Query related to Accounting entry
This query is : Resolved
01 May 2023
A debtor of my company did not pay me the dues so i issued a credit note to him to get GST refund. Now the question is as i have cash credit account in banks and is to provide stock sheet monthly basis to bank and the debtor did not return me the goods what entry i have to pass?
02 May 2023
Credit note can't be issued in such a case.
No refund of GST in this case.
Write off the debt.
No refund of GST in this case.
Write off the debt.
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