Freight inward
This query is : Open
29 November 2017
if in purchase invoice,
total : 600000
(+) freight advance: 10000
grand total : 610000
then , that 610000 should be the purchases or only 600000 will come in P/L ??
total : 600000
(+) freight advance: 10000
grand total : 610000
then , that 610000 should be the purchases or only 600000 will come in P/L ??
29 November 2017
Your query is not cleared...
But, As per my assumption...
Purchase value Rs 6lakhs and Freight Advance Rs. 10000...
The Freight advance treated as "Advance" then 6 lakhs only in PandL account...
But, As per my assumption...
Purchase value Rs 6lakhs and Freight Advance Rs. 10000...
The Freight advance treated as "Advance" then 6 lakhs only in PandL account...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- GST Rate for Catering Services
- RATE AND HSN CODE
- ITR 4 and Bank transactions
- Bank details not Visible on Traces Portal
- Taxability of Partnership firm for FY 2025-26
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
