02 March 2011
DEAR SIR I PAID TO ONE SUPPLIER RS.50,000/- 2010 AND I WILL GET INVOICE ON MAY-10 ONLY. NOW I WANT TO PREPARE TRIAL BALANCE FOR 31-MAR-10. HOW I WILL ADJUST THIS AMOUNT ON 31/03/11 WHAT ARE THE ENTRIES I HAVE TO PASS ON 31/12/11. PLEASE HELP ME.
04 March 2011
DEAR SIR please help me (very urgent) WE HAVE ONE PROJECT AND EXPENSES OF THAT PROJECT 50,000/- AND WE RECEIVED FROM THE CUSTOMER 55,000/- ENTRY(2007) CUSTOMER DR 55,000/- TO PROJECT INCOME 55,000/- (A/C CLOSED) (On 2010) NOW THE PROBLEM WE HAVE TO CONTINUE THE SAME PROJECT ON 2010 AND WE WILL GET THE 2007 INCOME (55,000/-) FROM ANOTHER CUSTOMER. (CUSTOMER CHANGED) SO WE WANT TO RETURN FIRST CUSTOMER CASH. PLEASE GIVE ME THE ENTRY ALSO HOW IT WILL AFFECT IN 2007 EXPENSES (50,000/-). PLEASE GIVE ME THE ENTRY. THANK YOU
CAclubindia
