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Categories  >>  Accounting  >>  Taxation
 
 


 

 
 Audit interview questions  Audit Interview Questions
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 Taxation interview questions  Taxation Interview Questions
 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question 
what is sale entry, purchase entry, credit note , debit note
entry?
 Question Submitted By :: Jaggu24
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is sale entry, purchase entry, credit note , debit note entry?
Answer
# 1		 
For cash sales: cash a/c debit,sales a/c Credit
For credit sale:Debtos a/c debt, sales a/c Credit
For cash Purchases : Purchses a/c debit, cash a/c credit 
For Credit Purchases:Purchases a/c debit, Credit a/credit 
For Credit note:Creditor a/c debit,  Credit to party a/c
For Debit Note: Debtors a/c creidt, Debit to Party a/c
 
Is This Answer Correct ?    10 Yes 0 No
N.sudhakar Babu
 

 
 
 
Other Taxation Interview Questions
 
  Question Asked @ Answers
 
dear sir if i dont know the sell bill amount the. client give me 88036 amount cheque this cheque already cut tds 2.065% how will the service tax how i calculate this pls give easy process.  1
What is the difference between income year, financial year and FBT year? Accenture6
Timings / Months when the advance tax shud be paid For Individual?  1
What is the % of WCT under VAT Rules in Delhi?  8
sir, i have charged labour charges with material bill to x party for Rs.211000/- plz explain me how much TDS amount will deducte by party..  2
What is Tax Audit ? Brief description please  3
What is the difference between Advance Tax and TDS? Godrej12
what indirect tax and in that whats include  1
Is VAT & CST should be charged on Freight charges or not.  8
how to pass entry for VAT return adjustment entry?  1
How to get refund of Service Tax and it comes under which Department ?  1
Can I deduct TDS on Advance payment towards advertisment expenses.  3
What is meant by CST? What is use of that? Does we use the one state CST certificate to all over India? or else Will we apply CST for each and every state?  1
what is excise duty  4
what is the difference between banker cheque and cheque? Apex6
What is Advance Payment of Tax?  1
How to calculate service tax in construction catatory  3
what is the journal entry of outstanding wages ? ABC23
Which form we use for depositing VAT? Syntel6
what is the rate of TDS for rent of the company Syntel5
 
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