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If We Paid 15000/- For Advertising Exp To XYZ Co,What IS The
Entry And In which Ledger It Entered? Is It Necessanry To Make
2nd Entry? Plz Discribe All.

Answer Posted / bhavna

Entry:

Advertising Exp. A/c Dr.
To XYZ Co. A/c


At the time of Payment :

XYZ A/c Co. A/c Dr.
To Cash/Bank A/c

Is This Answer Correct ?    18 Yes 1 No



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