Provision account
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 July 2013
Dear sir,
2012-13 i purchase a material, but i have not booked, i considered this in provision account, but in 2013-14 april month this is rejected and sent back to party, now i debited to provision and where i crdited this one, direct material account ?
2012-13 i purchase a material, but i have not booked, i considered this in provision account, but in 2013-14 april month this is rejected and sent back to party, now i debited to provision and where i crdited this one, direct material account ?
14 July 2013
Your treatment is correct.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Sale of property furniture sale
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Applicability of Ind As to associate of associate
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Confusion around Form 26QB fields
- Last year input claim shown in gstr9
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
