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?
Answer Posted / manoj kumar
purchase account Dr.17000
custom Duty account Dr.45oo
To S.Creditors account 17ooo
To Bank account 45oo
(Beieng goods imported and duty paid )
| Is This Answer Correct ? | 3 Yes | 3 No |
Post New Answer View All Answers
What is fbt (fringe benefit tax)?
what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???
Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!
What is the objective of the balance sheet?
Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?
Tell us what do you believe should be an important quality of an account executive?
What is cotangent Account?
Assigning natural account to accounting seg. What will happen
payment voucher for advance salary
Tell us do you have any idea about service tax or excise?
why we multiply no. of purchasing year with average profit
What are the advantages of double entry system?
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
Define executive accounting?
we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?