Credit note to customer
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 March 2011
What should be the entry for following cases-
1.Credit note issued to customer
2.Provision for credit note
Please reply.
What should be the entry for following cases-
1.Credit note issued to customer
2.Provision for credit note
Please reply.
14 March 2011
Suppose the credit note is to be issued for discount to customer :
1> Discount Allowed A/c Dr.
To Customer's A/c Cr.
On making provision :
2> Discount allowed A/c Dr.
To Provision for Discount Allowed A/c Cr.
1> Discount Allowed A/c Dr.
To Customer's A/c Cr.
On making provision :
2> Discount allowed A/c Dr.
To Provision for Discount Allowed A/c Cr.
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
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Inventory of finished goods
- TDR receipts for agreement holder
- Sale of property furniture sale
- GST APPLICABILITY ON POLLUTION CHECK SERVICE
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Company Incorporation - CA and directors signing from different states
- JOB WORK ITC 04
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- Point (III) 9 of GSTR-9C
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
Trending Online Classes
CAclubindia
