17 December 2013
Dear sir, I have an doubt in journal & posting. If suppose i going to purchase vegetables for rs1000.by bringing the vegtables in auto it costs rs 120. shall i debit total vegetable costs including auto as 1120 or vegetables dr 1000, auto dr 120 to cash 1120. whether it relates to materiality concept or some other else. kindly explain me the concept
CAclubindia
