if get the bill of rs.60000+service tax @10.3%.then how do
the entry in bookes
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Answer / ghanshyam
exp./purchase a/c dr. 66180
to creditors a/c 60000
to servoce tax paid 6000
to edu. cess 180
| Is This Answer Correct ? | 10 Yes | 2 No |
Answer / narayan pawar
Purchase A/c Dr 66180
To sundry creditors A/c 60000
To service tax paid A/c 6180
| Is This Answer Correct ? | 11 Yes | 5 No |
Answer / srinivas
purchase a/c Dr 60000
input service tax Dr 6000
input educationcess dr 120
input h.ed.cess dr 60
To party a/c 66180
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / vijendra
expenses a/c........Dr 66180
TO Party A/c 60000
To Input service tax A/c 6180
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / vijendra
exp.purchases a/c....Dr 60000.00
Input Service a/c....Dr 6180.00
To Party a/c 66180.00
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / ayyanar
I telling Examples,
Bill Received Rs 33090 /= of Proffessional fee with service
tax .
Bill Value - Rs 30000 /=
Service tax -Rs 3090 /= (10.3%)
Total is Rs 33090 /=
Now Entry is
"
Professional fee A/c Dr Rs 30000
Service tax 10 % A/c Dr Rs 3000
Service(Ed ces)3%A/c Dr Rs 90
To TDS on Professional a/c cr Rs 3309
To Party a/c cr Rs 29781
"
| Is This Answer Correct ? | 1 Yes | 1 No |
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