About Freight Charges
This query is : Resolved
Murtaza I Bhagat
(Querist)
11 August 2009
Pls tell me on Cement Purchase
Payment of Excise and also Freight Charges
When we received a Credit note of Freight Charge,what we have to take that credit in our book of account ?
If this Credit Refundable or not ?
& what about credit note given by seller ?
pls help me in this confusion.
thanks for your advise
Payment of Excise and also Freight Charges
When we received a Credit note of Freight Charge,what we have to take that credit in our book of account ?
If this Credit Refundable or not ?
& what about credit note given by seller ?
pls help me in this confusion.
thanks for your advise
Vishnu Saboo
(Expert)
14 August 2009
if you have received credit note regarding freight, you have to reduce your expense account by debiting the party.
Murtaza I Bhagat
(Querist)
18 August 2009
Thank Arun
Do you show me the entry regarding this ?
Thanks onceagain
Do you show me the entry regarding this ?
Thanks onceagain
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