Answer Posted / imtiyaz

sorry guys both spells are wrong . if you use colour tv as
a stock running into the bussines then it will uder stock
in hand or if you just purchase from other co. then it will
be fixed assets. The entry will be

Drawing A/c Dr
To Capital A/c

Note : - Always drawing will be deducted from capital.If
anything is wrong then let me know

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Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.

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