What is the Journal Entry if "Office Expenses" of Company A
is being made by Company B on behalf of Company A?

Answer Posted / raturivikas

In the books of company A

office expenses Dr.
To Company B

In the books of company B

Company A Dr.
To Cash/Bank

Is This Answer Correct ?    3 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how can i make configration relation with inflation in sap

1463


explain Dual entry concept

1513


Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations

1713


what is a Depository Participant?

2586


if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?

1518






What type of Questions are asked for Interview in Infosys - Financial Process. Any one who is into Research Analyst or Process Executive role, kindly contribute the Questions faced by you?

1780


can any one send me payables real time scenarious or any projects

1648


let me know the difference between net cash flow and income

1775


duties of bank finance manager

1783


difference between contra entry and double entry?

2573


With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?

1957


How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?

1734


cost accounting process

1527


Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com

1552


My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?

1645