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we are going to purchase of new office. what is accounting
entry for it if we made adv to party , some part payment
paid to party. pls tell me & under which group ledger will
come

Answer Posted / azhar

capital work in progress a/c dr
To vendor a/c

when full payment is made entry will be
vendor a/c dr
To cash

Is This Answer Correct ?    2 Yes 6 No



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