Easy Office
LCI Learning

Vat

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 April 2014 vat payable show in profit and loss a/c or not
Profile Image

Vishnu Saboo

Profile Image

Vishnu Saboo (Expert)
14 April 2014 VAT payable account is liability account, hence this is not part of P & L
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
19 April 2014 VAT PAYABLE MEANS YOU MAINTAIN THE SEPERATE A/C FOR VAT PAYMENT . IT SHOW LIABILITY SIDE OF B/S.
NOT THE PART OF P/L A/C
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links