Adjustment of payment entry

RituR (Accountant) (35 Points)

19 April 2017  
Suppose, there are three parties-
1.A
2.B
3.C

'A' makes a sale invoice against 'B'.
'B' did payment against that invoice to another party e.g. 'C'
then 'C' return that payment to 'A'.

Now the question is arise that how they will show this transaction in their accounting books?