Wat is the journal entry for credit sales with vat

9 Answers  

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what is deemed assesse?

1 Answers  

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What is the journal entry for goods sold to Mr A in 1 month credit of rs 5000. and also pass entry for non repayment of money after 1 month by Mr A. (What entry will come for this?)

3 Answers   Airtel, Siemens,

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My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.

0 Answers  

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how to calculate ratio of closing stock?

6 Answers  

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What is ERS(Evaluated Receipt Settlement) in Accounts Payable? How is it related to 2 way matching?

1 Answers   Genpact, Jenpac,

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"i have received half of the salary in advance and another half in the end of month" what will be the journal entry for this?

6 Answers   ACS, Genpact,

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what is the difference between accounts and finance ?

5 Answers   ABC, CA,

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what is reserve capital

8 Answers   Capital IQ,

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Purchases entry?

8 Answers   ACS,

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What is capital reserve and reserve capital?

3 Answers  

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hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately

0 Answers  

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