accounting for Scarp/rubbish sale
This query is : Resolved
17 November 2008
Hi Friends,
please clear my doubt
for a 100% EOU company manufacturers of some machines want to sell the waste materials of woods, marbles & rubbish items which they used for constructing their plant.
do they need to raise a sale invoice and book it under other income or .....
please give the correct way of accounting
please clear my doubt
for a 100% EOU company manufacturers of some machines want to sell the waste materials of woods, marbles & rubbish items which they used for constructing their plant.
do they need to raise a sale invoice and book it under other income or .....
please give the correct way of accounting
17 November 2008
YES
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