How to pass entry for fllowing instance in tally or journal
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
Duty and freight both will be part of imported goods.
(Since the question does not clear the nature of duty in
what section under the custom act whether credit are
permissible or not hence entry will be,
Purchase (items) a/c (17000+4500) Dr. 21500
To Creditors or Bank A/c 21500.
I have received a cheque from customer and i deposited into
the bank next 4-5 days cheque has been bounced by the bank.
Pls tell me what is reverce entry in the tally for cheque
bounced and which option i will enter in journal or payment
Salary . is it direct exp or indrect exp.