Rebate or cash back

A/c entries 804 views 1 replies

Kindly let me know how to book the Rebate entry or Cash bank  Entry in book, as we have already paid the Rebate to the Party but the expenses is not yet booked

Replies (1)

its rebate expense account debit to 

customer account(debtor)

 

this is adjustment entry and I hope entry being already booked at tht time of sale

 

thanks


CCI Pro

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