date of entry
This query is : Resolved
21 June 2008
my client business of marbal& tiles etc.purchase from rajsthan purchase bill 28.03.08. purchase goods UP bordar cross 01.04.08 & entry in 31 form 01.04.08. purchase goods received 03.04.08.
accounting entry kis date me pass karege.pls tell me urgently
accounting entry kis date me pass karege.pls tell me urgently
21 June 2008
it depende upon accounting policy adopted by the client throughout the year.
if they record on receipt basis,then reord the purchase in f.y 08-09.
if they record on receipt basis,then reord the purchase in f.y 08-09.
21 June 2008
Record the transation on 28.03.08....but the closing stock should be adjusted with goods in trasit.....
26 June 2008
it depende upon accounting policy adopted by the client throughout the year.
if they record on receipt basis,then reord the purchase in financial year 08-09. or if they record when goods purchased then enter in financial years 07-08
if they record on receipt basis,then reord the purchase in financial year 08-09. or if they record when goods purchased then enter in financial years 07-08
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