Accounts

This query is : Resolved 

18 February 2012 Dear sir,

i book income of commission in my books 500$ @54.00 now today i got from that party payment of 500$ @ 50.00,than how pass my entry in tally of difference amount Rs.2000/- eschange rate loss

19 February 2012 Bank - Rs. 25000 Dr.
Foreign exchange loss - Rs. 2000 Dr.
.. .. To Party A/c - Rs. 27000 Cr.

20 February 2012 this loss i got less in P&L a/c




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