How to pass journal entry for vat return entry
Answer Posted / deep nisha
Dr. Output Vat
Cr. Input Vat
Cr. Vat Payable
Dr. Vat Payable
Cr. Bank/Cash A/C
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is the procedure to take loan
How shall I calculate the true profit of my business, as I am a layman for accounting.
what is corporate accounting?
What part can management policy play in the analysis of cost behaviour?
DESCIBE EXPORT PROCEDURE
What is Home Loan Modification?
what is Sums on Finalization of Accounts?
Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
explain sales/purchase accounting?
What do you mean by custodian/Depository, & what are the different types of Depository? (NSDL/CDSL)
what is the script forms standard text in fico
plz tell me the finance questions asked in hsbc latest question asked in hsbc?
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
Expand---------ODMT
Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?