Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is excise duty and what should be the entry of
purchase and sale in account books of excise

Answer Posted / soumya ranjan barik

purchase /C DR
EXCISE DUTY A/C DR
TO CASH
IN CASE OF SALE
CASH A/C DR
TO SALES A/C
TO EXCISE DUTY A/C

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is lease accounting?? please explain me....

2282


get fixed assets items

1998


What are the four classifications of bad and doubtful debts as per the context of the bank?

1295


why we multiply no. of purchasing year with average profit

2008


What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?

2083


x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?

2196


What are the reasons which cause pass book of the bank and your bank book not tally?

1004


Who owns the general ledger?

1061


how to do asset appreciation in sap?

2758


what is profit maximisation

2057


What is the fictitious assets?

1126


What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%

1640


Can you differentiate accounting and auditing?

1092


What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment? Reference of last quarter challan should be shown while adjusting in next quarter?

1648


When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

2083