Interested to Buy Any Domain ? << Click Here >> for more details...
Wat is the journal entry for credit sales with vat
- 9 Answers
- 19497 Views
- I also Faced
- E-Mail Answers
Answer Posted / m.l.v
PURCHASE MATERIAL A/C...............DR
VAT A/C.............................DR
TO SUNDRY CREDITORS A/C
| Is This Answer Correct ? | 6 Yes | 15 No |
Post New Answer View All Answers
If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?
Contrast bookkeeping and accounting
What have you read in the newspapers in the last few days that particularly interested you?
under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent
how will rectify the error in trial balance.
What are the different types of gst?
What is dividend warrants?
Accounting for vc money in financials
Explain the Invoice verification process
what are the extraordinary items?
credit card expenses entry kisme pass karenge
Sir i want to ask that if the salary above 6500/- than also pf deduct.
how to prost entry for purchases with a bill
Explain what makes a successful account manager?
what is a state cheque? how it differes from stale cheque?
