risu (accountant) 02 September 2017
please guide in case of F form of job work received
matrial cost - Rs. 100000/-
job work is Rs. 20000/-
what is accounting entry in books case of F form
and dvat return sales F form what value taken and what purchase value taken F form
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RAJA P M ("Do the Right Thing...!!!") 02 September 2017
Here purchase value is Rs. 100000 and Labour cost Rs. 20000.
You can enter it
Dr. Purchase A/c - 1lakh
Dr. Labour A/c - 20k
Cr. Supplier A/c - 120,000.
Form Value and Purchase value Rs. 100000....