How to pass journal entry for vat return entry
Answer Posted / mohd sameer
in purchase case.purchase always debit.and payment by cash
so cash credit.and input vat credit...
purchase a/c dr
To cash/bank
To input vat.
case of sales
cash a/c dr
output vat a/c dr
to sales
| Is This Answer Correct ? | 2 Yes | 4 No |
Post New Answer View All Answers
Hi frnds, can any one tell me how much funds has to be there to convince financially sound during the visa interview and what supporting documents has to be produced. What is backlogs means.....hope the best known will answer.
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching
Do you need an income statement if you do part time contract work at home?
What is PE ratio formula ?
EXPAND_________TOEFEL
what is purchase consideration? How does it come about and how is it treated in the books?
what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting
How & When We Calculate Deffered Tax... Please Give me Some Example.?
what is accounting in automobile
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?
what is the system of accounting and banking in cooperative bank?
Name some errors which can be detected by Trial Balance
What is meant by consignment