Suppose B is the buyer and A is the seller. B again sells it to C. But C makes payment to A instead of B. How to adjust is in the accounts of B
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How to show payment
Replies (10)
Quick Summary
Which payment???
For adjustment purpose You can provide JV as below;
Purchase from A
Dr. Purchase a/c - XXXX
Cr. A a/c - XXXX
Sales to C
Dr . C a/c - XXXX
Cr. Sales a/c - XXXX
Journal Voucher for adjustment
Dr. A a/c - XXXX
Cr. C a/c - XXXX
Note:
For adjustment purpose these JV is possible...
But, As per accounting it's not advisable..
Purchase from A
Dr. Purchase a/c - XXXX
Cr. A a/c - XXXX
Sales to C
Dr . C a/c - XXXX
Cr. Sales a/c - XXXX
Journal Voucher for adjustment
Dr. A a/c - XXXX
Cr. C a/c - XXXX
Note:
For adjustment purpose these JV is possible...
But, As per accounting it's not advisable..
Sundry creditors
expense head dr.
name of the party cr.
bank credit.
expense head dr.
name of the party cr.
bank credit.
😇😇😇😇😇😇😇😇😇
Then Why You ask "Which payment???"...???
@ My Dear Great Mr Sabyasachi Mukherjee...
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
Then Why You ask "Which payment???"...???
@ My Dear Great Mr Sabyasachi Mukherjee...
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
Pass journal entry as said by Raja PM.
Wrong jv
put the narration.
put the narration.
You are Always Wrong...
&
You are Totally Wrong...
&
You are Totally Wrong...
Becoz you can read the heading lol
Hey Muttaal,
Now You put Your extraordinary replies in old queries also .
only for points.
being top of the leader board...
There is also a member in top...
So, You can't reach there...
Stupid
Now You put Your extraordinary replies in old queries also .
only for points.
being top of the leader board...
There is also a member in top...
So, You can't reach there...
Stupid
Make sure wrong payment goes to right account. Then change the ledger name
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