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Fees professional

This query is : Resolved 
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(Querist)
11 January 2023 What is accounting entry at the time of rasing a invoice and receipt in bank
Fees 100000 and gst is 18%
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 January 2023 At the time of raising invoice debit debtors and credit sales.
At the time of receipt debit bank and credit debtors.
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Zafar Jahagirdar

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Zafar Jahagirdar (Querist)
12 January 2023 What is entry with gst
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 January 2023 At the time of raising invoice for GST, credit GST payable debit debtors.
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Zafar Jahagirdar

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Zafar Jahagirdar (Querist)
16 January 2023 What is full entry done
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
16 January 2023 Debit debtors (invoice value)
credit sales (sale value exclusive of GST)
and credit GST payable (GST).
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