Treatment of my following queries
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 July 2010
Sir i want 2 know the treatment n how to present following facts. 1. We have purchased some assets in earlier years n paying less to the party therefore should we credit to fixed or to balance written back.
2. Sales return of part years to be show reparetly or deducted from that specific items and same in case of purchase returns
2. Sales return of part years to be show reparetly or deducted from that specific items and same in case of purchase returns
25 July 2010
treat the balance as discount..
sales return may be shown in the sales a/c net of vat if applicable!
sales return may be shown in the sales a/c net of vat if applicable!
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