Transfer of money from bank a/c
Querist : Anonymous
I have received some amount (more than 20000) from my freind (Let A) though by bank. Firstly my freind (A) transfer amount to his freind a/c (Let B), then his freind B transfer it to me.
Now can I directly return the money to my freind A's a/c or I hav to transfer it to his freind B then B make transfer it to A.
Suggest......
Querist : Anonymous
If u have recorded in the books the amount is received from A then pay to A directly otherwise not though the first transaction is not correct accounting.
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