Voucher entry

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1 Points Joined August 2019
what is entry of cash scrab sales.
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On 18 January 2021 at 00:14 Report
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Chartered Accountant
86505 Points Joined April 2011
Cash A/c Dr.
To Scrap Sales
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On 18 January 2021 at 01:04
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31 Points Joined April 2018
Hii Lakhan Sir.

The entries would be.

1. If TCS provisions not applicable:-

Cash dr.
to Scrap Sales.

2. If TCS applicable:-

Cash dr.( Sale value + TCS)
to scrap sales(Sale value)
to TCS(TCS collected on sale value).
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On 18 January 2021 at 08:09
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Chartered Accountant
24588 Points Joined November 2019
Cash a/c dr
to scrap sales
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On 18 January 2021 at 10:02


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