How to account

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

04 December 2010 There is a garment Company, which undertook orders from the foreign client.
Based on customer order the company purchase the raw material say No. 10000 mts. but later customer requested to 2000mts and redy to reimburse the balance of 8000mts amount.
The question is How to account the recovered amount from the customer ( Assuming that the unutilised goods of 8000mts is not going to return to customer it is company property)

Can any one help me in this matter.

Thanks & Regards

Abishek Thakur

BHAI(SAI) DUPARE

BHAI(SAI) DUPARE (Expert)
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04 December 2010 make rejection inward entry.

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