excise entry
This query is : Resolved
01 January 2010
what is the necessary journal entries in the books of Vinod & Co-:
Vinod & Co who had purchased 200 numbers of goods against Form “C” at
a rate of 1190.64/- including Excise 8 %,Cess 2% and H.Ed Cess1%.Due to leakage he had returned 100 number of goods?
Vinod & Co who had purchased 200 numbers of goods against Form “C” at
a rate of 1190.64/- including Excise 8 %,Cess 2% and H.Ed Cess1%.Due to leakage he had returned 100 number of goods?
01 January 2010
Materials a/c 550
CE Credit a/c 44
CE Ed. Cess Credit a/c 0.88
CE SHE Cess Credit a/c 0.44
To Seller - 595.32
CE Credit a/c 44
CE Ed. Cess Credit a/c 0.88
CE SHE Cess Credit a/c 0.44
To Seller - 595.32
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