How to pass journal entry for vat return entry

Answer Posted / anju

OUTPUT A/C Dr.
TO INPUT A/C
TO VAT PAYABLE


VAT PAYABLE DR.
TO BANK/CASH A/C

Is This Answer Correct ?    124 Yes 14 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the procedure for issuing th C form

2066


what is composition vat

1927


Short Answer on __________Event

1558


Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.

1727


Hi frnds, can any one tell me how much funds has to be there to convince financially sound during the visa interview and what supporting documents has to be produced. What is backlogs means.....hope the best known will answer.

1559






In case of new admission of partner what will be the adjustment for the sharing ratios

1616


The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690

6577


WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.

1706


What do mean by Computerization of accounts

2118


---------is the main or principle book of accounts

1391


What is finance lease

1743


In what cases can Convertible bonds be considerred as derivatives?

1769


what is the scenario of multi-org setup?

1701


what is book profit

1734


All shot cut key use in the tally software & it's uses

1621