For payment behalf on another company

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Rakesh Sahu (Querist)
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01 April 2016 sir I want to know what is the journal entry if we made payment on behalf of another company by credit card .

CA.Sourabh Sethia (Expert)
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01 April 2016 Simply pass entry in the books of Company B (Payer)

Company A......................Dr
To Bank (Credit Card) A/c

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