what is the journal entry?
goods purchased by ram on credit for 1000 which includes
vat rs.100 in it
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Answer Posted / satyanarayana raju
Dr Purchase of goods A/c---900
Dr Vat input A/c 100
Cr Suppliers A/c 1000
(Being goods purchase which is inclusive of vat tax)
| Is This Answer Correct ? | 23 Yes | 6 No |
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