Learn what happen when purchase and sales made form same party. In this video you can learn common debts adjustment entry in tally erp 9. In the real life scenario a person is both debtor and creditor. This happens so many times in business that a person is both your debtor and creditor. This means that you
are purchasing one thing from him So, you have to pay him against that purchase and at the same time you
are selling him another thing for which he has to pay you.

Explain what are the adjustment entries in accounting for when same person having status of sundry creditor and sundry debtor in our business that is how to treat them in accounts, where same party is supplier or buyer both.

How to post year-end adjustment entries in tally? Common debts are a regular adjustment in practical accounts. Sometime it sounds like bad debts adjustment or provision for bad debts adjustment, but common debts is a separate adjustment need to post in our accounting books at the end of financial year. Learn what common debts are and how to post accounting entries in tally erp 9. Learn all about debtors and creditors control accounts in tally erp 9.

This is our free online tally course. We provide tally erp 9 online classes with examples. So you can learn and study tally accounting online. It is Full Step by Step Tally video Tutorial in Hindi. This Tally ERP 9 Video Tutorial based tally classes on Advance, Professional, expert Tally accounting course. It is a Part of RSCFA Course run by Career Planet it is tally erp 9 certificate course with advance excel. Learn tally erp 9 course in Hindi.

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