How to generate sale invoice in tally (cost of the Item is
Rs.25000/- VAT applicable 14.5%
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Answer / pattabhi
party a/c dr 28625
to sales a/c 25000
to vat @4% 3625
| Is This Answer Correct ? | 6 Yes | 2 No |
Answer / pankaj kumar jha
Sundry debtor A/c Dr - 28625
To Sales 14.5% 25000
To Output vat 14.5% 3625
Nrr-Being Goods sold to S.D. on credit.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mahendra
party's, cash a/c Dr. 28625
to sale a/c cr. 25000
to vat@ 12.5% cr. 3625
| Is This Answer Correct ? | 2 Yes | 2 No |
what is the role mis
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Case Study: Deepak Hand tools Private Limited DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?
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i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
Audit 
