Installment payment

This query is : Resolved 

05 January 2011 "x" Company paid Rs.10000/- to private Bankers towards monthly installment on behalf of Mr."Y".

Under which head it will be posted? Urgent

15 January 2011 This need to debit to Mr. Y account

15 January 2011 Head of accounts need to decide based on the relationship between Mr.X & Mr.Y


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