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Cash purchase Entry

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(Querist)
20 August 2009 I eant to know If I purchase some material with VAT It means If Gross Inv. value is Rs.100/- & 4% is VAT Rs.4/- & Inv. Value is Rs.104/-

Then What is the Journal Entry passed in Tally.
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Ravish

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Ravish (Expert)
20 August 2009 On Assumption that u r eligible for VAT input,

Goods a/c Dr
Input VAT A/c Dr
To Party A/c

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