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Pass a entry for purchase a material for Rs. 2000 inclusive
of VAT @ 4% on Rs. 1500 & @12.5% on Rs. 500 with narration

Answer Posted / ajit yadav

Purchase 4% a/c dr. 1440
Purchase 12.5% a/c dr. 437.50
vat input 4% a/c dr. 60
Vat Input 12.5 a/c dr. 62.5

Party a/c Cr. 2000

Is This Answer Correct ?    2 Yes 1 No



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