Saving bank
This query is : Resolved
14 March 2024
Sir,
Purchase is made through Saving & Payment is done by UPI & total of debit side saving a/c-16 lacs
Now how can treat this transaction in account books of Proprietorship firm.
Thanks..
Purchase is made through Saving & Payment is done by UPI & total of debit side saving a/c-16 lacs
Now how can treat this transaction in account books of Proprietorship firm.
Thanks..
14 March 2024
Debit purchase account and credit prop capital account.
18 March 2024
Sir, As your answer Purchase Made dr but this transaction is non GST.Each transaction under 5000/- No any bill received from seller then how can disclose in books of accounts.
18 March 2024
Such a small payment prepare your voucher and account it bill not required if not available.
18 March 2024
Clear Thank you....................
18 March 2024
You are welcome..
..
..
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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 Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
