Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


A has to pay to B Rs. 10000 but C pay pay Rs. 10000 to B on
behalf of A. What will be the journal entry in all the three
persons.



A has to pay to B Rs. 10000 but C pay pay Rs. 10000 to B on behalf of A. What will be the journal e..

Answer / sandip shelke

In the Book of C
A's Account Dr
To Bank/Cash A/c
(being Amount paid to A for payment of B Amount)

In the Book of B
Bank/Cash A/c Dr
To A's Account
(Being Amount Received from A )

In the Book of A
B's Account Dr
To C's Account
(Being Amount Received from C and Paid to B Behalf of A)

Is This Answer Correct ?    24 Yes 3 No

Post New Answer

More Accounting General Interview Questions

1- Can ledger make without journal?

1 Answers  


Tell me do you have any professional experience of this field?

0 Answers  


In accounting, vat abbreviates what?

0 Answers  


a proprieter company purchase a software what is the journal entry in tally ?

10 Answers  


9. Fixed Cost assumed to be $ 2,700. Variable Cost is $ 70 per unit. Selling Price is $ 100 per unit. What would be the Breakeven Point in Units?

1 Answers  


hi all I am new here, I would like to ask one question. when a company (MNC) is following more than one accounting principle then what are the areas we need to change in sap.

1 Answers  


What is ERP? Diff b/w Income & Expenditure a/c & P/L a/c? What is the fullform & the application of SAP? What is the reasons where Balance sheet will not tally?

0 Answers   Siemens,


consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000

0 Answers  


salary payable deduct tds entry

0 Answers   Matrix Adhesive Incorporation,


What are control ledgers?

0 Answers  


What will be entry for that: Busines strarted with brrowed cash Rs. 25000 from Mr. X. if capital will be creadit. ???????????????????????WHY????????????????

5 Answers   IAS,


How to make a vat entry in books including setoff?

0 Answers  


Categories