rectification of error
This query is : Resolved
22 December 2010
hi all
i have passed last year discount received entry for outstading of supplier, but if i want to pay him against that bills for which i have passed entry of discount, what will be the new entry.
kindly guide.
i have passed last year discount received entry for outstading of supplier, but if i want to pay him against that bills for which i have passed entry of discount, what will be the new entry.
kindly guide.
22 December 2010
Prifit & loss a/c Dr
To vendor a/c
Vendor a/c Dr
To Bank/Cash A/c
To vendor a/c
Vendor a/c Dr
To Bank/Cash A/c
Message likes :
1 times
22 December 2010
vendor Dr
Bank Cr
Discount received will be the income so it will parked into P&L
Bank Cr
Discount received will be the income so it will parked into P&L
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
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Import license renewal
- GST ON EXPORT COMMISSION
- Inventory of finished goods
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
