A Vat account debit balance reported in the year end trail balance would represent?
Answer / ge the maestro
An asset Input Vat balance(A debtor) which means the receiver of revenue owes us(the business)
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suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.
WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?
pls friends pass journal entry for purchase returns to x with example?
Explain me do you think accounting standards are mandatory and why?
golden rules of accounting
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
Your marketing company has been working on a consulting project for a client. Your team has worked on the project for two months, and it is now year-end. The project will be completed by February of the next year, and the client has not yet been billed. For the financial statement, how should project be classified?Should the costs associated with an uncompleted consulting project be classified as a work-in-process asset on the balance sheet or should the cost be expensed on the income statement as a part of the doing business?why?
How can you do credit control?
what is insurance ? how many types of insurance?
What is different between cash accounting & Mercantile Accounting ?
please tell me what is journal entry for salary: Gross Salary 10000 and net salary 75000.
Do you know any other accounting application?