Hi,
Credit Note received from Supplier against prior year expense, accounting entry plz.
Menu
Credit note from supplier against prior year expense
Replies (3)
|
Please elaborate your question Originally posted by : Riya |
||
 |
Hi, Credit Note received from Supplier against prior year expense, accounting entry plz. |
 |
ThanQ
Ex.
FY-2012 (bill paid)
Freight Outwart 1500 Dr
Bank 1500 Cr
FY-2013 (CN recd from customer against above)
Customer 500 Dr
Retained Earning 500 Cr or Provision A/c 500 Cr ?????
ThanQ Ex. FY-2012 (bill paid) Freight Outwart 1500 Dr Bank 1500 Cr FY-2013 (CN recd from customer against above) Customer 500 Dr Retained Earning 500 Cr or Provision A/c 500 Cr ?????
Recent Topic
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
- Tds on deceased's pan
- Exempt income declaration schedule EI in ITR2 (AY2
- Mold cost invoice in GST return
- WhatsApp document sharing: Client sends Aadhaar, P
Related Topics
CAclubindia
