Concept of Tax Invoice and Retail Invoice and their Entres - Input Vat Admissability

Duties of Accountant

For Sales

Issue Connect types of Bill

For Purchase

If we want to take input t hen tax invoice required.

Questions:-

A Ltd Amount
Purchase 100000
Vat 5% 5000
Total 105000

Pass Entries if it is a Tax invoice

View Answer

Pass Entries if it is a Retail invoice

View Answer

If it is a Tax /  Retail Invoice:-

View Answer

                            

 

   

Go Ad-free
CA Maninder Singh's photo - Co-founder, Teachoo

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.