If Sales is Rs 1000 (Inclusive of Vat), Vat Rate - 20%, What
is Vat Payable?
Answer Posted / maqbool ahmed
1000*20/100
166.67 vat payable
833.33 is sales (execulding vat)
the total sales for 833.33 and vat payable 166.67
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
what are the basic elements to prepare a quarterly information system and how to calculate that items?
Do you know balancing in accounting?
Explain me your current/former role, your responsibilities, and how success is/was measured?
sir ,can effect on wbs element after wbs selected in t code : FBCJ for cash receipt?
What is the difference of cost accounting and financial accounting?
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?
how many types of currencies are there in oracle r12
Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?
What GP resew of balance sheet taking.
Please explain the difference between provision and reserve?
What is the networth percentage observe by banks
Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%
Explain what is bank reconciliation?
what stock transfer applicable in sister concern unit.
Can share warrants issued by the company be considered as potential equity shares? If yes, then will it be considered for calculating dilutive EPS?