Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

if firm sales tax paid , under which ledger and subledger
it would be posted? give brief information

Answer Posted / sandeep

credit the actual sales value,
credit the sales tax portion,

debit the venodr with total value,

@ the time of deposit sales tax debit the sales tax a/c.

thanks

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Hi, I am working in MNC, I Want to Know about TDS. What is Deposit date of TDS for all categaries & Which challan or Form What is date of Submit tds return quarterly for in a Company & Which form fill up

2109


What is the difference between the excise duty and the sales tax?

1119


We have got 5 firms. Same partner only running all the firms. Salary is going from one firm. But if we go for PT registration it is asking number of employees. I don't know how to fill the form in online. Any one can help me?

1948


What do you mean by fair rent?

1188


we are a manufacturer unit can we purchases of building material agst form "C" or vat C4?

1966


Which income is considered as accrued income?

1056


IF a vendors charges WCT @8.75% what is the rate of TDs to be deducted against that? & can we take the Input of it?

5748


At present what is the rate of excise duty on sale of Weigh Bridge Machinery to out of state from Karnataka.

2410


my manufacture company established in Excise exempted Area. and we pay freight to transpoter.& also deduct service tax.what will be the entry of this transaction. can i adjust this service tax payable from input service tax of telephone bill.

1927


What are the streamlined sales and use tax agreement?

1086


IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH

4588


We are Interior Decorators in Chennai,Tamilnadu. I would like to know the vat applicable for us 14.5% or 5%. We supply the material and do the works at the sites itself.

2606


how to calculate tax for the income earners

2211


can we do manual tds return file or r-tds is complusry? if we can do manual tds return file, where i have to go for return file. like we go to income tax department for Income tax return file in manula tds case.

2547


What is supporting documents enclosed & must be required to Submit of quarterly & Yearly Sale Tax Return (Haryana)

1904