Sale value
This query is : Resolved
CA Mahesh Gurjar
(Querist)
11 December 2009
Dear Experts
A Sale of a Company Rs. 110000(including Rs. 10000 of Output vat)
Please tell me in above case how much amount show in Sale a/c
A Purchases of Company Rs. 100000(including Rs. 10000 of Input vat)
Please tell me in above case how much amount show in Purchase a/c and Profit and Loss a/c
and How much amount will debit in Indirect Expense as a expenses
Regards
Mahesh Gurjar
A Sale of a Company Rs. 110000(including Rs. 10000 of Output vat)
Please tell me in above case how much amount show in Sale a/c
A Purchases of Company Rs. 100000(including Rs. 10000 of Input vat)
Please tell me in above case how much amount show in Purchase a/c and Profit and Loss a/c
and How much amount will debit in Indirect Expense as a expenses
Regards
Mahesh Gurjar
Ram Avtar Singh
(Expert)
11 December 2009
Sale and purchase both 100000 lakh
input vat set of by out put vat
all exps accured actulal shoud be accounted.
in your case No profit & No Loss
No. Exps.
No Income.
input vat set of by out put vat
all exps accured actulal shoud be accounted.
in your case No profit & No Loss
No. Exps.
No Income.
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