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...

what is the journal entry?
goods purchased by ram on credit for 1000 which includes
vat rs.100 in it

Answer Posted / adeel

purchases A/c (dabit) 1000

ram A/c (credit ) 900
VAt A/c (credit) 100

Is This Answer Correct ?    2 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

1.explain the accounting concepts ? 2.what are the objectives of preparing a trail balance ?

1990


what are all the formulas used in bank to calculate their economy

2058


what is Rectification of Errors ?

2197


How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?

2111


What is combination?

2084


what is the difference between Assets Allocation & Security selection?

2810


Nature of training account with reason

1529


which Electrical items is Exciseible

2216


what you mean by cross dunning

2191


What are the names of the codes which are needed for RTGS ? Payment and wire transfer respectively ?

1741


what is internal audit

1992


what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching

1834


Name the Accounting Concepts

2070


what is ledger account

2035


Expand ----------GIDB

2066