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Received Invoice from Tvs Co. against purchase of 15 pcs of
Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?

Answer Posted / g.siva kumar

invoice bill A/C Dr 11,250/-
4% VAT A/C Dr 450/-

To TVS co., A/c 11,700/-



(Being invoice bills received from TVS co. and 4% VAT is calculated on that invoice)

Is This Answer Correct ?    8 Yes 3 No



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