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 / manivannan.r
Purchase Material A/c dr 900
Vat Payable A/c dr 100
TO RAM'S A/C. 1000
(BEING GOODS PURCHASED ON CREDIT)
| Is This Answer Correct ? | 14 Yes | 19 No |
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