How to made entries in tally for donations received in kind. Example. Mr. Suresh paid 10 bags of cement to school for construction work going on. 4 tanker of water sent .
4 Replies
prasad Nilugal
(3924 Points)
Replied 18 October 2020
@ Zishan - This is Donation given without money ,No purchase made by school nither sale .
Kutub Hamid
(118 Points)
Replied 24 October 2020
If mr. suresh ask you for a receipt of the same, then u may have to lookout for the monetary value of the product given and then the case of entry arrives
If he is not asking for any receipt of donation then nothing.
If he is not asking for any receipt of donation then nothing.
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