
In the Books of Other Company
Debit the Salary A/c
Credit the Company A/c which paid the Salary (i.e.Paying Company)
T R SOOD & CO
New Delhi
CA Inter
View Details
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
View Details
YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
View Details
CAclubindia
