sales tax accounting entries

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sales tax accounting entries

LapTop
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02-15-2010, 07:06 PM

When Sales-
A/R 575Dr
Discount 5Dr
Sales 500Cr
Out Put Tax 80Cr

When Payment received and discount Allowed for earlier payment @1%
Cash 570Dr
Discount 5Dr
A/R 575Cr

When Sales Returned
Sales Return 20Dr
Out Put Tax 3.5Dr
A/P 23.1Cr
Discount .4Cr

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sales tax accounting entries - by june23am - 02-15-2010, 01:53 AM

[No subject] - by LapTop - 02-15-2010, 07:06 PM

[No subject] - by LapTop - 02-15-2010, 07:38 PM

[No subject] - by june23am - 02-16-2010, 12:37 AM

[No subject] - by LapTop - 02-16-2010, 08:45 PM

[No subject] - by Sarfaraz.alam - 02-16-2010, 09:01 PM

[No subject] - by LapTop - 02-16-2010, 09:11 PM

[No subject] - by june23am - 02-17-2010, 02:56 AM

[No subject] - by LapTop - 02-17-2010, 06:44 PM

[No subject] - by june23am - 02-18-2010, 02:35 AM

[No subject] - by LapTop - 02-20-2010, 07:17 PM

[No subject] - by june23am - 02-21-2010, 12:22 AM

[No subject] - by LapTop - 02-21-2010, 01:32 AM

[No subject] - by june23am - 02-21-2010, 03:12 AM

[No subject] - by LapTop - 02-22-2010, 02:05 AM

[No subject] - by daneyal13 - 03-24-2011, 10:02 PM

[No subject] - by LapTop - 03-25-2011, 05:28 AM

[No subject] - by daneyal13 - 03-25-2011, 03:48 PM