shila indrale (accountant) (30 Points)
14 December 2015
jaya krishna
(Chartered Accountant)
(262 Points)
Replied 14 December 2015
REPAIRS A/C DR
TO PARTY NAME A/C
AT THE TIME OF PAYMENT
PARTY NAME A/C DR
TO CASH/BANK A/C
shila indrale
(accountant)
(30 Points)
Replied 14 December 2015
It is a payment and bill book entry. but my question is for provision,
shila indrale
(accountant)
(30 Points)
Replied 14 December 2015
It is a payment and bill book entry. but my question is for provision,
jaya krishna
(Chartered Accountant)
(262 Points)
Replied 14 December 2015
As you have received the bill, the liability has already been conformed so, why do you want to pass provision entry. Record it as an expense.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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