Purchase in transit
This query is : Resolved
18 January 2013
Dear All,
How to make purchase in transit journal entry in books at the end of every quarter.
regards,
satish
How to make purchase in transit journal entry in books at the end of every quarter.
regards,
satish
18 January 2013
goods in transist means the goods were in transportation yet not reached the production place(or) destination place can be regarded as goods in transist the entry for this is
Goods in transist a/c dr
To cash a/c
Goods in transist a/c dr
To cash a/c
18 January 2013
and in sale tax return can we show purchase in transit or when material received
18 January 2013
Sorry brother no idea about it....
Wait for the other replies....
Wait for the other replies....
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 on Deemed Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- ITR-3 File/Error Found
- ASMT-10 received from A O
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- Average Cost Of High Quality Diamonds
- Due Date Clarity
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
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
