• Answer of this question

    There is a bill the amount of bill is7760 but I am paid the amount of
    Maninder's image
    Maninder

    Hi Nikhil

    There Can be 2 Cases

    1.Bill Amount is of 7760,Payment is of 7450,Bal you will pay later

    Exp Dr 7760

    To Party  7760

     

    Party Dr  7450

      To Bank   7450

     

    2. Bill Amount is of 7760,Payment is of 7450,Bal you will do not want to pay 

    Exp Dr 7450

    To Party  7450

     Here you book expense of net amount

     

    Party Dr  7450

      To Bank   7450


    Written on June 2, 2017, 4:32 p.m.