Please suggest me accounting entry of below entry of import? Whether it should be recorded all amount of invoice in purchase account (cost of product) or record other cost seprately?
Goods cost 349551.44
Add : Bag fees 6700
Add : Insurance 577.5
Add : Freight 14300
Total Invoice cost 371128.94
Terms of delivery is on CIF basis.
What is the treatment of bad debts written off in cost sheet?
We our products sales by delivery company
And delivery company make payment after cut of delivery charge how to accounting.
Please reply sun as possible.
Regard
Jayesh kathrani
Due to critical situation i could not file more than 10 returns those having refund. is there any possibilities to file the asst. year 2017-18, and get refund. pl. advise me.
I have given Proforma invoice/ quote for international company on September month that day exchange rate was ₹69.40 they have given the purchase order also, but today I have billed (15.10.18). Which exchange rate to be mentioned in invoice??
Please guide me??
We have received a damaged component/part of one item sold from our customer in warranty period. And we replaced that component with new one. we rectify the damage of the defected item by sending that to manufacturer. How to enter these transactions in tally erp 9. Please suggest.
How to enter transaction in tally when you recd credit from ewallet ( Paytm) directly got credited to Bank account.
A bakery and tea shop whose get GST registration and provide tea and snacks daily to the their employees at free of cost. There is no cash in and out. on the other hand stocks ( for trading purposei.e Tea powder and Sugar and snacks ) was goes out. What is the accounting treatment for this transactions?
One of my client which is a partnership firm has to partners. due to heavy loss in the first year itself both their capital account became negative after transferring of loss to their respective capital account. how to show both capital account in balance sheet and accounts and whether it is allowed under Income tax and any other issues relating to it. the firm has bank loan
thanks in advance. waiting for your reply
what is the depreciation rate for mobile phone for business use?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Accounting of import of goods