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How ??

A/c entries 365 views 1 replies

If suppose in the purchase bill, we have the cost of the product, insurance, frieght, VAT/CST. When should we separately account insurance and frieght??

Please help me out...

 

 

Replies (1)
If the purchaser has 1). not charged vat/cst on insurance,freight etc ,you can account seperately. 2).If charged total need to account as purchaes/interstate purchase.


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