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what is journal entry for the credit sales and purchases
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Answer Posted / mohd asif
purchase a/c dr
sundry creditors a/c cr
sundry debtors a/c dr
sales cr
| Is This Answer Correct ? | 5 Yes | 2 No |
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sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
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