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When A pays to B of rs 500 on behalf of C pass the journal entry?

Updated: 4/28/2022

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∙ 10y ago

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(debit) A account 500

(Credit) C account 500

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∙ 10y ago

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Q: When A pays to B of rs 500 on behalf of C pass the journal entry?

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Continue Learning about Accounting

What journal entry when customer pays account?

[Debit] cash / bank [credit] accounts receivable

What is the journal entry for when a customer pays their account?

[Debit] cash / bank [credit] accounts receivable

What is the journal entry when a customer pays their account?

(Debit) Cash xxxx (Credit) Accounts receivable xxxx

What is the journal entry if a company pays the debts of another company?

Debit investment in other companyCredit cash / bank

What is the journal entry a company would record when it purchases equipment and pays cash?

[Debit] Equipment account [Credit] Cash / bank

Related questions

What journal entry when customer pays account?

[Debit] cash / bank [credit] accounts receivable

What journal entry happens when customer pays account?

Debit cash / bankCredit accounts receivable

What is the journal entry for when a customer pays their account?

[Debit] cash / bank [credit] accounts receivable

What is the journal entry when a customer pays their account?

(Debit) Cash xxxx (Credit) Accounts receivable xxxx

What does a buyer do When goods are shipped FOB destination and the seller pays the transportation charges?

makes no journal entry for the transportation

What is the journal entry if a company pays the debts of another company?

Debit investment in other companyCredit cash / bank

What is the journal entry a company would record when it purchases equipment and pays cash?

[Debit] Equipment account [Credit] Cash / bank

What is the journal entry when a company pays a utility bill using double entry accounting system?

[Debit] Utility bill account xxxx [Credit] Cash / bank account xxxx

What is the journal entry when the owner pays money from business to buy a truck?

[Debit] Truck account xxxx [Credit] Cash / bank xxxx

How do you do captcha entry?

You pay for a service that pays for people (cheap human resource) to pass the captcha tests. It is that simple.

When goods are shipped FOB destination and the seller pays the transportation charges what journal entry does the buyer make?

Journal entry in the books of the buyer: [Debit] Goods Purchased xxxx [Credit] Cash/bank xxxx As buyer has not paid the freight charges, he will only record the transaction with original goods purchased amount.

What is a billpayer?

A billpayer is a person who pays bills, especially someone who pays telephone bills, sometimes on behalf of someone else.

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