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What is vat adjustment?


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More Accounting General Interview Questions

What Is The Entry Of Partners Loan & In Which Voucher

2 Answers  


Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.

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Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?

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What does overhead mean in regards to accounting?

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Kindly tell me some journal entry of provision . 1) Make provision for Rs 100 teliphone bill on 31 March 2010. 2) teliphone bill received Rs 150/- on dated 10 Apr 2010. What will be journal entry for both case in tally.

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professional tax payment for april 2017 paid from ranbeers credit card what are the expesses booking entry in tally

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what are the document that get created in procurement to pay process ?

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Value added tax is an expense to be suffered by?

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In accounting, vat abbreviates what?

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What is mis report , how to prepare mis report for general ledger?

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why the profit of a company is shown on the liabilities side in the balance sheet

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What is the difference between P&L account and Balance Income & Expenditure account ??

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