How to pass entry for fllowing instance in tally or journal
entry:
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
above?
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Answer Posted / manoj
purchase a/c dr.11000
freight a/c dr.6000
duty exp a/c dr.4500
To s. creditors 11000
To bank a/c 10500
| Is This Answer Correct ? | 5 Yes | 7 No |
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paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.
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