15 June 2012
dear experts, our transporter had short supplied of goods to our consignee around rs.35000/-. & we have already paid the freight amount(last f.y 2011-12) to our transporter now, the same amount is recoverable from the transporter for short supplied of goods. now what entry should be passed in this f.y(2012-13), shall we go with the transporter debit & credit the freight outwards a/c, if anything else , pls suggest thanks in advance Nitin
CAclubindia
