How to make adjustment of Petrol waiver in credit card

This query is : Resolved 

14 December 2022 how to make adjustment of petrol waiver in credit card and how to make journal entry in the case of Individual Business

14 December 2022 Credit the same against the charges levied along with petrol. Its just refund of the same amount charged earlier.

15 December 2022 Sir ,
My question is that
Petrol surcharge waiver can be reduced from petrol expenses
or Book it separate as income


15 December 2022 It is to be reduced from the surcharge levied over petrol.
Net petrol expenses will not be reduced.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries