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Accounting urgent

roopa (b.com) (364 Points)

01 June 2017

Hello friends A,B,C are customers A sells to B A purchases from C now when B directly pay to C instead of A than how to show in books of accounts ?tally ?

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5 Replies

Piyush Tanwar (Assistant Manager - Accounts) (1432 Points)
Replied 01 June 2017

C - Dr

B - Cr

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sanndhya (student) (46 Points)
Replied 01 June 2017

can u please elaborate the entries step by step

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Praveen Kachhawa (Financial Accountant) (225 Points)
Replied 01 June 2017

Journal Entries In Books Of "A"

1. Purchase A/c Dr.

To "C"

2. B A/c Dr.

To Sales a/c

3. C Dr.

To B

Journal entries passed as above. But Please avoid third party transactions.

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 01 June 2017

Originally posted by : Praveen Kachhawa
	Journal Entries In Books Of "A"....... Journal entries passed as above. But Please avoid third party transactions.