Hi friends,
There were certains disputes with the party on the machinery supplied and the party has issued a credit note of Rs 5 lacs against the machinery cost of Rs 1 cr and how the same will be treated ?
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Accounting Entry
Replies (1)
i thnk entry should be
SUPPLIER A/c Dr 5L
To MACHINERY A/c 5L
plz correct me if m wrng
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