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03 June 2011 above 20000 y should not make payments in cash. v have iob-od a/c in hyd iob ca in bagalore while v r transfering amount from hyd iob to bangalore iob can v take it as contra entry or else v have to pass payment.
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Ashok Asthana

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Ashok Asthana (Expert)
03 June 2011 Pass journal entry. Since you are transferring within the Company it can not amount to payment.

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