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how to pass entry for VAT return adjustment entry?

Answer Posted / sreehari

when Exacees paid vat output like., as per return output is (Rs.10500). book output is(Rs.10000)Difference is Rs500/- enter will passed ?

Sales local Dr 344.20
Output A/c @ 14.5%Dr 49.91
to Discount 500

Is This Answer Correct ?    3 Yes 1 No



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