Fastag
This query is : Resolved
24 August 2020
SIR
We are GTA Private Limited company and we recharge fastag by our bank and pay toll charges to the vehicles of sub-contractors by fastag. We are passing journal entries as,
While recharging fastag,
Dr Fastag
Cr Bank
at the time of toll payment,
Dr Sub-Contractor
Cr Fastag
Is it correct sir?
guide me plz
thanks in adv
We are GTA Private Limited company and we recharge fastag by our bank and pay toll charges to the vehicles of sub-contractors by fastag. We are passing journal entries as,
While recharging fastag,
Dr Fastag
Cr Bank
at the time of toll payment,
Dr Sub-Contractor
Cr Fastag
Is it correct sir?
guide me plz
thanks in adv
24 August 2020
Yes, it's right entry.
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