Wat is the journal entry for credit sales with vat
- 9 Answers
- 16152 Views
- I also Faced
- E-Mail Answers
Answer Posted / sandip
Parties A/c Dr,
To Sales A/c Cr
To Output VAT A/c Cr
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
Can i put opening stock in new company during closing time
What is liabilities and what all does include in current liabilities?
What is trial balance? What does an accurate trial balance suggest?
Explain the accounts payable cycle
What is the difference between inactive accounts and dormant account?
What Entery Should Made When Godown Rent Paid in Advance At The Time Of Agreement.Transation Is as Below * Rent Paid To XYZ (OWNER OF PROPERTY) For Running Month. * One Month Rent In Advance Tenent will Always pay rent amt 1st of every month. How can we do entry every month and How can party's a/c will due on ending every month. How can party a/c Show ADVANCE RENT. Please enter every entery including JV. With time when it is necessary.
While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated
Explain me bills receivable?
when we purchase of tractors and two wheeler vehicle from other state what we get taxes exemptions
Pls tell me the basic rules of accounts for interview in finanace or accounts section
Differentiate between consignor and consignee?
What else ? This is the question asked to me every where every time while facing interview. I want to know is this a real question for accounting? If yes haw or if no How? I am really confuse.
What does the word credit mean in terms of accounting?
what is the last date of deposit TDS on liability for the assessment year 2010-11
What is the entry for provision?
