About Freight Charges

This query is : Resolved 

11 August 2009 Pls tell me on Cement Purchase
Payment of Excise and also Freight Charges
When we received a Credit note of Freight Charge,what we have to take that credit in our book of account ?
If this Credit Refundable or not ?
& what about credit note given by seller ?
pls help me in this confusion.
thanks for your advise

14 August 2009 if you have received credit note regarding freight, you have to reduce your expense account by debiting the party.

18 August 2009 Thank Arun
Do you show me the entry regarding this ?

Thanks onceagain




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries