Please let me know the following two quaries in respect of High Seas Sales :-
1. At which date High Seas Purchase should be accounted in the books ? Whether it can be purchase inovice date or any other date later than purchase invoice date but before bill of entry date ?
2. At which date High Seas Sales should be accounted in the books ? Whether High seas Sales invoice date/ High Seas Agreement Date must be before the Bill of entry date?
CAclubindia
