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I have paid an advance for a supplier against delivery, Say Rs.500,on 20.2.2010. Later on 3.3.2010, I settle the balance of Rs.1500. How can i account this in tally?
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Answer Posted / arjun
on 20.2.10 supplier a/c dr 500
to cash a/c 500
on 3.3.10 supplier a/c dr 1500
to cash 1500
purchase a/c dr 2000
to supllier 2000
| Is This Answer Correct ? | 12 Yes | 5 No |
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