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dear sir
pls tell me the the journal entries of purchase of finished goods from manfacturing co. its included excise duty and vat etc included from haryana to delhi from xyz co.
salary journal entries where company deduct the esi and pf
thanks & regards

From India , Delhi
Dear here an specification i gave you
For Purchase
Purchase A/c Dr
Input Vat A/c Dr
Party A/c Cr
to Calculate vat out of total bill
vat = total bill*(vat %)/(100+vat%)
note Vat% must be figure of the vat @ like for 5% use 5
like wise when you deduct the Vat amount from bill amount
you can calculate Excise amount with replacing vat % by excise %
For salary
Salary A/c Dr

Esic A/c
Epf A/c
Advance A/C
Employee A/C

From India , Bhopal
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