What will be the Journal Entry for this?
Purchases goods from vendor worth Rs.20000.VAT included 4%.
Answer Posted / manish goel
purhase A/C dr. 19200
Input vat 4% A/C dr. 800
To Vendor A/C 20000
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Private purchases amounting to rs 5000 have been debited to purchases account
WHAT ARE THE DIFFICULT ELEMENT OFF JOB
My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523
We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?
What does the financial statement of the company include?
non cash or bank income or expense
What does the investment of personal assets by the owner will do?
what is bank aceleted?
How use Budget in SAP, i want to see the report of variant between budget and actuals.
A Company has not deposited its ESI /PF dues from 01-04-10 till 31-12-10 in a year (Both the shares). What is the maximum time limit for that and is the liability as on date. Management wants to daly at the maximum, but want the calculations of each & every aspect- monthwise. The avrerage no. of employees are 50 and the salary is around 2.00 to 2.5 Lacs per month.
what is the due date of 28th feb
What is account in accounting?
Do you think accounting standards are mandatory and why?
What action could be taken by you and your manager to improve your performance in your current position?
Pls tell me the basic rules of accounts for interview in finanace or accounts section