Rejection of material
This query is : Resolved
31 May 2014
We are a manufacturer and sometimes the rejected material is destroyed at our customers place or they give us a debit note for any quality issue. What entry should be passed for this and what account shall be debited like sales difference or rejection or any other.
31 May 2014
you can book debit note under the TRade discount
trade discount a/c
to Customer a/c
trade discount a/c
to Customer a/c
31 May 2014
you can book debit note under the TRade discount
trade discount a/c
to Customer a/c
trade discount a/c
to Customer a/c
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