Interested to Buy Any Domain ? << Click Here >> for more details...
How to pass entry for fllowing instance in tally or journal
entry:
Imported goods worth Rs.17,000/-.Invoice value is Rs.17000/-
(its incl. Rs.6,000/- freight), duty for this is Rs.4500/-
(its seperate).Kindly tel me how to pass entry for the
above?
- 13 Answers
- 37879 Views
- I also Faced
- E-Mail Answers
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)
| Is This Answer Correct ? | 3 Yes | 4 No |
Post New Answer View All Answers
Recent banking question for 2015 interview for scale2 exam of sbm
What entry to be passed for Duty draw back as receivable
Follow up ageing balances of Debtors & Creditors and also Inventory
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
journal entry for goods withdrawn for personal use
in Tally what is cost cenre,cost categori and why we need to prepare them
Tell us did you use accounting applications at your previous companies or prefer working manually?
Types of errors in account
In the balance sheet, where do you show tds?
What is the definition of offset accounting?
Explain the accounts payable cycle
what is profitability ratio and dividend policy ratio
Other accounting interview questions to expect when you interview for an accountancy job include:
difition of reserve & surplus
what is tribal area allowance means
