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difference between retail invoice & tax invoice
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Answer Posted / deepak
RETAIL INVOICE:WHEN THE SALE OF GOODS TO UNREGISTERD DEALER
LOCAL STATE OR REGISTER DEALER OF OTHER CENTRAL STATE, THAN
MAKE A RETAIL INVOICE
TAX INVOICE: WHEN THE SALE OF GOODS TO LOCAL REGISTERD
DEALER THAN MAKE A TAX INVOICE NOT OTHERS DEALER
| Is This Answer Correct ? | 11 Yes | 5 No |
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Name some errors which can be detected by Trial Balance
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EXPAND______________ICC
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
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