Answer / krushna

Centre for Technology and development

PLEASE EXPLAIN DEBIT NOTE & CREDIT NOTE?WITH THE FOLLOWING QUESTION? 1)IF X LTD.SOLD MATERIAL @ RS.112500/-WITH INCLUSIVE VAT @ 12.5% TO HIS SUPPLIER(CREDITOR),BUT AFTERWORD THEY FOUND THAT THE MATERIAL COMES UNDER 5% VAT RATE CATEGORY.SO HOW THEY ADJUST THEIR LOSS RS.7500/- IN THEIR BOOKS? 2)IF X LTD.SOLD MATERIAL @ RS.112500/-WITH INCLUSIVE VAT @ 12.5% TO HIS CUSTOMER(DEBTOR),BUT AFTERWORD THEY FOUND THAT THE MATERIAL COMES UNDER 5% VAT RATE CATEGORY.SO HOW THEY ADJUST THEIR LOSS RS.7500/- IN THEIR BOOKS?

1 Answers   URC Construction,

---

what is status report? and flow report?

0 Answers   Genpact,

---

Received goods from Mani in response to the order placed with him. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1 Answers  

---

wht is bills receivable and bills payable

2 Answers  

---

what is journel entry

3 Answers   Cognizant,

---

---

Let me know why we debit expenses and credit revenues

3 Answers  

---

WHAT ARE THE TDS RATES ON VAT IN ANDHRAPRADESH STATE.

3 Answers   Genpact,

---

Expand F I E

1 Answers  

---

Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry

0 Answers  

---

what is automatic payment in sap fico

0 Answers  

---

What is capital gains?

2 Answers   Brigade,

---

you went outside to purchase vegetagles, suddently big rain came then what you will do

0 Answers   Sitel,

---