sir
if my telephone expense rs 1000 and cgst rs 60 and sgst rs 60 .... and the bill comes in 5th april 2020..... what will be the provisional journal entry in 31st march 2020?????
sir plz reply
Menu
Gst year ended provisional entry
Replies (5)
Quick Summary
Telephone Exp .....Dr.
To Telephone Expenses Payable
To Telephone Expenses Payable
And in april the entry will be
telephone exp payable dr
gst dr
to bsnl a/c
am i right?
telephone exp payable dr
gst dr
to bsnl a/c
am i right?
Yes....
You mean expense will be shown in march 2020 and gst input taken in april 2020????? as invoice raise on april..... before raising invoice we can not taken input gst..... right sir?????
Yes....
Recent Topics :
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
Related Topics :
CAclubindia
