describe what journal entry pass in case of vat
Describe what journal entry pass in case of vat refundable and in case of vat payable?
Ans) In case of vat payable:
output vat Toinput vat To vat payable In case of vat refundable: output vat vat refundable To input vat
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describe what journal entry pass in case of vat refundable and in case of vat payable ans in case of vat payableoutput vat
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