Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
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

Answer Posted / b.srinivasulu

Purchased a/c dr 900
vat a/c dr 100
to Ramkumar A/c cr 1000

(Bg credit purchaed by Ram)

Is This Answer Correct ?    6 Yes 10 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE

2194


what is your achievements?

1980


let me know the difference between net cash flow and income

2257


what is contigent liabilities? whats it status in balance sheet?

2220


intorduse your self ? what to say if iam fresher.

2599


Is WCT paid to be considered as overhead during costing in construction firm?

2008


my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

1927


What was the most chlleging task you face while working in SAP FI/MM and how did you solve?

1943


Telly ERP9 is perfect accounting softwear in excise unit.

3750


How can retify the errors in the trial balance

2255


what is mean by T and E cosept

2050


EXPAND______________ICT

1956


Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful

2082


How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer

1731


paid two years rent N1200, bought Motor van for cash N3000

1994