How to record cost per product
Querist : Anonymous
DATA- FACT
a busineesman is engaged in book business.
he is purchaing exclusive right book from foreign on big consignment.
cost of purchase per book-225
no of books:-25000
freight charges 10 lac
clearing & forwarding charges on above consignment :-1 lac
from above e g which cost to be recoreded per book .
pl tell me the journal entry
freight charges a/c Dr. 1000000
To party 6625000
Querist : Anonymous
pl guide
Querist : Anonymous
pl guide
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
Click here to login now
Similar Resolved Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
