How to record cost per product
Querist : Anonymous
DATA- FACT
a busineesman is engaged in book business.
he is purchaing exclusive right book from foreign on big consignment.
cost of purchase per book-225
no of books:-25000
freight charges 10 lac
clearing & forwarding charges on above consignment :-1 lac
from above e g which cost to be recoreded per book .
pl tell me the journal entry
freight charges a/c Dr. 1000000
To party 6625000
Querist : Anonymous
pl guide
Querist : Anonymous
pl guide
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