banner_ad

Sales Entries Under GST

Accounts 287 views 2 replies

One of our Debtor XYZ (R.D.) has its GST Register Number.

Situation arise that sales on credit made under two different situation:-

1. Rs.3550/- Sales as TAX SALES on CREDIT (For Further Sale - As The party is Trader). 

2. Rs.2500/- Sales as RETAIL SALES on CREDIT (For No Further Sales).

How to pass its Journal Entry to show the effect of both transaction in single LEDGER. (As we have to recive amount from single party only).

 

Replies (2)

A single entry for both the sale transactions can be made.

Why does the end use matter to you?

Because One is Retail (B2C) & Other is TAX (B2B) sales transaction

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details