Accounting entries for rever mechanism
Querist : Anonymous
pls guide me how to take entires as per below (manpower supplying)invoice we are the service receiver
invoice
wages---- 171064
spl allow 227841
epf 13.61 23282
total 422187
service chares 29553
total invoice val(ex tax) 451740
total sertax 12.36 55835
total value 507575
-tax payable by sr 75% 41876
amt payable by sr to sp 465699
sr payable by sr 13959
total invoice amt 465699
less tds 4657
461042
pls give me accounting entries for this and how much amt we can utilise as cenvat cr this urgent pls give valuable answer
pls journal entries and cenvat amt
Querist : Anonymous
sorry I cann,t understand the answer if you dont mind can give clear as per above ex.,
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