If the company can purchased machines for a company use they have paid in advance 500000 for the party............what will be the entry?
and which accounts group it have to come?
Answers!
You can Pass entry
Party Dr
To Bank
It is a payment entry in Tally
Put Party under Loans and Advances (Asset)
Comment
Answer the question...
You can Pass entry
Party Dr
To Bank
It is a payment entry in Tally
Put Party under Loans and Advances (Asset)
Comment