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i have paid the vat amount for the financail year 2009-2010
in the financail year 2011-2012.how to pass journal
entries
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Answer / madhukar nimbalkar
vat payable (2009-10) a/c. Dr
To bank a/c. Cr.
narration:- tws vat payment made for finalcial year 2009-10
by internet.
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Answer / shivam
if a prop.Firm or Partnership amount is less in account of
capital account and in the case of company amount is less
in reserve and surplus account.
| Is This Answer Correct ? | 1 Yes | 1 No |
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