Discount allowed with gst how to pass journal entries


This query is : Open 

(Querist)
10 October 2018 sir, we have paid discount allowed to party="A' Rs :1500/- how to pass journal entry with gst


Read more at: https://www.caclubindia.com/forum/discount-487877.asp?offset=1

RAJA P M (Expert)
11 October 2018 Prepare "Discount Allowed" under "Indirect Expenses"... Dr. Discount Allowed - Rs. 1500 Cr. Party A/c - Rs. 1500...


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