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.
No Answer is Posted For this Question
Be the First to Post Answer
if current ratio=2.5 : 1 liquid ratio= 1:1 closing stock=rs 45000 calculate current assets current liabilities liquid assets
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
Dear Sir, I have bought a vehicle the show room price is Rs.921700, Registration Rs.60000 Parking Charges Rs.5000 Please let me suggest What is assets value?
what is meant by bank OD A/c?
How much mathematics knowledge is necessary or required in accounting?
Is accounts payable and bills payable the same?and B/R & A/R the same ?
Differentiate public and private accounting?
simply define shares and debentures
can an accountant handle all the accounting transaction without any type of help from any person?
what is current rate of excies duty for a manufacturing company?
Explain which accounting application you prefer most and why?
How many Accounting standards are there in India ?