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)
Shaswat initial support private limited
Ahmedabad
CS
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T R SOOD & CO
New Delhi
CA Inter
View Details
Shyam Joshi & Associates
Pune
B.Com
View Details
CAclubindia
