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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 Posted / mohd kadir
than the entry will be
B a/c Dr for Rs 100/-
And C a/c Cr for Rs 100/-
because you are asking for journal entry according to this
journal entry the liabilities of party b has been end and
the liabilities of c has been arise than now we can pay
C a/c Dr 100/-
Cash 100/-
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