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what journal entry pass in case of vat refundable and in case of vat payable?
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Answer Posted / asha.ricky7
In case of vat payable:
output vat
Toinput vat
To vat payable
In case of vat refundable:
output vat
vat refundable
To input vat
| Is This Answer Correct ? | 10 Yes | 3 No |
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