Paid to Urmila Rs.20,000 on behalf of Sharmila journal entry




 Paid to Urmila Rs.20,000 on behalf of Sharmila journal entry

In the books of Mr. Anand.

DATE 

PARTICULARS 

L/F 

DEBIT 

CREDIT

30 

Sharmila A/c Dr. 

          To Cash A/c  

[Being cash paid to Urmila on behalf to Sharmila] 

 

20,000 

 

20,000


Paid to Urmila Rs.20,000 on behalf of Sharmila: Sharmila is receiving the cash on behalf of Urmila therefore sharmila account is debited to debit side and proprietor is paying cash therefore Cash account is credited to credit side [Refer personal account Formula].


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