If an overpayment (more than was paid) was posted on a
statemnt, can I just make a debit note on the account with
the difference?
Example
Customer had to pay me R 10 000
Payment on his statment was passed for R 15 000
Can I make a debit note with the dif of R 5 000, to rectify
the account for the specific month?
- 1 Answers
- 2583 Views
- I also Faced
- E-Mail Answers
Answer Posted / syed iliyas
Just a journal entry is enough for rectifying the previous
entry with supporting documents
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.
I am going for interview in Cross domain for Finance & Accounts opening. If any one having any question paper or question that might be asked in interview pls send me on my mail id -ruchi_singh759@rediffmail.com, or here.
what is Calculation of Gross Profit Or Gross Loss?
What are the objectives of accounting
Can any one explain me how profitability analysis s implemented in Sap & tell me which tables get effected by this... i want to know about copa_derive msgtypes also...
plz send me hsbs finance questions asked in the interview ans appitude also
What is Risk Assessment?
HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?
hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...
what is assessment? how many types of assessment will be there? and what is the documents and preparations for sales tax, service tax assessments??
drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?
service tax form no ? What is CC Limit ? What is branch accounts?
Do v call director in the partnership firm?
Is interest of a business unit Operating Expense or Non Operating Expense
how will i develop my fears in interviewd?
