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
Amit J Chauhan (cachauhanamit@ymail.com) (49 Points)
06 August 2012Kindly 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
Vineet
(Assistant Manager)
(140 Points)
Replied 18 August 2012
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
CAclubindia
