Respected,
I am accountant, i am glad to learn from you that in my company we are selling bathroom hygiene management product for which customer require material in order to use hygiene product which our company supply free to use basis so how to account it as it is not sale. Further we are branch office and our Head Office also supplying same product to us free of cost in order to serve customer.
Sub Total 42,120.00
CST 2% "C" Form 842.00
COURIER CHARGES 1,600.00
2% CST ON FREIGHT 32.00
________
Total 44,594.00
________
Please give the Journal Entrie to be passed in the above mentioned situation.
Thanks & Regards
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DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Entry of free to use material given