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Re- sale accounting entry (goods are not finished goods)

This query is : Resolved 
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(Querist)
16 November 2015 Dear ca/cs,

if i have purchase packing material(good are not a finished goods) and i have sold to another co. to this packing material out of state. so what is accounting entry of this transaction please suggest me,


regards
suresh patel
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Amol S Joglekar

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Amol S Joglekar (Expert)
16 November 2015 open one account named as "resale of packing material"

debit debtor/Cash as the case may be
credit resale of packing material
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