Interview Questions Answers in Accounting General, Accounting AllOther

asif beg

{ City } agra
< Country > india
* Profession * account executive
User No # 87392

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WHAT ENTRY PASSED IN BOOOKS OF ACCOUNT IF INVOICE BILING AS UNDER :. SUB TOTAL = 428325.45 VAT @12.5%= 53540.68 Additional vat 1%= 4283.25 ORDER DISCOUNT = (9722.99) ROUNDED OFF = 0.39 -------------------------- NET AMOUNT = 476426.00

2 Accounting General 4225

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Question { 74920 }

What is C form? In C form 'C' means what

Answer

C FORM IS THE FORM WHICH IS UTILISE IN CENTRAL SALES OR PURCHASES FOR PAYING NORMAL OR REDUCE CST RATE AT PRESENT @ 2% OTHERWISE HIGHER RATE. IF WE PURCHASES GOODS FROM OUTSIDE THE STATE THEN AGAINST THESE PURCHASES ,WE WILL SENT C FORM ON BEFORE TAX AMOUNT IN PRESCRIBE MANNER.

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