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.
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.
You should of debited the supplier account and credited the loan account.
Did you like this article? Share it with your favourite social network.