journal entry

This query is : Resolved 

26 March 2010 we have to firms A & Z for two borthers respectively on a same location.
By mistake purchase of A-firm was entered in Z-firm and vat return was filed.
now we have to file revised return of both the firm A & Z, instead...
Q. can we without filing revised return adjust a journal enter between the two firms, if yes plz mention wt would be the entry.

26 March 2010 If u dont file the revised return and rectify your books accordingly how will u explain the difference at the time of VAT audit?

26 March 2010 Revised return only advisable




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