Answer Posted / vinoth
When a company purchase or sold an item means, at that time
tax will be calculated that's called Value Added Tax(VAT).
And that's depend upon the percentage.
| Is This Answer Correct ? | 19 Yes | 3 No |
Post New Answer View All Answers
HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?
explain about mergers & aquisitions? asked on 30/7/09
Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From
WHAT WILL BE THE ACCOUNTING ENTRIES IN THE BOOKS IN CASE OF A COMPANY HAVING ITS SHARE CAPITAL WHEN A NEW COMPANY (LTD OR (P) LTD) IS FORMED ?
Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?
how can i make transaction related to inflation account in sap ?
when apply for ragistred in central excise no
what is meant by qurum
what is pre settlements and post settlements in Derivatives?
MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?
what is your achievements?
what is the difference between f.f.s and c.f.s?
what is status report? and flow report?
why are you selecting for the profitbulity analysis costing based& active based
Difference between cash and merchantile system?