14 January 2015
Dear sir, I want to know about a adjustment entry. sir my party was creditor to Rs. 10000/- but I paid to exp. on that behalf. then I want pass a entry against the party. this entry is right or wrong. party a/c dr. 10000/- to exp. a/c cr. 10000/- and exp. a/c dr. 10000/- to cash cr. 10000/- please tell me about what should I do about this entry.