if get the bill of rs.60000+service tax @10.3%.then how do
the entry in bookes
Answer Posted / narayan pawar
Purchase A/c Dr 66180
To sundry creditors A/c 60000
To service tax paid A/c 6180
| Is This Answer Correct ? | 11 Yes | 5 No |
Post New Answer View All Answers
How to post salary advance transfer from one branch to another branch ?
What is fbt (fringe benefit tax)?
WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?
Revenue Expenditure
what is the deference between depreciation explanation
Compare financial accounting and cost accounting.
Is buy or sale trade will impact on Nov? Yes/No Please explain.
Tell me do you have any idea about service tax or excise?
what are the charecteristics of cost accounting financial accounting managment accounting payroll accounting environmental accounting h r accounting forensic accounting inflation accounting?
I wana give interview as a accountant what the question will asked by interviewer ??? Please suggest me so I can clear inteview. abhinandan
What are control ledgers?
A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME
What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%
My boss said to me "Calculate Tds for the month of may 2018 from bank statement". my Boss business is Proprietorship of Construction and designing work. How I can calculate Tds liability.
What Entery Should Made When Godown Rent Paid in Advance At The Time Of Agreement.Transation Is as Below * Rent Paid To XYZ (OWNER OF PROPERTY) For Running Month. * One Month Rent In Advance Tenent will Always pay rent amt 1st of every month. How can we do entry every month and How can party's a/c will due on ending every month. How can party a/c Show ADVANCE RENT. Please enter every entery including JV. With time when it is necessary.