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Journal entry for Recharge of Fastag

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(Querist)
23 February 2022 Dear All,

What will be the entry for recharge of Fastag for payment of toll charges. And also what will be the entry for payment of toll charges through Fastag.


Thanking you,
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
23 February 2022 Recharge of fastag keep it under advance.
Payment of toll charges charge it to revenue.
Toll charges Dr
To fastag advance cr.

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