What will be the Journal Entry for this?
Purchases goods from vendor worth Rs.20000.VAT included 4%.
Answer Posted / sunil
PURCHASE A/C DR. 19230
INPUT VAT A/C DR. 770
TO VENDIR A/C 20000
| Is This Answer Correct ? | 15 Yes | 9 No |
Post New Answer View All Answers
bank releted question interviw plz tel me
in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?
how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE
At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount
Did you use accounting applications at your previous companies or prefer working manually??
Do you know retail banking?
what is one way , two way matching , three way , four way matching ?
what is the format of salary slip when basic , D.A.H.R.A. ,conveyance allowence , concluded and in deduction part P.F. E.S.I. & P.Tax.
explain me what steps would you take to increase revenue for this company?
informance about performance is disclosed by
Tell me why some asset accounts have a credit balance?
Tell me how can you explain the basic accounting equation?
what is book building
what is the performa of bank reconcilation ? i want to need it and also i want to know about tds entry for various sources such as rent,contractor, commission, etc. and how we make the tds return, please tell me its very urgent?
simply define shares and debentures