As-11
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 May 2012
we have import a machinery on 22-4-2012
but payment made in advance i.e. on 19-4-2012
whether any treatment is required
but payment made in advance i.e. on 19-4-2012
whether any treatment is required
CA CS Amit S. Kedia
(Expert)
22 May 2012
Advance for machinery Dr
To Bank
Machinery A/c Dr
To Advance for machinery
first entry will be passed on 19/04/2012 and second entry will be passed on 22/04/2012 and exchange difference if any, arises will go to P&L A/c.
Advance for machinery Dr
To Bank
Machinery A/c Dr
To Advance for machinery
first entry will be passed on 19/04/2012 and second entry will be passed on 22/04/2012 and exchange difference if any, arises will go to P&L A/c.
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