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?
Answer Posted / enaitul haque
purchase A/C dr- 1500
to advance a/c 500
to cash a/c 1000
| Is This Answer Correct ? | 8 Yes | 9 No |
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PLEASE CLEARLY EXPLAIN WHAT IS MEANT BY TDS,CST,ADVANCE TAX,PF,PT,ESI.CLEARLY AS IF EXPLAINING TO LAY MAN
Tell me how you can adjust entries into account?
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