if get the bill of rs.60000+service tax @10.3%.then how do
the entry in bookes

Answer Posted / s p yadav

Sorry Guys. I written wrong figre of previous answere


Expense A/c Dr. 60000/-

Cenvat Receivable A/c Dr. 6180/-

To Patry A/c 66180/-



Party A/c Dr. 66180/-

To Bank A/ 66180/-

Is This Answer Correct ?    8 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How many invoices on average do you handle on a weekly/monthly basis?

676


how to we pass a purchase entry in item invoice mode where some advance has been paid to the party. the purchase entry should get offset with the advance payment entry so that it does not appear in the bill outstanding or bills due list. please guide.thank you

1222


what is account reconcillation

1698


What are the accounting events that are frequently involved in compound entries?

676


we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?

1477






What is the Project Accounting in case of Real Estate or Construction Co`s ?

1948


How familiar are you with crm?

632


what are voucher entries for EPF treatment in tally

1642


Tell me the types of accounts involved in double entry book-keeping?

635


Tell me what are the key tasks for account executive?

621


sir, i want t know, i got a cheque frm sindhu (that amount i gave her as rent advance, she is returning nw) bt the cheque has cancled and bank take cheque return charges so plz give this journal entries.

911


The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.

1225


What is the double entry system explain its rules with examples?

629


what is casual receipt? is it exmpted in income tax?

3361


how sales invoices adjusted against advance received from Debtor?

1483