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what is the journal entry?
goods purchased by ram on credit for 1000 which includes
vat rs.100 in it

Answer Posted / manivannan.r

Purchase Material A/c dr 900

Vat Payable A/c dr 100

TO RAM'S A/C. 1000

(BEING GOODS PURCHASED ON CREDIT)

Is This Answer Correct ?    14 Yes 19 No



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