Interested to Buy Any Domain ? << Click Here >> for more details...
WHAT ENTRY PASSED IN BOOOKS OF ACCOUNT IF INVOICE BILING AS
UNDER :.
SUB TOTAL = 428325.45
VAT @12.5%= 53540.68
Additional vat 1%= 4283.25
ORDER DISCOUNT = (9722.99)
ROUNDED OFF = 0.39
--------------------------
NET AMOUNT = 476426.00
- 2 Answers
- 4300 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / asif beg
ENTRY :.
PURCHASED A/C DR. 428325.45
VAT ON PURCHASE A/C DR. 57823.54
TO PARTY A/C 476426.00
TO DIS. REC. 9722.99
(BEING GOODS PURCHASED)
THANK YOU
| Is This Answer Correct ? | 13 Yes | 3 No |
purchase a/c Dr 4,28,325.45
input vat 12.5%a/c Dr 53,540.68
additional vat 1%a/c Dr 4,283.25
To discount received a/c 9,722.99
To party name a/c 4,76,426.00
To round of a/c .39
(being purchased goods)
| Is This Answer Correct ? | 2 Yes | 0 No |
What are the methods used in different industries for labor and non-labor costs in Projects.
0 Answers Reliance, Tirupati Exim,
What are Wash accounts and suspense accounts and how do they operate?
WHAT IS R/3 IN SAP.
What is project implementation?
Sir I am taking the Salary Rs 18000/- the shown to me in Pay Roll Basis but not deduct any PF. Plz told me tha is the company liable to deduct my PF?
I have received 75000/- as retainership fees from ABC company but they have deducted TDs 10% and send me 67500/- my question is that what entry i have to pass in my books please help me
What is partnership accounting?
what is the difference between directors capital and current a/c
What is difference between Expense and Expenditure ? Please explain in detail..
What is the journal entry for Prepaid expenses?
what is profit and loss(dr) in cash flow statement?
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
Audit 
