journal entries

[aolivet]

if I have a sales booked in 1 company (A) in cash, and I want to have that sales booked in other company (B) of the same group. What would be the JE's I have to do in company A and B?

 

[accounting nerd]

Is this a reclassifying entry to move the sales transaction from one company to the other?

 

[cashikha]

if I have a sales booked in 1 company (A) in cash, and I want to have that sales booked in other company (B) of the same group. What would be the JE's I have to do in company A and B?

Sales Dr.
To co. B.

Co. B Dr.
To cash.