Entry regarding old battery received from customer
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 August 2017
hi sir, iam doing battery business, when i sold the batteries to the customer ,the bill amount is deducted after old battery from customer, plz tell me the accounting entry for entire transaction.
07 September 2017
bank a/c-dr
old battery a/c-dr
to new battery a/c
or u can directly made the entry
bank a/c-dr
to battery a/c
old battery a/c-dr
to new battery a/c
or u can directly made the entry
bank a/c-dr
to battery a/c
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