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Journal entry for purcahse and payment

This query is : Resolved 
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(Querist)
03 August 2024 i want to know abt i had purcashe goods from A and this payment is recoverable from govt how journal entry pass in this situation
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Gokul Sharma

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Gokul Sharma (Expert)
03 August 2024 PURCHASE A/C .....................DR
TO VENDOR

GOVT A/C ...........DR ( RECEIVABLE AMT)
TO INCOME

BANK A/C ..........DR AMT RECED FROM GOVT
TO GOVT

VENDOR A/C ..........DR PAY TO VENDOR
TO BANK

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