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pLAESE TELL ME ENTRY ONE PURCHASE BILL RECEIVED THERE IS
PURCHASE AMOUNT 15000/- INPUT VAT 4%-600, FREIGHT CHARGE IS
400/ .SO THAT IS THE ENTRY
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Answer Posted / jenapkumar
hai dear
here is your entry
If goods purchased and freight paid in cash.
Purchase A/c Dr 15000/-
Input Vat A/c Dr 600/-
Freight A/c Dr 400/-
To XXXX (Name of the party) 15600/-
To Cash 400/-
(Being Goods purchased vide bill No. xxx dated xxx)
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