what is goods in transit and how to pass an entry


Answer Posted / milan kkg

goods in transit = asset

Is This Answer Correct ?    46 Yes 17 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the accounting treatment for finance lease in lessee's viewpoint?

1845


Expand-------MTRS

1782


What is Merchandising Accounting process

1609


WhatIs the limit of duty exemption in smal scale industries.

1722


Expand-------CAN

1440






wht can u do for the growth of bhel?

1542


plz tell me the finance questions asked in hsbc latest question asked in hsbc?

1533


What will be entry pass in tally if TDS paid by Credit Card.?

1589


please tell me questions asked in NICMAR for the post of accounts executive

3524


which are the basic princeples of accountancy... with examples

1733


fd redeem interest and principal entry in tally

676


what is difference between account and accounting

1309


how we will prepare n file income tax returns for individuals?explain

1745


where we have file E-returns in SAP FICO-CIN/Wtax?

2203


what is span of shares

1485