Answer Posted / e. guru prasad
Purchases a/c dr
To Sundry Creditors' a/c
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Purchase and sales sahres accounting entry which have stt brokerage and other taxes
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IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?
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