What will be the Journal Entry for this?
Purchases goods from vendor worth Rs.20000.VAT included 4%.
Answer Posted / rajiv ranjan
PURCHASE A/C DR. 19231
INPUTVAT 4% DR. 769
TO VENDER A/C 20000
| Is This Answer Correct ? | 7 Yes | 3 No |
Post New Answer View All Answers
What does a demo/presentation need to be effective?
What is your greatest achievement and why?
what is a difference between public and private accounting?
what made you take up present subject/area of specialization and what would you define as your career objectives
What are premises in accounting sense? What is vat adjustment?
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?
What is the difference between deferred revenue and accrued revenue?
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity
In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer
Please would you provide me with a defenition of Cycle count tolerance ? Thank you
List out some of the accrued expenses and the accounts in which you would record them?
What was the most difficult deal you had to close?
Define fair value accounting?
What is the master account?