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What journal entry pass in the system when MIGO and MIRO
occured?
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Answer / ravinder.pathania
At the time of MIGO
Stock/Consumtion account Dr.
GR/IR Clearing A/c Cr.
At the time of MIRO
GR/IR Clearing A/c Dr.
Vendor A/c Cr.
| Is This Answer Correct ? | 40 Yes | 1 No |
Answer / prashant
Stock/Consumtion account Dr.
GR/IR Clearing A/c Cr.
At the time of MIRO
GR/IR Clearing A/c Dr.
Vendor A/c Cr.
| Is This Answer Correct ? | 18 Yes | 3 No |
Answer / gopinath r
Migo
Inventory Dr
To GR/IR clearing Cr
Miro
GR/IR Clearing Dr
To Vendor A/c Cr
Payment
Vendor A/c Dr
To Bank A/c Cr
| Is This Answer Correct ? | 4 Yes | 0 No |
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