HI
CAN SOMEONE HELP ME WHITH THE JOURNAL ENTRY
PARTNER PAID BY CHEQUE TO SUPPLER AS ADVANCE MONEY FROM HIS PARTNER SUBSIDERY COMPANY
Menu
SUPPLIER PAYMNET BY PARTNER JOURNAL ENTRY
Replies (1)
Pass entry as follows
Advance to Supplier A/c Dr
To Subsidiary Company A/c Cr
( Advance to supplier from subsidari)
Subsidiary company under Sundry Creditors
when paid back to S.company
Subsidiary Company A/c Dr
To Bank A/c Cr
( return back to S.company )
Advance to Supplier A/c Dr
To Subsidiary Company A/c Cr
( Advance to supplier from subsidari)
Subsidiary company under Sundry Creditors
when paid back to S.company
Subsidiary Company A/c Dr
To Bank A/c Cr
( return back to S.company )
Recent Topics :
- Transport agency accounting entry in purchase &
- REGARDING HSN CODE FOR WASHING JOB CHARGES
- Advance Tax Due Date 2026
- Query – Interest on Capital Received by Part
- Query - Section 164(2)(a) – Interpretation o
- Submission for Expert Opinion on Rectification of
- NRI since March 2023 – resident savings acco
- My All-Time Top 15 Indian Web Series
- Wrong date of invoice
- Paper 6 - IBS
Related Topics :
CAclubindia
