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What will be the Journal Entry for this?
Purchases goods from vendor worth Rs.20000.VAT included 4%.

Question Posted / rashi

Answers were Sorted based on User's Feedback



What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%..

Answer / vijay

PURCHASE A/C......DR 19231
INPUT VAT A/C.....DR 769
TO VENDER A/C 20000

Is This Answer Correct ?    59 Yes 10 No

What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%..

Answer / manojs

purchases a/c dr 19200
input vat a/c dr 800
to cash 20000

Is This Answer Correct ?    46 Yes 26 No

What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%..

Answer / anchit saxena

hello viewers, actually this entry is related to credit
purchase so the entry will be pass:-

PURCHASE A/C DR. 19,200
INPUT VAT 4% A/C DR. 800
TO VENDOR A/C 20,000

Is This Answer Correct ?    18 Yes 6 No

What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%..

Answer / sunil

PURCHASE A/C DR. 19230
INPUT VAT A/C DR. 770
TO VENDIR A/C 20000

Is This Answer Correct ?    15 Yes 9 No

What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%..

Answer / kaipu.srinu84@gmail.com

purchage A/c dr 19231
inputtaxA/c dr 769
to cash 2000

Is This Answer Correct ?    30 Yes 25 No

What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%..

Answer / rajiv ranjan

PURCHASE A/C DR. 19231
INPUTVAT 4% DR. 769
TO VENDER A/C 20000

Is This Answer Correct ?    7 Yes 3 No

What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%..

Answer / moneca

purchases a/c dr.19200
input vat a/c dr.800
to cash 20000

Is This Answer Correct ?    12 Yes 9 No

What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%..

Answer / priya

Purchase A/c Dr 19231
Input vat@4%A/c Dr 769
To VendorA/c 20000

Is This Answer Correct ?    4 Yes 1 No

What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%..

Answer / gaurav

purchases a/c dr 19231
vat a/c dr 769
to cash 20000

Is This Answer Correct ?    2 Yes 0 No

What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%..

Answer / satish sirikonda

goods/Purchase A/c. DR 20000
Input VAT 4% DR 800
to Vendor / Party A/c. 20800

Is This Answer Correct ?    3 Yes 1 No

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