Freight inward
This query is : Open
29 November 2017
if in purchase invoice,
total : 600000
(+) freight advance: 10000
grand total : 610000
then , that 610000 should be the purchases or only 600000 will come in P/L ??
total : 600000
(+) freight advance: 10000
grand total : 610000
then , that 610000 should be the purchases or only 600000 will come in P/L ??
29 November 2017
Your query is not cleared...
But, As per my assumption...
Purchase value Rs 6lakhs and Freight Advance Rs. 10000...
The Freight advance treated as "Advance" then 6 lakhs only in PandL account...
But, As per my assumption...
Purchase value Rs 6lakhs and Freight Advance Rs. 10000...
The Freight advance treated as "Advance" then 6 lakhs only in PandL account...
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
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Defective Return - Tds on advance
- Fixed Deposit Claim Relinquishment by the Nominee
- Income Type for interest from government bonds
- TCS ON SOFTWARE SALES
- Not a CA , can we prepare balance sheet
- Accounting treatment for Fixed Assets
- Is correct entry for FDs
- Interest on public Provident Fund
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- GST RCM not shown in GSTR-3B
- Bill from Dispatched from issue.
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
