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journal entry

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26 March 2010 we have to firms A & Z for two borthers respectively on a same location.
By mistake purchase of A-firm was entered in Z-firm and vat return was filed.
now we have to file revised return of both the firm A & Z, instead...
Q. can we without filing revised return adjust a journal enter between the two firms, if yes plz mention wt would be the entry.

26 March 2010 If u dont file the revised return and rectify your books accordingly how will u explain the difference at the time of VAT audit?

26 March 2010 Revised return only advisable




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