What are the accounting entries for billing, PGI, Stock Transfer order, Excise invoice, Customer payment?
Answer / nag
accounting entries for billing : customer a/c Debit to revenue a/c credit
accounting entries for PGI : Cost of goods sold a/c debit to inventory a/c credit
accounting entries for STO: stock inward movement debit to stock outward movement credit
accounting entries for Excise invoice : Cenvat suspence a/c debit to rg23 bed,rg23ecs, rg23secs a/c credit.
accounting entries for customer payment : cash settlement a/c debit to revenue a/c credit
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