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Mat credit entry

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 August 2012 WHAT ENTRY IS TO BE PASSED IN THE BOOKS FOR PAYING MAT ? AND WHAT ENTRY IS TO BE PASSED IF IT IS TO BE UTILISED ? DOES MAT CREDIT A/C APPEAR IN THE BALANCE SHEET ASSETS ?

24 August 2012 Create MAT credit entitlement asset a/c when reconising MAT credit and reverse when utilising it.

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 September 2012 hey thank you.....how do i reverse it ? what entry should i pass ?


01 September 2012 Reverse entry of what was passed earlier year.



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