Duplicate payment received
This query is : Resolved
24 May 2016
Assume that we have received Rs.10000 duplicate payment from our customer and we have inform them regarding duplicate payment and they may be Reduce/Adjust this duplicate payment in forthcoming payment. In such case where we put this amount in our books. Please advise on the same.
Thanks in advance
Regards,
Shrinivas.
Thanks in advance
Regards,
Shrinivas.
CA R SEETHARAMAN
(Expert)
24 May 2016
Either you can show credit balance in sundry debtors ac or show it in liability ac separately.
Message likes :
1 times
Rupesh Jain
(Expert)
24 May 2016
you can remain the bal in this a/c or tfr the in a/c advance from customer.
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1 times
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