WHAT ENTRY PASSED IN BOOOKS OF ACCOUNT IF INVOICE BILING AS
UNDER :.
SUB TOTAL = 428325.45
VAT @12.5%= 53540.68
Additional vat 1%= 4283.25
ORDER DISCOUNT = (9722.99)
ROUNDED OFF = 0.39
--------------------------
NET AMOUNT = 476426.00
- 2 Answers
- 3527 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / asif beg
ENTRY :.
PURCHASED A/C DR. 428325.45
VAT ON PURCHASE A/C DR. 57823.54
TO PARTY A/C 476426.00
TO DIS. REC. 9722.99
(BEING GOODS PURCHASED)
THANK YOU
| Is This Answer Correct ? | 13 Yes | 3 No |
purchase a/c Dr 4,28,325.45
input vat 12.5%a/c Dr 53,540.68
additional vat 1%a/c Dr 4,283.25
To discount received a/c 9,722.99
To party name a/c 4,76,426.00
To round of a/c .39
(being purchased goods)
| Is This Answer Correct ? | 2 Yes | 0 No |
plz tell me Agar koi co. ka exp. generate ho or uski payment cash se ki jaye to hume wo exp. book krne ke liye payment ki receipt leni jaruri hai bina receipt ke entry krna sahi h ya galat..??
what is tds rates for company / indivisuals?
Are you comfortable with cold-calling?
debt equity ratio
How much statistics knowledge is necessary or required in accounting?
process for creating a balance sheet
Why is it necessary to prepare Asset Disposal Account?
tion betweeninradius and circumradius of an equilateral triangle?
In manufacturing co at what time entry tax shall be applicable
how can we copy and paste an whole entry in tally9?
what ia mean by tally?
11 Answers HSBC, ICICI, TCS,
Tell me in which account does the unpresented cheque will get recorded?
Audit 
