What will be the Journal Entry for this?
Purchases goods from vendor worth Rs.20000.VAT included 4%.
Answer Posted / sunil
PURCHASE A/C DR. 19230
INPUT VAT A/C DR. 770
TO VENDIR A/C 20000
| Is This Answer Correct ? | 15 Yes | 9 No |
Post New Answer View All Answers
Tell us how can you define departmental accounting?
Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-
how can we get a leaverage in intraday market if are not a professional acount holder?
entry for cash received from debtors
What is capital adequacy ratio? What is demat account?
What do u mean by press releases
List out some of the accrued expenses and the accounts in which you would record them?
Cash Processing
Tell me how you can adjust entries into account?
In the absence of any provision in the partnership agreement, profits and losses are shared (a) In the ratio of capitals. (b) Equally. (c) In the ratio of loans given by them to the partnership firm. (d) None of the above.
Explain miscellaneous expenditures & profit and loss account debit balance
formula of reduction in tax credit of vat form 201(gujarat)
Do you possess any knowledge about accounting standards?
Tell me deferred taxation is a part of which equity?
wht is different between defered tax liablities and defered tax assets??????