I PURCHASE A GOODS FROM OUTSIDE STATE WORTH RS.50000 & PAY
FREIGHT RS.5000 PAY 2% C.S.T RS.1000 INVOCE VALUE SHOWN
TOTAL=56000 ST-38 FORM VALUE RS.56000. DOES WE INCULDE THE
FREIGHT ENTRY. WHAT ENTRY WE WILL DO. PLEASE
Answer Posted / kiran
Yes we include freight charges while purchasing goods the entry will be fright charges a/c dr to cash a/c
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while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??
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