If Sales is Rs 1000 (Inclusive of Vat), Vat Rate - 20%, What
is Vat Payable?
Answer Posted / nilesh kumar
166.67
(1000*20/120)
| Is This Answer Correct ? | 11 Yes | 1 No |
Post New Answer View All Answers
Is financial accounting necessary?
Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-
When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?
credit card all entry pass in tally
At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?
What are depreciation and amortization?
Detail your responsibilities in accounts receivable
what is difference between budgeting and Forecasting
what is the enty for contract bill raised?
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
Please let me know Under head of Sales Advance?
What are the different fields of accounting?
what s account
what is use of cost center category in tally ? why & when use this ? what is benfit ?
How can you do credit control?