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(Querist)
20 November 2010 1. what should be the entries in the books of accounts for jobwork payable and recevaible.
2. what should be the entries, if a company transfers his stock from one branch to another.
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B R Ramesh

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B R Ramesh (Expert)
20 November 2010

Hi

1.Job work/labourcharges DR XXX

X company/job work payable CR XXX

2.X Company/Jobwork receivable cr XXX

cash/bank a/c Dr xxx

3. branch name Z Dr xxx

stock transfer Cr xxx

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