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 / muba.mukadam

Purchase a/c.....................Dr
VAT a/c...........................Dr
to Vendor

Is This Answer Correct ?    2 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Who owns the general ledger?

1006


What are the differences between contrast bookkeeping and accounting

987


1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).

2001


Tell us why did you select accounting as your profession?

1018


Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?

1847


How is scrap value calculated?

1103


I'am accountant working in a trading concern. I wish to become an accountant in a manufacturing/construction company.are there any books available in the market from which I can get an Idea as to how accounts are prepared and maintained for a manufacturing/construction company.

2015


What is the limitaion of the Trial Balance?!

2105


In accounting, how do you define the premises?

1196


Can it be possible to transfer FCRA funds to an ngo who don't have FCRA registration no.

2521


could i know how to accounting lease intrest ?

1951


Is it compulsary to give TOEFL for applying US visa.

2041


Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)

2019


I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.

1715


What are the objects of cost accountancy?

1104