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Answer Posted / madhu
accounting method 2 accounts created
expence a\c dr
to liability a\c....1
liability a\c dr
to cash clearing a\c
| Is This Answer Correct ? | 5 Yes | 14 No |
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HI, once we create the standard invoice then we can get journal entry item expense a/c-dr to liability a.c then item it will reflect through inventory, but liability a/c . it will reflect from GL , it is possible .
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