Debit Note
This query is : Resolved
20 June 2010
sir
If sale is made in 2007 of Rs 100,000.00
and Rs.90,000.00 is received in that year. In 2009 when seller goes to customer for payment of Rs.10,000.00
They said that their Account Deptment Passed the bill only for Rs.90,000.00
Sir Tell me what will be journal entry for RS.10,100.00 in Year 2009 in the books of selling company.
If sale is made in 2007 of Rs 100,000.00
and Rs.90,000.00 is received in that year. In 2009 when seller goes to customer for payment of Rs.10,000.00
They said that their Account Deptment Passed the bill only for Rs.90,000.00
Sir Tell me what will be journal entry for RS.10,100.00 in Year 2009 in the books of selling company.
20 June 2010
It needs to written off as Bad debit
Dr: Bad Debit
Cr: Debtors
Dr: Bad Debit
Cr: Debtors
21 June 2010
Balance amount would be trasfered to bad debts A/c cerditing Debtors A/c
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