what is excise duty and what should be the entry of
purchase and sale in account books of excise
- 3 Answers
- 3949 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / kapilsingh
excise duty chargeabe on the all manufacturing products
purchase a/c dr
excise duty a/c dr
to cash
for sales entry
cash a/c dr
to sales
to excise
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / soumya ranjan barik
purchase /C DR
EXCISE DUTY A/C DR
TO CASH
IN CASE OF SALE
CASH A/C DR
TO SALES A/C
TO EXCISE DUTY A/C
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kapilsingh
excise duty chargeabe on the all manufacturing products
purchase a/c dr
excise duty a/c dr
to cash
for sales entry
cash a/c dr
to sales
to excise
| Is This Answer Correct ? | 0 Yes | 1 No |
Assuming you are at the office and a colleague criticizes u, how would you react?
1, How enter Accumulated Deprication Journal Entry, (Land& Building Value 500000 AED, How to pass entry?
what is the rate of purchasing computer goods from Gujarat, with C form, and what is the rate to sale it in Diu (Union Territory).
What do you mean by trial balance?
In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer
what is Schedule-2 in Balance Sheet.
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
what is deferred income & deferred revenue expenses
what is portfolio
hello friends i like to know journal entry for one loan transaction ie if you purchase a car for EMI with initial payment how to make first entry & monthly entry any thing is there? pls reply to me.
what is golden rule of accounting
2 Answers Ahmed Amin Group, TATA,
Explain the methods of Accounting?
Audit 
