AJAY KUMAR (ACCOUNTANT) 14 July 2019
bill amount 100000/- gst charges 18000/- total amount of bill after gst is rs 118000/-and final amount paid to supplier is 110000/- after deduction of Rs 8000/-of late delivery charges. please tell me the accounting entry
Jatin (Accountant) 15 July 2019
Payment Entry
Dr. Supplier A/c 118000
Cr. Bank A/c 110000
Cr. Late Delivery charges. 8000
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