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company office interior work payment paid by MD on his
personal account what is entry in company accounts book & md
personal a/c book?
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Answer Posted / rakesh verma
In the books of Company:
Furnitures & Fixtures A/c Dr.
To Managing Director A/c Cr.
In the books of Managing Director:
Company A/c Dr.
To Bank A/c Cr.
| Is This Answer Correct ? | 2 Yes | 1 No |
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