Paytm account

This query is : Resolved

sanjay (Querist)
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23 June 2019 Sir
I want to know that
Can amount be transferred from account to Paytm account of director of Pvt ltd co?
If yes then what entry should co do in its books.
Pl advise.
Regards

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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31 May 2020 Yes it is possible...........Entry depends on the transaction type.

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