What will be the Journal Entry for this?
Purchases goods from vendor worth Rs.20000.VAT included 4%.
- 28 Answers
- 33055 Views
- Ernst Young, I also Faced
- E-Mail Answers
Answer Posted / sunit
PURCHASE A/C DR 20000
VAT 4% DR 800
TO ABC PARTY A/C 20800
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What do you think is a bank reconciliation statement?
Tell us what is a cpa?
Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.
HOW TO FILL PURCHASE RETURNS IN VAT 200,IF NOT PURCHASES THE PERIOD?
Sales tax waybill is required for how much value of invoice (for example we raise Rs.1000 bill is waybill required in andhra pradesh)
what is share application money pending allotment?
1. how to pass TDS entry in tally 2. how to pass service tax entry in tally 3. how to pass depreciation entry in tally 4. what is percentage in TDS and service tax
have you ever been involved in an invoice dispute? How did you manage the problem?
Is it mandatory for the employees staff of a School, if so give details
Contrast bookkeeping and accounting
What is liabilities and what all does include in current liabilities?
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
What is the difference between inactive accounts and dormant account?
What are the steps to take before you approve an invoice for payment?
Give Any three special cases of computation of capital Gain U/s 45(1A) to 45(6)?
