COULD SOME ONE HELP WITH OURNAL ENTRY FOR BELOW BG
TENDER AMOUNT :- 10,00,000/-
BG AMOUNT @ 5 % 50,000
BG COMMISION ANNUAL 2.4 % :- 1200/-
ADD GST 12 %
FD 25 % OF BG AMOUNT :- 12500/-
PLEASE LET ME NOW THE SEQUENCE OF JOURNAL ENTRY AND ALSO THE ENTRY ONCE THE BG IS EXPIERED AND THE MARGING MONEY IS REFUNDEDE AND FD IS RELEASED
OK WHAT WILL BE BE ENTRY FOR FD AGAIST BG AND SECONDLY WHEN THE BG EXIPRES AND FD IS RELEASE WHAT WILL BE ENRTY
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
