Wat is the journal entry for credit sales with vat
Answer Posted / prasad
party a\c .........dr
TO sales a\c
to output vat a\c
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Is it possible contra entry in SAP FICO
Explain what is involved in the process of double-entry accounting?
What are the criteria for accounting job?
Explain what is ledger?
Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?
what is the right process for input credit of Service tax. and on which service i can take credit.
Why we debit expenses and credit incomes ?
What is an ea in accounting?
Explain me how much mathematics knowledge is necessary or required in accounting?
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?
Tell us what is icai?
As you know excellent communication skills are at the core of this position. Do you have experience with interpersonal communication in a professional setting?
Do you know any other accounting application?
The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above
please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.