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what is the entry to be made for vat when any purchase is
made in that bill vat amount is included ?

Question Posted / sainath

Answers were Sorted based on User's Feedback



what is the entry to be made for vat when any purchase is made in that bill vat amount is included..

Answer / uttam kumar

PURCHASE A/C Dr.
Vat input A/c Dr.
To Party A/c Cr.

Is This Answer Correct ?    15 Yes 1 No

what is the entry to be made for vat when any purchase is made in that bill vat amount is included..

Answer / radhika

PURCHASE A/C DR.
PARTY A/C

Is This Answer Correct ?    3 Yes 7 No

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