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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?
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Answer Posted / kaushik
Purchase excluding VAT, means purchase from unregistered
dealer, so no entry requied to pass for VAT.Only Purchase -
dr & cr the Party,
| Is This Answer Correct ? | 2 Yes | 2 No |
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