Cash basis method

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mohit garf (Querist)
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31 July 2014 where and how to record journal entry for credit sales and credit purchase if method followed cash basis

CS,CA F,Numrologi TusharSampat (Expert)
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31 July 2014 they are recorded when payment is made or recieved.

Vishnu Saboo (Expert)
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01 August 2014 in cash basis method you have to record it only when cash received/paid.

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