07-02-2010, 07:47 PM
Q-1 suppose i have made a car @ cost of 200,000/- including 16% sale tax i will made this entry.
Daykhyn ap nay apny sawal may likha hay Car Cost 200,000/- Inclusive 16% sales tax.
To ye intry bany gi.
A/R Dr. 200,000
Sales Cr. 172,414
Output sales tax Cr. 27,586
Or agar Car Cost 200,000/- Exclusive 16% sales tax hay to ye intry bany gi
A/R Dr. 232,000
Sales Cr. 200,000
Output sales tax Cr. 32,000
Q No. 2 may pahli intery sahi ho gi agar Income tax 2400 hi banta hay to.
Daykhyn ap nay apny sawal may likha hay Car Cost 200,000/- Inclusive 16% sales tax.
To ye intry bany gi.
A/R Dr. 200,000
Sales Cr. 172,414
Output sales tax Cr. 27,586
Or agar Car Cost 200,000/- Exclusive 16% sales tax hay to ye intry bany gi
A/R Dr. 232,000
Sales Cr. 200,000
Output sales tax Cr. 32,000
Q No. 2 may pahli intery sahi ho gi agar Income tax 2400 hi banta hay to.