banner_ad

A incurs an expense on behalf of B

2501 views 2 replies
Hi all,

could you please pass the correct journal entries for Below transaction on A B & C's books.

A Pays rent to C on behalf of B
Replies (2)
In A books:
B a/c Dr.
To Bank/ Cash.
(Being rent paid to C on behalf of B)

In B books

Rent Expense A/c Dr.
To A a/c
(Being rent paid by A)

In C books

Bank/ Cash Dr.
To Rental Income
(Being rental Income recognised)
Thank you so much


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details