1. Categories >> Accounting >> Accounting General
  2. Suggest New Category

i have paid the vat amount for the financail year 2009-2010
in the financail year 2011-2012.how to pass journal
entries

Question Posted / arun

Answers were Sorted based on User's Feedback



i have paid the vat amount for the financail year 2009-2010 in the financail year 2011-2012.how to..

Answer / govind

Vat Payable A/c (2009-10) Debit

Interest a/c Debit

Penalty A/c Debit

To Bank or Cash A/c

(Vat paid for the f.y.2009-10 & charges Interest by sales tax Dept.on vat payable amount...... & with paid penalty)

Is This Answer Correct ?    3 Yes 0 No

i have paid the vat amount for the financail year 2009-2010 in the financail year 2011-2012.how to..

Answer / madhukar nimbalkar

vat payable (2009-10) a/c. Dr
To bank a/c. Cr.

narration:- tws vat payment made for finalcial year 2009-10
by internet.

Is This Answer Correct ?    1 Yes 0 No

i have paid the vat amount for the financail year 2009-2010 in the financail year 2011-2012.how to..

Answer / shivam

if a prop.Firm or Partnership amount is less in account of
capital account and in the case of company amount is less
in reserve and surplus account.

Is This Answer Correct ?    1 Yes 1 No

Post New Answer

More Accounting General Interview Questions

What is the Defference between Bank balance and insurance Balance.

1 Answers  

A and B are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 80,000 and Rs. 50,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year firm earned Rs. 7,800 after allowing interest on capital. Profits apportioned among A and B is (a) 4,680 and 3,120. (b) 4,800 and 3,000. (c) 5,000 and 2,800. (d) None of the above.

1 Answers  

what is equity share

3 Answers   Reliance,

can any one send me tally professional version link

0 Answers   XYZ,

Is electricity charges are direct or indirect expenses

5 Answers  




Did you use accounting applications at your previous companies or prefer working manually??

0 Answers  

why do we prepare balance sheet as on a particular date and not for a year?

1 Answers  

how did prepare the trail balance & profit & loss A/c and balance sheet

1 Answers  

how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.

0 Answers   Student,

What is the difference between income and income statement???

3 Answers  

In excise one dealer gives us two invoice. one is only tax invoice and other is duplicate for transporter.and both are are the different serial no so in which bill is posted in accoounting transactions.

1 Answers  

What is difference between budget & budgeting

1 Answers  

For more Accounting General Interview Questions Click Here
Categories