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 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


Please Help Members By Posting Answers For Below Questions

bank releted question interviw plz tel me

2662


in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?

5124


how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE

2513


At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount

1521


Did you use accounting applications at your previous companies or prefer working manually??

1097


Do you know retail banking?

1254


what is one way , two way matching , three way , four way matching ?

1926


what is the format of salary slip when basic , D.A.H.R.A. ,conveyance allowence , concluded and in deduction part P.F. E.S.I. & P.Tax.

3894


explain me what steps would you take to increase revenue for this company?

1078


informance about performance is disclosed by

2271


Tell me why some asset accounts have a credit balance?

1164


Tell me how can you explain the basic accounting equation?

1123


what is book building

2358


what is the performa of bank reconcilation ? i want to need it and also i want to know about tds entry for various sources such as rent,contractor, commission, etc. and how we make the tds return, please tell me its very urgent?

2305


simply define shares and debentures

1793