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Fastag

This query is : Resolved 
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(Querist)
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
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 August 2020 Yes, it's right entry.
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