CA SHRIPAL LUNIYA
(CA, CS Final & M.Com)
(744 Points)
Replied 13 March 2011
CA SHRIPAL LUNIYA
(CA, CS Final & M.Com)
(744 Points)
Replied 13 March 2011
Then in cash of Credit Sales Accounting entry will made in 1st shop.
1. when goods sold to 2nd shop.
2nd Shop A/c Dr. xxxx
To Sales A/c xxxx
2. when payment received.
SBI Bank A/c Dr. xxxx
To 2nd Shop A/c xxxx
CA SHRIPAL LUNIYA
(CA, CS Final & M.Com)
(744 Points)
Replied 13 March 2011
nd in case of Cash Sales.
SBI Bank A/c Dr. xxxxx
To Sales A/c xxxxx
{Being cash sales made to 2nd Shop}
wht is the entry for
payment recd from a shop from b shop
since they hav the different a/c no in the same bank
b shop pay the money to a for goods purchase form him
just like a is the head office which suppy the good to b
and b sells the goods the gives the money to a for supply of goods
where a is the head office and b is it`s another part
CA SHRIPAL LUNIYA
(CA, CS Final & M.Com)
(744 Points)
Replied 13 March 2011
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961