Fixed asset purchased returned
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 May 2018
sir,
I purchased 2 laptops on amazon and made bank payment.I returned 1 laptop and got refund for it.how do i record the return of laptop purchased.
I purchased 2 laptops on amazon and made bank payment.I returned 1 laptop and got refund for it.how do i record the return of laptop purchased.
Guest
Guest
(Expert)
09 May 2018
Seller A/c Dr.
To Bank A/c
(being amount paid as advance against purchase order of 2 laptops.)
Bank A/c Dr.
Laptop A/c Dr.
To Seller A/c
(being one laptop capitalised, another laptop returned and balance amount received as refund.)
To Bank A/c
(being amount paid as advance against purchase order of 2 laptops.)
Bank A/c Dr.
Laptop A/c Dr.
To Seller A/c
(being one laptop capitalised, another laptop returned and balance amount received as refund.)
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