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
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
CAclubindia
