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what is the accounting journal for subcontractor during goods
received
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Answer / prasad
(i) Consumtion of Raw Material a/c DR (VBO)
Stock a/c CR(BSX)
(ii) Purchase Labour Charges a/c Dr,Cr, (FRL,WRX)
(iii) Stock FG Dr (BSX)
Material Change Cr (BSV)
| Is This Answer Correct ? | 3 Yes | 1 No |
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