what is excise duty and what should be the entry of
purchase and sale in account books of excise
Answer Posted / 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 |
Post New Answer View All Answers
Detail your responsibilities in accounts receivable
what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?
Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax
in Sensex and Nifty, what is the measure to take the points
Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
What is a comprehensive income?
What does the word credit mean in terms of accounting?
can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.
what is the Journal entry for credit card bill paid from same bank account
When a merchant sales of goods included/charged on packaging charges ,cartages and insurance;i.E :-Indirect income/revenue income and indirect expense/revenue expenditure. Plz suggeste me correct answer.Through messages,mail .
why only 6 months interest is charged on drawings
What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956
What is the use of form D in sale tax
Tell us why did you select accounting as your profession?
What is the entry for closing stock value reduction?