Answer / abc

1. Material (which u r getting material name) A/C Dr. XXX
To GRN A/C Cr. XXX
(Being Material received.)

2. GRN A/C Dr. XXX
Vat Recoverable Dr. XXX (If Inside state Purchase)
To Party XXX
To TDS Contractor Payable
(Being stock received from the party)

Inventory a/c has been hit

Answer / prasad

1. GRN a/c dr XXX
To Party a/c XXX
Being GRN received from the party

2. Inventory RM a/c dr XXX
To GRN a/c XXX
Being stock received from the party

**** Inventory a/c has been hit

what is sensex

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expand--------HNSS

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is 'loan' categorized as billpayable?explain

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EXPAND_______________TSI

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