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Thread: Paying Suppliers from a Pvt person on behalf of bussiness

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    Paying Suppliers from a Pvt person on behalf of bussiness

    I have a supplier invoice that was paid by somebody outside the bussiness. I did credit the Loan account of this person and contra account the stock. How do I pay the supplier as I cannon do a Journal to a supplier.
    I am new to this.

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    Junior Member cagenuts's Avatar
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    You should of debited the supplier account and credited the loan account.

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