Answer Posted / loka mithra m.r

Ans. As per state wise VAT Act these two type of invoices are issued by seller to purchaser. Tax Invoice- This is issued to registered VAT dealer only or who have TIN no. On the basis of Tax Invoice purchaser can take the credit of VAT paid while discharging his VAT liability. Retail Invoice- This is issued to unregistered VAT dealer only or who have not TIN no.

cash credit taken from bank then what is the general entry?

1663

---

How P/E ratio usefull to the different people?

1839

---

x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?

1798

---

is goods in transit will be liable for entry tax ?

1350

---

what is the difference between profit center area and business are.? please make me clear.

2093

---

---

AL+w button lanunches the .............. installed web brower

1706

---

salary and rent entry with tds deduct

1357

---

What is creative accounting?

784

---

Company XYZ split 5:1 on June 30, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 5,000 $75.00 5000 April 23, 2009 $72.00 7,500 $72.00 7500 March 31, 2009 $67.00 135 $67.00 135 March 31, 2008 $275.00 531 $55 2755 November 30, 2007 $233.00 266 $46.6 1330 October 6, 2006 $1,333.00 10 $266 50

1785

---

if company give the purchase order worth of 10,000 (INR) in advance, but the seller only sell around 8,000 (INR)and remain ing Rs 2000 return to the company, so how to deal with this scenario in accounts payable in oracle, can u hide to me

1458

---

How i should sellone the mobile phone when interviewer will ask sell this phone to me?

1190

---

Explain me by saying, perpetual or periodic inventory system; what do we mean?

732

---

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

1575

---

how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com

1721

---

What is general entries for Deffered Tax?

2384

---