IndigoLearn

Forums

Goods sent on approval basis

Goods sent on approval basis video no.6 sir took a example in that 15june goods from customer accepted and sent approval on that he recorded that transaction my doubt is already we recorded whole goods sent on approval again why should we enter it's is already entered in past transaction

Attachments

39e92522-40de-44f4-81f0-8dcfb77f4e02.jpg


Jashwanth S

Jashwanth S

CMA Inter

2K+

18-Jun-20 17:42

32

Answers (4)

whole goods sent were recorded in hte "Goods sent on approval ledger" which is only a control ledger but doesnt form part of trial balance. 15th Jun entry for 50 accepted is passed in the normal ledger forming part of trial balance.


sudha reddy

sudha reddy

Moderator

19-Jun-20 10:14

Jashwanth S

What is the narration for that

Being goods sent on approval and accepted


sudha reddy

sudha reddy

Moderator

19-Jun-20 17:57

Individual Modules are back
CA Foundation Scholarship
IL Pass percentages
SFM Launch
Tally Free
Quote
Refer
EMI
Lazypay
Past_Exams
Economics for Finance Launch