tell me Journal entries passed in system from the time of
good receipt to payment.
Answer Posted / goutam gorai
1. When Purchase takes Place
Purchase A/C Dr.
To GR/IR A/C
2. When goods are verified of goods
GR/IR A/C Dr.
To Vendor A/C
3. Payment made to the vendor
Vendor A/C Dr.
Bank A/c
| Is This Answer Correct ? | 4 Yes | 0 No |
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