Cash Back from purchased

Discussion in 'Technical Queries' started by Sharif Ul Alam, Jul 15, 2017.

  1. Sharif Ul Alam

    Sharif Ul Alam

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    Our company is an advertising & event management company. we had bought a tender. But we did not participate in competition & got cash back. How can I record this transaction in accounting system. Please give me the answer based on golden rules of accounting.
     
    Sharif Ul Alam, Jul 15, 2017
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