What will be the Journal Entry for this?
Purchases goods from vendor worth Rs.20000.VAT included 4%.
Answer Posted / shilpa
By purchase A/C DR. 19231
BY input vat 4% DR. 769
TO vendor A\C 20000
| Is This Answer Correct ? | 5 Yes | 5 No |
Post New Answer View All Answers
What is the important of computerized accounting to manual?
{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?
In accounting equation what is the treatment of investment in shares??
April-25 Paid to Mr. Y in full Settlement by Cheque Rs. 4800. April-26 Received a cheque from Mr. B in full settlement Rs. 4900.
Tell me where do generally accruals appear on the balance sheet?
What is account payee cheque? Expand ctc cheque?
Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!
Is an "account receivable" and "goodwill" real accounts in accounting?
how many types of currencies are there in oracle r12
Spinoff,Spelloff
A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.
kindly send the TDS tariff on Security expenses, rents, transport charges etc.,
Where I can Found Cost Reduction Techniques Implemented by Various cement Companies
How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power
What is consignment cycle.?Explain the steps involved in the Consignmet..?