What is the treatment in Npo if Postage Is given
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 January 2011
What is the treatment in Npo if opening balance and closing balance of stamps given in Receipt and payment account and expenses of postage given in payment side of Receipt and payment account.
E.g.
Receipts Payment
To b/d Postage exp Rs.1000
stamps Rs.50 By c/d
Stamps Rs.20
Please give me the solution and reason because in book the solution is not understandable.
E.g.
Receipts Payment
To b/d Postage exp Rs.1000
stamps Rs.50 By c/d
Stamps Rs.20
Please give me the solution and reason because in book the solution is not understandable.
17 January 2011
Your question is not clear. Can you please post the question and solution from the book, so that I can explain.
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