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CREDIT NOTE FOR FREIGHT ON GOODS RETURNED

This query is : Resolved 

15 November 2019 SIR,
I SOLD GOODS TO PARTY ON TO PAY BASIS.
THEY RETURNED SOME AND SENT ME A DEBIT NOTE
AND NOW THEY ARE HOLDING ON THE FRIEGHT AMOUNT
AND I WAS ASKED TO MAKE A CREDIT NOTE FOR FRIEGHT
WHAT SHOULD BE THE ENTRY IN TALLY

15 November 2019 At the time of sales you are supposed to pass the following entry.

Customer account Debit
Sales credit ( Basic amount) Credit
GST Credit
Forwarding charges recovery ( income) Credit

Now you are reversing freight recovery by raising CN
Forwarding charges recovery Debit
Customer Credit



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