Fees professional

This query is : Resolved 

11 January 2023 What is accounting entry at the time of rasing a invoice and receipt in bank
Fees 100000 and gst is 18%

12 January 2023 At the time of raising invoice debit debtors and credit sales.
At the time of receipt debit bank and credit debtors.

12 January 2023 What is entry with gst


12 January 2023 At the time of raising invoice for GST, credit GST payable debit debtors.

16 January 2023 What is full entry done

16 January 2023 Debit debtors (invoice value)
credit sales (sale value exclusive of GST)
and credit GST payable (GST).



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