Purchase of goods worth Rs 354800 from Anand traders which
is inclusive of vat tax 4%. Pass entry showing vat in detail
Answer / ajit rout
purchase a/c Dr 341153.85
vat input a/c. Dr 13646.15
To Anand Traders cr 354800
Is This Answer Correct ? | 1 Yes | 0 No |
Is there any classification of direct and indirect expenses in peach tree? then why?
There is any new golden rule added with remain three? Why bank credited our all deposited?
I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?
whats is the Journal entry for Telephone Expenses?
what is bank rate?
9 Answers State Bank Of India SBI, Syndicate Bank,
Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry
the bank revised the late payment penalty charges to $750 and to the borrowers A/C, pass the journal entry for the same
How M-T-M losses are brought to book?
1)What will be the journal entry for these? a) Salary paid to Ganesh b)Sum of Rs 200 realized for sale of old furniture 2)Goods sold on credit for Rs 100
Define `Realisation` Account? Explain the salient features?
EXPAND_________SFIO
if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever