suppose, mr A is ecommerce operator...mr B purchased goods online of rs 200000.
in the books of ecommerce operator mr A accounting entry will be...
bank account dr 196000
eualisation levy ac dr 4000
to sales account 200000
in the books of buyer mr B ....
purchase account dr 200000
to bank account 200000
is it correct????
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Ecommerce operator and eualisation levy
Replies (3)
Quick Summary
Yes you're right
Ok...thanks
Your welcome
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