Interested to Buy Any Domain ? << Click Here >> for more details...
input vat and out put vat comes which head?
- 3 Answers
- 21098 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ethomba
INPUT VAT - CURRENT ASSET
OUTPU VAT - CURRENT LIABILITY
OPEN CONTROL ACCOUNT, TRANFER BALANCE TO CONTROL ACCOUNT,
AND PAY THE BALANCE IF ANY.
| Is This Answer Correct ? | 36 Yes | 2 No |
Answer / sharma
vat input & vat out put are come in duty & taxes
| Is This Answer Correct ? | 23 Yes | 9 No |
Answer / mallesh
Input Vat comes under current asset
output Vat comes under current liabilities
Vat Payable come under duties & taxes comes under liabilities
| Is This Answer Correct ? | 13 Yes | 2 No |
I am maintaing books of accounts a Software Co. Kindly advise me Account Head of these exps. (Software Exps.,Internet Exps., Video Exps.,Server Maint.Exps.,& SMS Exps.,) Thanks
whts is the meaning of over cost and under cost, what is difference ?
WHAT ARE LIMITATIONS OF ACCOUNTS ?
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
what do you mean by contra entry? and where it is used?
34 Answers Accenture, AXA, L&T,
Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.
EXPAND______________PGDC
wht is bills receivable and bills payable
what is the retainned earnings account? why are you take for the x?
Is Advertising expences treated as capital expenditure or deffered revanue expenditure
Sir i am fresher and i am going to join in an educational institution can you give me suggestions regarding how to work with Tally and what type of entry's may i get there.
We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts ..............
Audit 
