what is the entry to be made for vat when any purchase is
made in that bill vat amount is included ?
Answers were Sorted based on User's Feedback
Answer / uttam kumar
PURCHASE A/C Dr.
Vat input A/c Dr.
To Party A/c Cr.
| Is This Answer Correct ? | 15 Yes | 1 No |
what is , Purchase & Sales Return?
Tell me as a higher position in the accounting department, you will be responsible for overseeing other employees' accounts. What experience do you have in leadership and management that will prepare you for this responsibility?
purchase rice 2 bags rs.7500 and vat charges @5% what is the answer...
we have worng credit in Rs.10000 in bank a/c on 31/03/201 so Please give your idea in matter . what entry made in book of accounts.
What is peach tree accounting?
What is Tally
What we have to post entry for payroll processing ? (Indian payroll)
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
1. RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above.
How to pass advance entry in tally, and how it should adjust against future invoice.?
what is Goodwill? What kind of Asset for the company?
Do you think there is any difference between inactive and dormant accounts?