hi to all.... what is the treatment for Work-In-Progress in
Tally...please answer for it as early as possible... thanks
& regards
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Maximum retail price rs.100 including vat 12.5 % what is basic price
7 Answers Ceramic Centre, Chartered Accountant,
Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?
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