Payment to od accounts
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 September 2012
If i paid to my OD Loan account through bank transaction which entry i need to Pass either Contra or Payment.
Note:- Transaction is Bank a/c to Bank loan a/c but i am clearing my loan.
Note:- Transaction is Bank a/c to Bank loan a/c but i am clearing my loan.
22 September 2012
bank od a/c dr.
to bank a/c (from which payment has been made)
to bank a/c (from which payment has been made)
22 September 2012
Yes, You Can Make This as Contra .
Since OD Also a Bank Account.
Since OD Also a Bank Account.
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