What are the Accounting entries during Goods Receipt if the material Price is 100 INR per 1 EA and the Quantity is 10 EA. And, the Freight amount is 200 INR?

Stock Account –BSX- 1200 Debit GR/IR Clearing A/C – WRX- 1000 Credit Freight Clearing A/C – FR1 – 200 Credit 24% (251 votes)
Stock Account –BSX- 1000 Debit GR/IR Clearing A/C – WRX- 1000 Credit Freight Clearing A/C – FR1 – 200 Credit 13% (138 votes)
Stock Account –BSX- 1200 Credit GR/IR Clearing A/C – WRX- 1000 Debit Freight Clearing A/C – FR1 – 200 Debit 4% (42 votes)
Stock Account –BSX- 1200 Debit GR/IR Clearing A/C – WRX- 1200 Credit Freight Clearing A/C – FR1 – 200 Credit 2% (22 votes)

Total Votes: 1,038

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