arun (Director) (32 Points)
13 July 2011Dear Sir,
Please what will be the treatment for the following.
There were certains disputes with the party on the machinery supplied and the party has issued a credit note of Rs 5 lacs against the machinery cost of Rs 1 cr and how the same will be treated ?
Sumit Grover
(Chartered Accountant )
(3652 Points)
Replied 13 July 2011
i thnk d entry should be
SUPPLIER A/c Dr. 5L
To MACHINERY a/c 5L
plz correct me if m wrng
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
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