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What is the Entry in Oracle Apps AP,AR,GL for following
Transations
1.One Pipe purchase at Rs.100
2.One Pipe Sales At Rs.150

Which account Afected ,What is the journal entry
What is the entry at respective module
how many modules are afected through above transation

Answer Posted / khan

In order mgmt :
Cost of Goods A/c --- Dr 100
Material A/c --- Cr 100

In AR :
Receivable a/c 100 dr
To Revenue a/c 100 cr

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