What will be the Journal Entry for this?
Purchases goods from vendor worth Rs.20000.VAT included 4%.
Answer Posted / kaipu.srinu84@gmail.com
purchage A/c dr 19231
inputtaxA/c dr 769
to cash 2000
Is This Answer Correct ? | 30 Yes | 25 No |
Post New Answer View All Answers
What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.
What is the difference between deferred revenue and accrued revenue?
Dear Sir I had already export to dubai. now I am to know that can I enter this sale entry in RG1. pls guide me.
what is cost unit n what is cost sheet?
Why do users of accounting information need accounting information?
What does the word credit mean in terms of accounting?
In accounting, how do you define the premises?
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.
How do you build a successful business relationship?
Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?
in Sensex and Nifty, what is the measure to take the points
How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.
What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.
Explain how you can adjust entries into account?
What is the difference in accounting and marketing?