I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary
No Answer is Posted For this Question
Be the First to Post Answer
informance about performance is disclosed by
what is service tax & excise? How will it be charged?
What is FDI?
Name three (3) fixed-income security data points, which are different from those provided for equity securities
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
what is the accounting rules?
please tell me the reconciliation format in excel
what is finance
What do you mean by Debit and Credit?
What is NEFT? and its Limit(if any)
Why in SAP external number range should be selected for depreciation posting . any specific reasons for that explain me? Raj
IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.