Liquidated damages
This query is : Resolved
Guest
Guest
(Querist)
22 November 2011
Hi Friends,
My Doubt is,
Treatment (In the Books of Accounts) of (any) Amount Deducted from the Sale Value by the Debtor for the reason of violating the Terms & Conditions of a Purchase Order(issued by the Debtor).
My Doubt is,
Treatment (In the Books of Accounts) of (any) Amount Deducted from the Sale Value by the Debtor for the reason of violating the Terms & Conditions of a Purchase Order(issued by the Debtor).
22 November 2011
Need to be account as expenses only. can be created separate head and debit
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