TALLY ENTRY FOR GST PAID

ONE OF MY CLIENT PAID GST FOR HIS RELATIVES BUSINESS FROM HIS CURRENT ACCOUNT.

WHAT WILL BE ACCOUNTING TREATMENT/JOURNAL ENTRY IN TALLY?

 

Replies (1)
Payment entry in Client Books,
Account Receivable (Relative Account) Dr.
Bank Account Cr.

Journal Entry in Relative Books,
GST Payable Dr.
Account Payable (Client Account)

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register