Bank entry
This query is : Resolved
26 February 2015
sir, humlog ka do company hai dono company ka alag alag bank account hai agar pehli company mein dusri company sey fund transfer hota hai toh kya tally mein receving dikhaney key liye pehli wali company mein naya bank ledger create karna hoga ??
27 February 2015
No.
Journal entries can be passed.
Eg.
If amount is received by Company A from Company B, then entry in the books of Company A will be
Bank account(of campany A) Dr.
To Company B.
and entry in the books of company B will be
Company A A/c Dr.
To Bank Account (of Company B)
Journal entries can be passed.
Eg.
If amount is received by Company A from Company B, then entry in the books of Company A will be
Bank account(of campany A) Dr.
To Company B.
and entry in the books of company B will be
Company A A/c Dr.
To Bank Account (of Company B)
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