Wat is the journal entry for credit sales with vat
Answer Posted / lokesh reddy
customer ac dr
to sales
vat
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is accounting & why it is used?
What is BRS Adjustment entry?
As an importer of goods through letter of credit, (payment is done through indian bank to foreign back), my question is who is liable to pay with holding tax when the payment is remitted to foreign bank, whether the buyer(importer) or the seller and why?
whether bills of exchnge can come under the category of reserves and surplus
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example
Explain miscellaneous expenditures & profit and loss account debit balance
If balancing account is not assigned to company & is assigned to department wat will be the effects
what is gl a/c? & why is it maintain
what is windows dressing final accounts?,sales a/c belongs to which a/c type?
Do you know what is icai?
X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?
How you can adjust entries into account?
what is the nature of profit and loss approprition account.which entity prepare this.