Interested to Buy Any Domain ? << Click Here >> for more details...
what is the journal entry?
goods purchased by ram on credit for 1000 which includes
vat rs.100 in it
- 19 Answers
- 50386 Views
- IBM, Shreyas, I also Faced
- E-Mail Answers
Answer Posted / annapurna
all purchases must be debited hence debited
Vat tax which is added to purchases is an input tax All
input taxes will be debited.Any payable is a liability and
will be always on credit side only.Here Ram purchased from
somebody so somebody(supplier) has to be credited
| Is This Answer Correct ? | 9 Yes | 5 No |
Post New Answer View All Answers
Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance
what type of questions are asking for fund administration???
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
Short Answer on __________Event
what is the meaning of call in arear
What do you define in customizing for the payment program? FBZP (Any 2 Answer) • Bank subaccount ( BANK DETRMINATION SCREEN. ACCOUNTS) • Forms of the payment media ( PAYING COMPANY CODE) • Available amount (BANK DETERMINATION, AMOUNTS) • Assignments for the profit center • Prerequisites for the debit balance check
what is the procedure of interview question in genpact
How are fund-raising and publicity and management and administration costs apportioned over funds?
What is mean by Reserve on Consolidation?
what is GL Balance
Have you worked with other on team endeavors
is advance against FD or RD is treated as NPA .if EMI is not in scheduled . or classification of npa as per day is is made from sanction date or last payment date of repayment . please suggest me
what is the difference between Tally ERP and SAP FI ECC?
