Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is goods in transit and how to pass an entry


Answer Posted / ravipolina

goods in transist means the goods were in transportation
yet not reached the production place(or) destination place
can be regarded as goods in transist the entry for this is

goods in transist a/c dr
to cash

Is This Answer Correct ?    64 Yes 75 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

why do you think you are sutable candidate for this post

2179


is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?

2102


what is Derivative Documentation,Derivative Settlements,Derivative confirmation?

2460


Short Answer on ______________House Rent allowance

1913


What is the complete role of a Process executive in Accounts Payable Process ? Please anyone who is an expert in the process answer my question. A reply would help me a lot.

1183


what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?

2218


how do you prepare the mis reports and prepare the one example report stating your accounts department proforma

2099


closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?

1745


in case dedit balance of solvent partner and in case credit balance of insolvent partner what i do for accounting on dissolution of partnershio firm give me ans. as per garrner v/s murry rule

2646


what is the system of accounting and banking in cooperative bank?

3477


Expand-------CAN

1978


fiscal year variant Vs posting period variant

2142


How you implemented a chargeback system?

2314


What is SOX

2233


DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?

2203