Answer Posted / parshuram warik

Purchase A/c (Stock A/c) Dr. 27,500/-
To Party A/c 17,000/-
TO (Direct Exps) 10,500/- (Fright=6000+Duty=4500)
(Being Bill Booked towards Goods Import.)

Party Ac Dr. 17,000/-
Direct Exps Dr. 10,500/-
To Bank 27,500/-
(Being Amt paid towards import of goods)

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