Debit note
This query is : Resolved
20 March 2014
Hi Experts
Mr A company has payment made incurred for expenses behalf of Mr B company.
how to entry pass in journal and payment
thanks advance.
Mr A company has payment made incurred for expenses behalf of Mr B company.
how to entry pass in journal and payment
thanks advance.
20 March 2014
In the books of Mr A
Mr B A/c Dr
To Bank A/c
(Being paid to ..... on behalf of Mr B)
In the books of Mr B
Expense/Vendor A/c Dr
To Mr A
(Being payment made by Mr A)
Mr B A/c Dr
To Bank A/c
(Being paid to ..... on behalf of Mr B)
In the books of Mr B
Expense/Vendor A/c Dr
To Mr A
(Being payment made by Mr A)
21 March 2014
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