Accounts
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 August 2015
Vat paid 100000/- and CST adjestment 200000/- and vat edjestment 50000/
How to entry passed
This question is faced and interview.
please clarify my problem .
How to entry passed
This question is faced and interview.
please clarify my problem .
Amol S Joglekar
(Expert)
07 August 2015
2 separate groups are created
01. collectible or collected say vat or cst
02. payable or paid say vat or cst.
depending upon the volume of transactions, sub groups are also created RATEWISE.
the entries are accordingly passed. Given a specific transaction of PURCHASE will clarify the concept better.
01. collectible or collected say vat or cst
02. payable or paid say vat or cst.
depending upon the volume of transactions, sub groups are also created RATEWISE.
the entries are accordingly passed. Given a specific transaction of PURCHASE will clarify the concept better.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
