Dear Sir/Madam,
MR. ABC SUBMIT BILL OF RS. 15,000INR AGAINST PRINTING & ADVERTISING, BUT PAID OF RS. 7500INR BY ME & BALANCE 7500INR PAID BY THIRD PARTY, WHAT IS THE JOURNAL ENTRY? IF WE PAID, WHAT IS ENTRY?
& THIRD PARTY LEDGER UNDERGROUP?
GANESH KUMAR KASHYAP (Private Job) (206 Points)
07 July 2015Dear Sir/Madam,
MR. ABC SUBMIT BILL OF RS. 15,000INR AGAINST PRINTING & ADVERTISING, BUT PAID OF RS. 7500INR BY ME & BALANCE 7500INR PAID BY THIRD PARTY, WHAT IS THE JOURNAL ENTRY? IF WE PAID, WHAT IS ENTRY?
& THIRD PARTY LEDGER UNDERGROUP?
sunita rana
(no)
(100 Points)
Replied 07 July 2015
EXPENSES 7500
TO ABC 7500
A)if paid by you whole amount
3RD PARTY 7500
ABC 7500
TO BANK 15000
CASE B:
IF YOU PAID YOUR PART
ABC 7500
To Bank 7500
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