Answer Posted / mohd kadir

than the entry will be

B a/c Dr for Rs 100/-
And C a/c Cr for Rs 100/-

because you are asking for journal entry according to this
journal entry the liabilities of party b has been end and
the liabilities of c has been arise than now we can pay
C a/c Dr 100/-
Cash 100/-

What is difference between cash flow and funds flow?

2275

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We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.

2428

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