if get the bill of rs.60000+service tax @10.3%.then how do
the entry in bookes
Answer Posted / narayan pawar
Purchase A/c Dr 66180
To sundry creditors A/c 60000
To service tax paid A/c 6180
| Is This Answer Correct ? | 11 Yes | 5 No |
Post New Answer View All Answers
How can you explain the basic accounting equation?
List out things that fall under intangible asset?
What are the different types of gst?
What are the basic assumptions in accounting?
Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf
what is loan operations and what are the complete process form from making customer to closure of loan
What is journalizing?
what is casual receipt? is it exmpted in income tax?
why i want to join Hawkins company
Why some asset accounts have a credit balance?
examole of cash to cash contra entry
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
Account for letter of credit in the books?
how to record the full and final settlement of employee (salary payable,other payable,,....) when he leaves the company ? or how to pass the entry for that ?