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 entry to be made for vat when any purchase is
made in that bill vat amount is included ?

Answer Posted / uttam kumar

PURCHASE A/C Dr.
Vat input A/c Dr.
To Party A/c Cr.

Is This Answer Correct ?    15 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Proprietor paid amount of Rs. 11060/- for car insurance. Pass Journal.

1387


what are your current financial and accounting projects? What is your role?

2821


The Horse bought rs. 2000 on Jan.20th died, its carcase was sold for rs.50 loss rs. 1950 what is journal enty

1823


How do you prepare a balance sheet from a trial balance?

1044


What is accrual accounting?

1226


in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.

2067


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?

1037


sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?

1898


what are the extraordinary items?

961


Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales

1636


we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.

2074


What software applications have your used for accounts receivable?

1055


saji become insolvant -what is journal entry

1695


how to calculate forefeiture of share when over subcription

2189


Define fictitious assets?

1213