Journal entry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 February 2012
what is the journal entry for shortage of goods in transit (when we are transporting goods from factory to purchaser premises )?
thanks in advance
thanks in advance
16 February 2012
Sale Entry
Debtor A/c Dr 100 units
To Sales 100 units
Loss Entry
Transporter Dr 2 units
To Debtor 2 units
Debtor A/c Dr 100 units
To Sales 100 units
Loss Entry
Transporter Dr 2 units
To Debtor 2 units
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