Accounting entry for e-commerce website(like:- flipkart, etc

So  I have question right with this solution below 

Comission  A/C                

DR     Shipping     A/C                

DR Online Fee   A/C              

DR Advirtisment   A/C             

DR SERVICE TAX INPUT A/C DR                                

                                           To AMAZON A/C

So how do you offset the AMAZON A/C? This account supposed to be some kind of payable right?
 

As you make sales Entry when you received  MTR or Sales Report end of the month. 

at the time of sales entry will be Like

  1. Sales Entry 

Amazon A/C Dr.     XXX

To Sales A/C  Cr     XXX

To GST A/C CR       XXX

Pass A JV Also  if you mad seperate Account for Purchase and Sales A/C Like

Amazon Purchase A/C Dr

To Amazon Sales A/C Cr.

Close you purchase ledger balance. with sales . Remain you received amount in Bank A/C For More Details for Exper consultantion Contact Shree Kashvi Accounting

 

 

 

yopu 

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