For payment behalf on another company
This query is : Resolved
01 April 2016
sir I want to know what is the journal entry if we made payment on behalf of another company by credit card .
01 April 2016
Simply pass entry in the books of Company B (Payer)
Company A......................Dr
To Bank (Credit Card) A/c
Company A......................Dr
To Bank (Credit Card) A/c
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