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
If an exact answer isn''t possible, I really just need a guide. The company we are using is GameStop Corp, listed as GME on the NYSE. Using the supplied information and referring

Consider the given below. T _ tall is dominant to dwarf (tt). Y _ yellow seed is dominant to green seed (yy). P _ purple flower is dominant to white flower (pp). If plants wi

Prior to the last payroll period of the calendar year, the cumulative earnings of Employer A were $105000. The earnings for the last payroll period of the year which will be paid o

Sales from a leading motor dealership were monitored over the past four years. The sales figures are presented in the accompanying table. Year Quarter 1 Quarter 2 Quarter 3 Quarter


What is a basis point? A base factor is a hundredth (1/100) of an amount factor. Indicated another way, one amount factor is equal to 100 base factors. This means that if an amo

Define Mortality: The following rates are used for measuring mortality. Crude death rate The annual crude death rate is defined as  Crude death rate = annual deaths / annual

difference between positive and negative correlaiton

What is F2 Test,  X, Y Arithmetic Means  The above method of finding out regression equation is tedious. The calculations can very much be simplified if instead of dealing with th

A random sample of 321 New Jersey and 77 Pennsylvania fast-food restaurants was selected from those fast-food restaurants in this study.  The restaurants were categorised into two