pLAESE TELL ME ENTRY ONE PURCHASE BILL RECEIVED THERE IS
PURCHASE AMOUNT 15000/- INPUT VAT 4%-600, FREIGHT CHARGE IS
400/ .SO THAT IS THE ENTRY
Answer Posted / jenapkumar
hai dear
here is your entry
If goods purchased and freight paid in cash.
Purchase A/c Dr 15000/-
Input Vat A/c Dr 600/-
Freight A/c Dr 400/-
To XXXX (Name of the party) 15600/-
To Cash 400/-
(Being Goods purchased vide bill No. xxx dated xxx)
| Is This Answer Correct ? | 6 Yes | 1 No |
Post New Answer View All Answers
Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000
Short Answer on _____________Revenue Budget
plz send me a solved paper on SBI of clerk post
What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
EXPAND___________IMA
what is the procedure for issuing th C form
Define control account Thanks
Tell me about how you have left a position better than you found it
please give me a last 10 years sbi clerk question and answer paper
What is Mean By FRS for HQ reporting, How To Prepare?
Office cash was stolen? state whether the following transcation is business transcation or non business transcation?
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.
Expand DPCO