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What will be the Journal Entry for this?
Purchases goods from vendor worth Rs.20000.VAT included 4%.
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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 |
Answer / manojs
purchases a/c dr 19200
input vat a/c dr 800
to cash 20000
| Is This Answer Correct ? | 46 Yes | 26 No |
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 |
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 |
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 |
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 |
Answer / moneca
purchases a/c dr.19200
input vat a/c dr.800
to cash 20000
| Is This Answer Correct ? | 12 Yes | 9 No |
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 |
Answer / gaurav
purchases a/c dr 19231
vat a/c dr 769
to cash 20000
| Is This Answer Correct ? | 2 Yes | 0 No |
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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Trial balance as on 31st March, 2014 Particulars Debit Pula Particulars Credit Pula Wages 14 100 Dividends received 4 300 Salaries 13 000 Bank overdraft 41 000 Opening Stock 40 000 Returns 1 000 Machinery 49 000 Creditors 14 200 Investments 30 700 Sales 258 500 Drawings 23 000 Capital 30 000 Purchases 130 000 Returns 2 000 Debtors 18 000 Advertising 13 400 Interest 4 800 Cash 11 000 349 000 ======= 349 000 ======== Additional information: 1. Closing stock is valued at P53 000. 2. Wages include P350 being advance against wages. 3. Wages include P1 000 paid for erection of machinery. 4. A purchase of stationery for P430 has been inadvertently included in the Purchases account. 5. A sale of investments with a book value of P2 600 for P2 500 has been included in the Sales Account. 6. Salaries include P150 per month paid to the proprietor’s domestic servant. 7. Machinery is to be depreciated by 10 per cent. Required: a. The revenue statement (Trading and Profit and Loss Account) for the year ended 31st March 2014 and b. Statement of financial position (Balance Sheet) as on 31st March, 2014.
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Hi Everybody, Can anybody tell me the journal entry for below question, Charged interest on Capital Rs.1,500.00 Thanks,
4_ _ _ 4 _ _ _ 4_ _ _ 4 =20 use +,-,/,* to solve ot
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