what is the journal entry?
goods purchased by ram on credit for 1000 which includes
vat rs.100 in it
Answer Posted / venugopalarao tatineni
1)Purchase A/c Dr
Input Vat payable A/C Dr
Ramco ltd A/c Cr
2)CWIP - electrical/Machinery A/C DR
Capital Vat Payable A/C DR
Ram johanyakbar c.A/C Dr
| Is This Answer Correct ? | 6 Yes | 13 No |
Post New Answer View All Answers
distinguish between Bill of Exchange and Promissory Note
What is the quality of the accountant & rights ? hansika.kk@gmail.com
what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?
Expand-------IETF
what is mean by ledger
how to entery pass in tally when items damage(items insured)and claim to insurance co.
Which document should be attached with purchse & sales invoice?
plz tell me the finance questions asked in hsbc latest question asked in hsbc?
Expand--------AA
what do you mean indirect expanse in trading business?
what is waybill key number & how can it be issue?
please give me a last 10 years sbi clerk question and answer paper
what tax will be on puchasing of sweets and is necessery to use form 38.
An applicant paid excess amount to the Government Office through a demand draft for a particular permission/license instead of actual fees. Later he went to government office and requested to return the previously submitted demand draft. Can he get back the Previously submitted demand draft(which was not adjusted into government account) duly paying he actual fee?
what is difference between venture capital financing and equity financing?