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Please let me know the journal entry for the below. "A" paid
Rs.100 to "C" on behalf of "B"?
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Answer / anil kumar tomer
in the books of A
B A/C DR 100
TO BANK /CASH A/C
(BEING THE AMT PAID TO C ON BEHALF OF B)
IN THE BOOKS OF B
C A/C DR 100
TO A A/C CR 100
(BEING THE AMT IS PAID TO C BY A)
in the books of c
bank / cash a/c dr 100
to b a/c cr 100
(being the amt is received from a on behalf of b)
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / anil kumar tomer
entry will be
c a/c dr 100
to bank / cash a/c 100
being the amt is paid to c on behalf of b
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / rajesh
Hai, Here u go
Dr "C" 100
Cr " B" 100
Narration: This amount paid by "A" on behalf of "B"
| Is This Answer Correct ? | 5 Yes | 6 No |
Answer / poornima
entry will be
c a/c dr 100
by A a/c 100
(being C A/C debited where C A/C is receivable and A A/C
credited where A A/C is giver)
| Is This Answer Correct ? | 0 Yes | 3 No |
Answer / toufik
if we make entry in A books of account then
B a/c Dr. 100.00
To cash a/c 100.00
(paid to c on behalf of b)
| Is This Answer Correct ? | 1 Yes | 5 No |
Answer / intezar ahmed
In the Books of 'A'
B A/c Dr. 100.00
To C A/c 100.00
(Being Amt Paid to C on behalf of 'B')
| Is This Answer Correct ? | 0 Yes | 4 No |
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