Easy Office
LCI Learning

Vat audit

This query is : Resolved 
Profile Image

Profile Image

(Querist)
09 November 2012 How to do "Determination of gross turnover of sales and purchase along with reconciliation with Profit and loss, Trial Balance/ Sales and Purchase register"

Please help me to do because i have submit it earlier
Profile Image

subhash

Profile Image

subhash (Expert)
09 November 2012 You have to reconcile the Sales as per Sales Register and Profit and loss account

Sales 500000
VAT 12.5% 62500
Total 562500

Eg
As per Sales Register Rs 562500
Less VAT 12.5% Rs. 62500
As per Profit and Loss A/c.Rs.500000

same for the purchase.
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
13 August 2023
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