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(Querist)
07 December 2011 what the entry we do this

received an order from mohan for the supply of goods worth rs. 100000.In this connection we received 10% as advance
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
07 December 2011 Credit Mohan and Debit Bank as mentioned advance against supply
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
07 December 2011 Yes,
Bank Dr.
to Party Account
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Abhishek Ranjan Singh

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Abhishek Ranjan Singh (Expert)
07 December 2011 Bank/Cash A/c Dr. 10000
To Mohan Cr. 10000

Naration: Rs. 10000 received as 10%
advance against order for supply of goods

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