Accountancy Forum

Full Version: sales tax accounting entries
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
Pages: 1 2
When Sales Returned
Sales Return 20Dr
Out Put Tax 3.5Dr
A/P 23.1Cr
Discount .4Cr

plz sir kindly above calculation batadain, 3.5 aur 23.1 kaisay aaya hay.
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by daneyal13</i>
<br />When Sales Returned
Sales Return 20Dr
Out Put Tax 3.5Dr
A/P 23.1Cr
Discount .4Cr

plz sir kindly above calculation batadain, 3.5 aur 23.1 kaisay aaya hay.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Daneyal Bhai,
Mery hisab say Rs.20 ki sale par 3.4 sales tax banta hay. Is waja say 3.5 ki entry ghalat hay
Sales return debit hon gi 20 say.
Sales tax debit ho ga 3.4 say.
A/P Credit ho ga 23 say.
Or agar discount 2% hay to Credit ho ga .4 say.
Thanku LapTop bhai.
Pages: 1 2