info. required about purchase entries
This query is : Resolved
11 June 2016
before I go to job I want to know about different types of purchase entries which is confusing in nature and required a extra knowledge for accounting
11 June 2016
Kindly give any specific purchase query ?? we will give you step by step entry how to do and their nature.
Message likes :
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11 June 2016
purchase dr to party/cash
if you care taking credit of excise vat etc then dr the excise duty vat
also.
if you care taking credit of excise vat etc then dr the excise duty vat
also.
Message likes :
1 times
11 June 2016
actually I don't know about prectically situations arise in accounting at the job u know
11 June 2016
Start doing job where you learn many purchase entry practically. when you find any difficulties you can contact here we are here with you. for simple clarification you have to do purchase entry just like gokul sir replied.
For Trading Items purchase entry
Dr. Purchase
Dr. Tax (input)
Dr. Expense (Direct if indicate in invoice)
To Party
For Assets purchase
Assets A/c Dr (Capitalized)
To Party
For Trading Items purchase entry
Dr. Purchase
Dr. Tax (input)
Dr. Expense (Direct if indicate in invoice)
To Party
For Assets purchase
Assets A/c Dr (Capitalized)
To Party
Message likes :
2 times
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