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what is excise duty and what should be the entry of
purchase and sale in account books of excise
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Answer / 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
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Answer / 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 |
Answer / 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 | 1 No |
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