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How to pass journal entry for vat return entry

Answer Posted / mohd sameer

in purchase case.purchase always debit.and payment by cash
so cash credit.and input vat credit...


purchase a/c dr
To cash/bank
To input vat.

case of sales

cash a/c dr
output vat a/c dr
to sales

Is This Answer Correct ?    2 Yes 4 No



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