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Accounting urgent
Hello friends
A,B,C are customers
A sells to B
A purchases from C
now when B directly pay to C instead of A
than how to show in books of accounts ?tally ?
Replies (5)
C - Dr
B - Cr
can u please elaborate the entries step by step
Journal Entries In Books Of "A"
1. Purchase A/c Dr.
To "C"
2. B A/c Dr.
To Sales a/c
3. C Dr.
To B
Journal entries passed as above. But Please avoid third party transactions.
| Originally posted by : Praveen Kachhawa | ||
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Journal Entries In Books Of "A"....... Journal entries passed as above. But Please avoid third party transactions. |
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accepted Praveen Kachhawa...
thanks too all for replies .thanks preaveen
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