what is the journal entry?
goods purchased by ram on credit for 1000 which includes
vat rs.100 in it
Answer Posted / venugopalarao tatineni
1)Purchase A/c Dr
Input Vat payable A/C Dr
Ramco ltd A/c Cr
2)CWIP - electrical/Machinery A/C DR
Capital Vat Payable A/C DR
Ram johanyakbar c.A/C Dr
Is This Answer Correct ? | 6 Yes | 13 No |
Post New Answer View All Answers
what is Functional Specification in SAP FICO?
is it necessasary to make a partnership deed
what is Ratio Analysis ?
what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.
bill to addres? ship to addres? rimit to address?
Difference between cash and merchantile system?
Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000
How to maintain Purchase Orders ? Please explain by proper format.
Expand CCIT?
What is contract accounting?
why do we charge the depreciation
What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?
Expand---------MRDT
Expand DEHM
different between acconting and elective mathematics