Excise payment journal entry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 December 2016
Dear sir/Madam
Excise adjust entry
Out put excise dr
Input excise cr
exciseduty payable cr
But we need to show excise paid amount In P & L account , but we show that excise payable as per entry.
Please solve my problem.
Thanking you
S.VENAKTESWARA RAO
Excise adjust entry
Out put excise dr
Input excise cr
exciseduty payable cr
But we need to show excise paid amount In P & L account , but we show that excise payable as per entry.
Please solve my problem.
Thanking you
S.VENAKTESWARA RAO
CA Suresh Jain
(Expert)
11 December 2016
Can you forward following entries with narration for Sales, Purchase, adjustment of input credit , payment of excise duty on mail id [email protected]
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