input vat, wht use in wct
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The trial balance cheks: 1)Arithmetical mistake 2)honesty of the book keeper 3) valuation of the closing stock 4) nature of the business
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We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?
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A Vat account debit balance reported in the year end trail balance would represent?
a purchase of Rs.750 from raghubir has been debited to his account.purchase account has been correctly debited.