A business sold goods valued at R1000 excluding vat on credit to a customer. What would be the debit to the customers account if vat is 14% ?
Answer / shivangi
Debtor/ Customer A/c Dr. 1140
sales A/c. Cr. 1000
vat output Cr. 140
| Is This Answer Correct ? | 0 Yes | 0 No |
Please explain ASAP?
in accounting process there is summerizing. what is sumarizing? and an relevant example of summarizing?
what is accural ledger
3 Answers Bank Of America, HSBC,
What is meaning of invoice?
What is Journal Entry for Booking & paid Telephone Expenses.
i have puchase a vehicle on 1st of jan 2006 for Rs 40000 and charegd depriciation @25% P.A and sold vehicle on 31st of dec,2009 RS 10000 what are the general entries related to this question.
Sold goods to Gasha 600 by cash
If i pay for general expense (and party provide me gst details) through credit card then how i can enter party details
what is tds and rate of tds
gold purchse
WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE
Bank reconciliation statement