purchase rice 2 bags rs.7500 and vat charges @5%
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Answer Posted / rajeshkanna
PURCHASE A/C DR XXXX
VAT CHARGES A/C DR XXXX
TO CASH A/C XXXXX
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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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