Dear Sir
We have a two business firms.firm a issue a cheque to firm B for some need. please suggest in tally firm a in which group crate the ladger for B
and same for B in which group create the ledger for Firm a
Menu
NAME OF THE GROUP
Replies (2)
Quick Summary
In the books if firm A
B's Ledger A/c under Loan and Advances
In the books of firm B
A's Ledger A/c under Current Liabilities
B's Ledger A/c under Loan and Advances
In the books of firm B
A's Ledger A/c under Current Liabilities
For A, Loans and advances
For B, Unsecured Loans
For B, Unsecured Loans
Recent Topics :
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
Related Topics :
CAclubindia
