what is the journal entry?
goods purchased by ram on credit for 1000 which includes
vat rs.100 in it
Answer Posted / anil
purchase a/c. dr. 900
vat a/c dr. to 100
(party name) 1000
(being goods purchase by ram on credit including vat)
Is This Answer Correct ? | 88 Yes | 11 No |
Post New Answer View All Answers
What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry
WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?
Expand-------MTRS
WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?
You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger
drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?
Let me know the difference between cash flow and free cash flow
Expand---------PSRT
what is forecast
We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts ..............
sort out the difference between service provider & service reciepient from the service tax.
Expand RMP
What is inter-corporate deposits? and where it is shown in balance sheet?
how to calculate IT? if bank intrest:1036 , long term capital gain:448841 short term capital gain :894 , income from rent 225000, and income from other source 347478, Advance tax paid 25000,lic 101508, medicliam 6990 and tds recd.25000
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account