If a paid to b rs.1000 on behalf of c what is the entries in
The books of a,b,c pls pass the entries
Answer Posted / saurabh malik
In the books of A:
B A/c Dr. 1000
To Cash A/c 1000
(Being cash paid to B)
--------------------
C A/c Dr. 1000
To B A/c 1000
(Being paid to B on behalf of C)
--------------------
In the books of B:
Cash A/c Dr. 1000
To A A/c 1000
(Being cash received from A)
------------------------
A A/c Dr. 1000
To C A/c 1000
(Being paid by A on behalf of C)
------------------------
In the books of C:
B A/c Dr. 1000
To A A/c 1000
(Being B paid by A)
Is This Answer Correct ? | 52 Yes | 27 No |
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