Treatment of cst and vat, accounting, Basic Statistics

Treatment of CST and VAT in Sales Book

A supplier who expenses the CST for inter declares purchase by him, is responsible to first deposit the gathered CST from bought to Got Consideration, so he needs to keep the pillar independently for CST in the Revenue Publication, a individual account of Main Revenue Tax is created in journal and all the CST volumes are published consistently and gradually the complete of the CST quantity is placed in the Government's account.

VAT or Value Included Tax is a tax which is assessed on regional purchase within that condition only, every investment entice different rate of VAT as recommended by the Got, supplier is obligations le to cost the VAT on net purchase in his brought up consideration against the individual of the products. So in Sales Publication an individual pillar is managed displaying the VAT which is published in Journal of VAT Account while publishing the purchase of Sales.

Unique solution in accounting

 

 

 

Posted Date: 3/27/2012 4:54:09 AM | Location : United States







Related Discussions:- Treatment of cst and vat, accounting, Assignment Help, Ask Question on Treatment of cst and vat, accounting, Get Answer, Expert's Help, Treatment of cst and vat, accounting Discussions

Write discussion on Treatment of cst and vat, accounting
Your posts are moderated
Related Questions
things to be investigate in mode

Your firm purchased a line of computer equipment for $1.5M four years ago. It is assigned a CCA rate of 20% and the firm has a tax rate of 35%. At the end of this year (year 4 for

The data in the table below are the results of a random sample of recent home sales in your neighborhood that your boss has asked you to use to estimate the relationship between th

note: Raw material costs 15 500 Direct Labor Costs: 14 750 Overhead costs 11 800 plant Finished Goods 37 500 Raw materials are charged into an order that is still in the process

Define Betterment An inclusion created to, or modify created in, an investment resource, other than servicing, that is estimated to improve its predicted useful life or to improve

A researcher working for a drug company is interested in investigating the effect of storage on the potency of one of the company's drugs. 10 freshly produced bottles of the drug a

Bond premium cycle The excess of the price for which a connection is acquired or sold over its face value resulting from a disparity connecting the market rate of interest and the

CRSL has a large auditorium which can cater for 300 people and is ideal for formal balls and functions. The auditorium can also be reconfigured to cater for 100 people. The Seasons

A politician claims that the mean salary for managers in his state is more than national mean $82,000.  The salaries (in dollars) for a random sample of 30 managers in the state ar

I need to conduct an analysis' on an alcohol and substance abuse study. the data set is too large to upload . The data set is the SPSS version that I need to work from. Here is the