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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 / parshuram warik
Purchase a/c Dr. 17000/-
To Party a/c Cr. 17000/- (Including frieght chrges. Rs.
6000/-)
(Being bill booked towards Goods Imported included frieght
Charges)
Party A/c Dr. 11000/-
To Bank A/c.
(Being amt paid for Import of goods)
Duty Charges A/c Dr. 4500/- (Under Indirect Exps)
To Party A/c Cr. 4500/-
(Being Bill booked towards Duty Charges for Import)
Party A/c Dr.
To Bank A/c Cr. 4500/-
(Being Duty Charges Paid for import of goods)
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