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Bank account

This query is : Resolved 

24 February 2015 how to pass entry in tally if one company fund transfer from hdfc to another company bank axis bank. should i create another ledger of hdfc bank in second company for entry i.e. entry In second company will be axis bank a/c ( dr) hdfc bank a/c (cr) is this correct entry in second company?

24 February 2015 if 1 co is paying to another then its a loan payment

24 February 2015 you have to payment entry and debit to party account.




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