Provision account
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 July 2013
Dear sir,
2012-13 i purchase a material, but i have not booked, i considered this in provision account, but in 2013-14 april month this is rejected and sent back to party, now i debited to provision and where i crdited this one, direct material account ?
2012-13 i purchase a material, but i have not booked, i considered this in provision account, but in 2013-14 april month this is rejected and sent back to party, now i debited to provision and where i crdited this one, direct material account ?
14 July 2013
Your treatment is correct.
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