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advance received from customer what is the general entry
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Answer / rajesh.v
By Cash/Bank A/c Dr ..... Rs/-
To Customer Advance A/c .....Rs/-
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / raghu.v
Bank/Cash a/c Dr
Customer A/c cr
It is a liability to us until providing the Services/Selling goods.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / hitendra singh shekhawat
cash ac. dr.
to unearned income
(at the time of receive)
unearned income AC. dr.
to costumer ac
(on due date)
| Is This Answer Correct ? | 0 Yes | 4 No |
Answer / mohammed yousuf baba
Customer A/C ... DR
Advance receive A/C... DR
TO Cash A/C
(Being cash receive in advance from customer)
| Is This Answer Correct ? | 0 Yes | 11 No |
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