Input Vat Ledger is created under which account?

Related MCQs

• Which group [Under] is selected in Input VAT or Output VAT?
• Which will be group of VAT Adjustment ledger?
• Input Vat Credit on Capital goods should be defined under
• Which ledger is created by Tally automatically as soon as we create a new company?
• With how many types ledger, group and voucher types can be created in Tally?
• Which option is used to enable VAT, TDS, and Service Tax etc. in Tally?
• Which shortcut key is pressed to set ‘Yes’ in “Allow Selection of VAT/Tax class during entry?”
• By which report we can come to know if VAT is payable or refundable.
• In which voucher type, amount of VAT or TDS payable to the government will be noted?
• Which shortcut key is used to take print of VAT or TDS reports?