Purchase

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surbhi

surbhi (Querist)
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05 December 2013 when do we record purchases in books..

Ganeshbabu K

Ganeshbabu K (Expert)
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06 December 2013 when all risks and rewards incidental to ownership transferred to you
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suppose
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if it is the responsibility of supplier to deliver goods to your factory
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you have to recognize purchase on date if MRIR/GRN date

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