Journal entry

Mr.A purchase goods form Mr.B of 2000000 now Mr. B told Mr. A Please pay 1000000 to me and remaining to his creditor Mr.C
Replies (1)

Entry for Payment

In the books of Mr.A,

Mr. B's A/c          Dr   2000000

      To Bank A/c                          1000000

      To Mr.C's A/c                         1000000

In the books of Mr B,

Bank A/c             Dr    1000000

Mr.C's A/c           Dr    1000000

       To Mr.A's A/c                       2000000

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