Q1. If sales invoice raised in March 19 but actual dispatch in April19 if we reversing sales how to show Sales in 19-20
Kindly do the needful
Menu
Sales Revenue
Replies (2)
The journal entries passed on 31.03.19 would be :
1. Sales A/c ___Dr. 100 -
To Sales in Transit (Stock) A/c - 100
2. Sales in Transit (Stock) A/c __Dr 1
1. Sales A/c ___Dr. 100 -
To Sales in Transit (Stock) A/c - 100
2. Sales in Transit (Stock) A/c __Dr 1
Why You reverse the sales...?
You can book the sales in Mar-19...
You can book the sales in Mar-19...
Recent Topics :
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
Related Topics :
CAclubindia
