Hi Reader's
Can anybody please advise how take cash refund entry in cash book under which head A/C.
the refunding cash is rs 130 to customer.
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Cash Refund To customer
Replies (3)
Why You give cash refund...?
Is any excess receipts or discounts...?!
Is any excess receipts or discounts...?!
excess receipts
The problem is first we made one bill to Rs. 749/-
due to some rate variation.he will not accept the material then we raise bill for only rs. 620/-
bal of rs.129/- paid by cash that all.
The problem is first we made one bill to Rs. 749/-
due to some rate variation.he will not accept the material then we raise bill for only rs. 620/-
bal of rs.129/- paid by cash that all.
You just give the payment to Customer as Cash / Bank...
And just provide payment entry to Customer as
Dr. Customer A/c - Rs. 129
Cr. Cash/Bank A/c - Rs 129...
And just provide payment entry to Customer as
Dr. Customer A/c - Rs. 129
Cr. Cash/Bank A/c - Rs 129...
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