Interested to Buy Any Domain ? << Click Here >> for more details...
what is journal entry for the credit sales and purchases
- 5 Answers
- 11032 Views
- Accenture, I also Faced
- E-Mail Answers
Answer Posted / dhanpal singh
vendor a/c dr
sale tax a/c dr
To inventory a/c
To sale tax payable a/c
as per tally accounting
| Is This Answer Correct ? | 9 Yes | 4 No |
Post New Answer View All Answers
Account for letter of credit in the books?
Can you name different branches of accounting?
Tell me deferred taxation is a part of which equity?
when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?
Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.
what is a register when referring to accounting or bookkeeping?
WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM
Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time
If a promoter has purchased an asset on behalf of the company before the incorporation of the same then what will be the accounting treatment to record the asset in the books of company
Real,Nominal or Personal. Where do reserves, general reserve and Specific Reserve Go? and why?
I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
What is peach tree accounting?
what is the meaning of written-off as goodwill written-off
Why do users of accounting information need accounting information?
Apportionment of expenses
