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
what is lease accounting?? please explain me....
get fixed assets items
What are the four classifications of bad and doubtful debts as per the context of the bank?
why we multiply no. of purchasing year with average profit
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 ?
x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?
What are the reasons which cause pass book of the bank and your bank book not tally?
Who owns the general ledger?
how to do asset appreciation in sap?
what is profit maximisation
What is the fictitious assets?
What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%
Can you differentiate accounting and auditing?
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?
When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.