Accounting standard
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 August 2011
whether,i can show my net sales(sales less discount)it is valid according to accounting standard
24 August 2011
Sales can be shown as Sales Less Trade Discounts.
24 August 2011
yes. incase trade discount can be account net of the discount.
24 August 2011
Trade discount should be less in sales.
cash discount will be show separately.
Trade discount should be less in sales.
cash discount will be show separately.
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