What entry to be passed
This query is : Resolved
15 June 2012
dear experts,
our transporter had short supplied of goods to our consignee around rs.35000/-. & we have already paid the freight amount(last f.y 2011-12) to our transporter now, the same amount is recoverable from the transporter for short supplied of goods.
now what entry should be passed in this f.y(2012-13),
shall we go with the transporter debit & credit the freight outwards a/c,
if anything else , pls suggest
thanks in advance
Nitin
our transporter had short supplied of goods to our consignee around rs.35000/-. & we have already paid the freight amount(last f.y 2011-12) to our transporter now, the same amount is recoverable from the transporter for short supplied of goods.
now what entry should be passed in this f.y(2012-13),
shall we go with the transporter debit & credit the freight outwards a/c,
if anything else , pls suggest
thanks in advance
Nitin
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