Purchase & sale from same party
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 April 2013
I have purchased goods of Rs500000/ from a party on credit after paying Vat @4% on 25-8-2012. On 25-9-2012 I have sold goods of RS550000/ to same party incloding Vat of 4%. Since I HAVE TO MAKE PAYMENT TO THE PARTY CAN I ADUST THE PAYMENT WITH PAYMENT I WILL RECEIVE. HOW I HAVE TO MAKE THE ENTRY. Please help me immediately.
06 April 2013
I answered to your another same query please saw that.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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