What is the accounting entry of import make payment in advancwe one month ago.
rajivsagarr (article) (42 Points)
17 September 2016rajivsagarr (article) (42 Points)
17 September 2016
V P Narasimhan
(Accounts Manager)
(791 Points)
Replied 21 September 2016
If you post the entry at the time of purchase say after a month how can the BRS will tally. Yu can treat it has advance paid to client's a/c
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