Interested to Buy Any Domain ? << Click Here >> for more details...
how we will make the invoice agt the material sold to other
party with the VAT adjustment. Also please pass the journal
entry of all process.
- 1 Answers
- 6334 Views
- Hitachi, I also Faced
- E-Mail Answers
Answer / dharmendra jha
Journal Entry for making Invoice
Party A/c ......Dr.
To, Material A/c
To, Output Vat A/c
Journal Entry for vat reconcilation
output vat a/c ......Dr
To, Inputvat A/c
To, Bank/cash A/c (Diff. of output-input)
Journal Entry for receiving the payment
Bank A/c .............Dr
To, Party A/c
| Is This Answer Correct ? | 9 Yes | 0 No |
When a merchant sales of goods included/charged on packaging charges ,cartages and insurance;i.E :-Indirect income/revenue income and indirect expense/revenue expenditure. Plz suggeste me correct answer.Through messages,mail .
what is accounting cycle ?
What is s bank reconciliation statement? Give an ex where the Bank book and d cash book will not reconcile?
How to pass the entry in tally for demolished of building?
What is Inter branch accounts reconciliation
what is journal entry. Let me have the detailed with example. Also the difference between the journal and payment entry.
whom can deduct the TDS?
Explain about SEC
What is asset revaluation reserve and how is it treated in the books of accounts
what is account opening and account closing??
10 Answers Royal Bank Of Scotland,
Tell us in balance sheet, where do you show tds?
what is vendor setup?why it is required in accounts payable process?
Audit 
