Wat is the journal entry for credit sales with vat

Answer Posted / lokesh reddy

customer ac dr
to sales
vat

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

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 ?

2066


were you happy with the grades you achieved at a-level?

610


what is bank aceleted?

1650


explain the relevance of closing stock account in trading a/c when preparing the gross profit?

2060


Explain me what is assets minus liabilities?

598






Assigning natural account to accounting seg. What will happen

1593


What is accounting for plant assets?

676


Tell me how can you explain the basic accounting equation?

614


what is profit maximisation

1638


hi to all.... what is the treatment for Work-In-Progress in Tally...please answer for it as early as possible... thanks & regards

1649


please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com

1463


what is the diffrence between cash flow & cash fund?

1604


What is the important of computerized accounting to manual?

664


What is the fictitious assets?

637


What are accounting rules called?

651