Transaction entry
This query is : Resolved
03 April 2014
Inter company transaction entry
company A recived 50,000 from company b.
company b comes under which account -current liability ?
company A comes under which account - in the books of b ?
company A recived 50,000 from company b.
company b comes under which account -current liability ?
company A comes under which account - in the books of b ?
RM BOTHARA
(Querist)
03 April 2014
my client had registered madrasa under wakf board. now he wants to get 80g registration. what is the procedure to get 80g registration.
Rupesh Jain
(Expert)
03 April 2014
firstly see why A company receive money from B.
if take as loan
then in A show as unsecured loan
in B loan & advances
if for purchases of material then
in A received from, custoemrs
in B advance to supplier for goods.
if take as loan
then in A show as unsecured loan
in B loan & advances
if for purchases of material then
in A received from, custoemrs
in B advance to supplier for goods.
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