How to account following entries
This query is : Resolved
09 March 2021
customer deposited excess cash against cash memo in bank, extra cash return to customer, then what are the entries in accounting books. Rs.100 cash memo, customer deposited Rs.110 in bank, Rs.10 cash return to customer
10 March 2021
You can create a head of advance cash received from customer.
Then show it effect by crediting it first when received & debit it second while paying back.
Then show it effect by crediting it first when received & debit it second while paying back.
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