Being goods sold to Nikhil for 40000 and VAT charged 10 %. give journal entry
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According to me :
Journal entry is as follow:
Nikhil's a/c. Dr. 40000
To VAT a/c 4000
To sale a/c 36000
Journal entry is as follow:
Nikhil's a/c. Dr. 40000
To VAT a/c 4000
To sale a/c 36000
gayatrigayu2527:
yes . I too had done same.
thnkq
most welcm
can u please mark my answer as brainlist?
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