Interested to Buy Any Domain ? << Click Here >> for more details...
What will be the Journal Entry for this?
Purchases goods from vendor worth Rs.20000.VAT included 4%.
- 28 Answers
- 38710 Views
- Ernst Young, I also Faced
- E-Mail Answers
Answer Posted / m v sivaiah
Purchase A/c 19231 Dr
input tax 769 Dr
to vendor a/c 20000 Cr
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Can i put opening stock in new company during closing time
What is an accounting transaction?
Explain me the term material facts in accounting?
hi, this is shanthi kumar(M.Com). i would like to attend interview in genpact company.please send finance interview questions and interview details. thank u very much
What is meant by balancing?
How many types of business transactions are there in accounting?
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)
why are accounting firms needed?
Dillution effect on EPS
journal entry for goodwill and capital bought by a new partner?
what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?
My company sent this party goods 62750 this goods is loss sundorbhan paribahan. how to create voucher
What are the different fields of accounting?
