Journel entry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2015
if we purchased raw material for 100 Kgs. from vendor , as per terms freight is extra.
we received inventory and production finished and half of the finished goods also sold.
after 4 months the vendor submitted the freight bill for Rs.1000/-.
now what entries will come in this situation and what all the ledgers will effect.
please advice
we received inventory and production finished and half of the finished goods also sold.
after 4 months the vendor submitted the freight bill for Rs.1000/-.
now what entries will come in this situation and what all the ledgers will effect.
please advice
19 September 2015
Now enter the freight bill in the books of account. It will have effect on your stock as well, but should happen automatically
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
- Not a CA , can we prepare balance sheet
- TDS RATE ON RENT PAID TO NRI
- TCS ON SOFTWARE SALES
- FREELANCING ACCOUNTANT
- Gst Audit dept
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- From 15CA for remittance by domestic travel agent by to Foreign Destination Management Company.
- Issue of gst e invoice
- 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
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
CAclubindia
