Which balance for profit ? debit or credit? also which balance
for Opening Stock?
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Answer / guest
for profit credit balance and every end of the year (credit)
closing balance will forwarded by the next year opening balance
| Is This Answer Correct ? | 19 Yes | 2 No |
Answer / nawal kishore ojha
Ccredit balace for profit
debit balance for opening stock
| Is This Answer Correct ? | 15 Yes | 0 No |
Answer / javeed
credit balance for profit & debit balance for op.balance
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / mudunoori
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| Is This Answer Correct ? | 5 Yes | 4 No |
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Do I need a waybill in the following case:- If I purchase (on bill) small quantity goods (like artificial jewelry) from one state (say Delhi) and transports it personally (say via flight) to other state (say West Bengal) along with my personal belongings and then I put them to sell through my boutique in that state. Do I need waybill? If yes, what will be the procedure? Do I need to pay entry tax at WB? What will be the procedure? Am I doing anything unlawful while transferring goods personally? Please give your advice. Regards, Manoj
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