accounts
This query is : Resolved
Guest
Guest
(Querist)
23 July 2009
if i exports goods at dollar 17500 exchange rate is 49.25 per dollar and i gets the payment @50.25 per dollar then wht will be the entry
24 July 2009
1 Debtor 49.25
To Sales 49.25
(On booking sales)]
2 Bank dr 50.25
to debtor 49.25
to exchange gain 1
(On reciept of money)
3 Exchange gain 1
To P&L A/c 1
To Sales 49.25
(On booking sales)]
2 Bank dr 50.25
to debtor 49.25
to exchange gain 1
(On reciept of money)
3 Exchange gain 1
To P&L A/c 1
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
