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what is accounting entries of p2p

Answer Posted / suresh

Inventory receive a/c dr
to ap accural a/c cr
inventory validation a/c dr
to inventory receiving a/c cr
ap accural a/c dr
to laibulity a/c cr
laibility a/c dr
to bank clearing a/c cr
bank clearing a/c dr
bank a/c cr
exp a/c dr
to inventory validation a/c cr
t

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