Answer / dharmendra jha

Journal Entry for making Invoice
Party A/c ......Dr.
To, Material A/c
To, Output Vat A/c


Journal Entry for vat reconcilation
output vat a/c ......Dr
To, Inputvat A/c
To, Bank/cash A/c (Diff. of output-input)


Journal Entry for receiving the payment
Bank A/c .............Dr
To, Party A/c

what is difference between income and gain?

1 Answers  

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Do you know what is balance sheet?

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where will lostv appear in balance sheet?

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Allowances means-mobile, trawling is direct exp or indirect exps

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parent company loss deduct from subsidiary company proft

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If ABC security service provider monthly bill for the month of Jan is Rs.2,00,000/- including TDS 2% and Service Tax 12%, Edu.Cess 2% and SHE Cess 1% what is the journal entry.

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What is project implementation?

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