what will be the entry in books of accounts where purchases
are made but bill not yet booked.
Answers were Sorted based on User's Feedback
Answer / surender bhomia
Purchases Account/Stock Account Dr.
To GR/IR Clearing account.
This entry will generate at the time of MIGO
Is This Answer Correct ? | 25 Yes | 0 No |
Answer / rafeeqh
accounts payables&the entry will be
purchases a/c Dr
to vendor a/c
Is This Answer Correct ? | 5 Yes | 9 No |
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