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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.
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Answer Posted / 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 |
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