We are pvt ltd company in mumbai. we have received rs 1 lac from our customer for incompleted project. Now we want to settle this account by making journal entries. We want to show this amount as indirect income, So what should be proper ledger for the same. Can Debtors write back/ Debtors pay back will be proper or not! Suggest proper name as per accounting standard.
Menu
What should be ledger name!
Replies (1)
in accounting standard there is no specificlly mentioned the name of ledger, for your convenient you can giv the related name and mention proper naration.
Recent Topics :
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
Related Topics :
CAclubindia
