Answer Posted / dinesh
If VAT is receivable (ie on purchase bill) it is asset.
if Vat is payable (ie on sales bill) it is liability
| Is This Answer Correct ? | 84 Yes | 17 No |
Post New Answer View All Answers
what supporting documents do we vouch to for sales, purchases, receivables, payables, sales cutoff, and liabilities cutoff?
What are intangible assets?
i read in andhra bank recruitmentin that i saw english languages marks are eligible what is that eligible mark
Do you know what are the reasons for getting audited?
What is audit control procedure?
May deduct TDS Froma reseller ?
What is the purpose of meeting in audit?
What is pr ? why it is prepared and what is its purpose ? who is responsible for preparing it ? And on any fault in it who is liable ? And what will happen if fault comes ?And What are major reasons of fault ?
what are procedure we need to do at the time ACTO VISIT FOR AUDIT OF VAT .
promotions of a new apointed auditor in cgda.
What is the mean of decommission liability?
can external audit be seen as merely an overhead cost adding no value to the orgnisation
i want question papers audit staff selection examination
Tell me that how I can evaluate the internal control audit?
Why does a systems auditor need to use professional judgement when selecting audit procedures?