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Trans claims entry
Trans 1 and Trans 2 claim entry in books.
Replies (5)
ITC on Tran A/c. Dr
To Direct Income / Stock Cr.
Above in both the case Tran 1, 2
To Direct Income / Stock Cr.
Above in both the case Tran 1, 2
How it can be income
Either u show it in income or less in stock
now u have any other entry for above then plz let me know
now u have any other entry for above then plz let me know
In both case profit will increase. and in my opinion it is not profit. No i don't have any other enter option . Thanks for replying
My opinion it is not proft. We have to adjust thru stock but I dont how
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