Easy Office
LCI Learning

Accounting entry

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 March 2012 Kindly let me know the accounting entry for duty passed on input removed as such.

Sales : 110 (10 is duty passed on)

so how to pass entry in our books for this transactions.
Profile Image

Rajnikant Vadigoppula

Profile Image

Rajnikant Vadigoppula (Expert)
13 March 2012 if it is excise duty,

Debtor A/c ......Dr 110
To Sales A/c 100
To Excise duty A/c 10

for other duty replace the excise duty a/c with that duty.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links