Recording of transaction
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 September 2013
Hello Dear,
I have query i.e. when to record goods purchase transaction in books of accounts and what should be basis of recording.
Thanks
I have query i.e. when to record goods purchase transaction in books of accounts and what should be basis of recording.
Thanks
Ganeshbabu K
(Expert)
19 September 2013
Purchases can be recognised when all risks rewards incedental to ownership of goods transfered to you from your suppliers
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