What is GR/IR account? Why do you maintain that? Explain the
importance of GR/IR clearing account.
Answer Posted / rajakumara hg
Inventory a/c Dr
GRIR a/c cr
GRIR a/c Dr
Vendor a/c cr
vendor a/c Dr
Bank a/c cr
Is This Answer Correct ? | 3 Yes | 1 No |
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