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

Answer Posted / 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)

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