Received Invoice from Tvs Co. against purchase of 15 pcs of
Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?
- 6 Answers
- 6559 Views
- I also Faced
- E-Mail Answers
Answer Posted / g.siva kumar
invoice bill A/C Dr 11,250/-
4% VAT A/C Dr 450/-
To TVS co., A/c 11,700/-
(Being invoice bills received from TVS co. and 4% VAT is calculated on that invoice)
| Is This Answer Correct ? | 8 Yes | 3 No |
Post New Answer View All Answers
What is purchasing order?
What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956
What is account receivable?
A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example.
What is the general entry for charge on bank overdraft
As you know account executives need to be talented salespeople. Do you have experience making sales?
what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?
IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?
What does the abbreviation dr mean in accounting?
What does the standard journal entry includes?
What do you mean by gaap in accounting?
Hi All, Can any body Explain the End to End Flow of Product Costing in SAP with Integration Point and Journal Entries Involved in the Flow ?
sir ,can effect on wbs element after wbs selected in t code : FBCJ for cash receipt?
what are the extraordinary items?
What is meant by calendar maintenance?
