Accounting entries single or multi

138 views 1 replies
A gst registered composite scheme dealer sales to customers per day details mentioned from Google pay and phone pay mode received.
sales to customers Rs:1000/-
sales to customers Rs:500/-
sales to customers Rs:800/-
sales to customers Rs:1000/-
Question:
Dealer accounting entries passed in books single entry or multi entries is correct per day transaction.
Replies (1)
If the transactions are receiving only in online mode then per day consolidated accounting entries can be done at the end of the day.


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