Indirect exp

Gurwinder (Querist) 27 July 2016 This query is : Resolved
i am working in a manufacturing unit
during financial year 2015-16 we purchase old empty plastic drums from kabarai wala of rs. 75000.00 ( 19000+19500+19000+17500)

Problem is in which account this exp should be debited

kindly help me

Follow Query

Report Abuse

Guest (Expert) 27 July 2016
Post your query on the site of CA Club India or consult some CA.

Rajendra K Goyal (Expert) 27 July 2016
You have not mentioned the purpose of purchase / end use.

Discuss with your Account section / CA.

Gurwinder (Querist) 27 July 2016
we use that drums for storage of raw material

but we dont have any invoice.

Kumar Doab (Expert) 27 July 2016
Discuss with your CA.

adv.bharat @ PUNE (Expert) 27 July 2016
state the full fact of case to solve it.

malipeddi jaggarao (Expert) 28 July 2016
What is the turnover of the firm? If considerable turnover is there, you can book the expenses under the head "Miscellaneous".

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now