credit note related accounting entry
This query is : Open
Archit Gupta
(Querist)
16 September 2016
Dear sir /ma'm
I am super stockist of bikano chips pvt Ltd. Bikano company instruct me to pay salary of a company boy.. And against this company issued a credit note to me.... Pls suggest me what will be the accounting entry in double accounting system.
CA ALOK KUMAR
(Expert)
17 September 2016
Booking of Salary
Salary on behalf of client - Dr
To Employee name
Payment to Employee
Employee Name - Dr.
To Bank
Credit note
Bikano - Dr.
To Salary on behalf of client
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CA ALOK KUMAR
(Expert)
17 September 2016
You may change Ledger name as per your choice
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