What is a purchase invoice ?
Who issues it ?
How to record it, accounting entry ?
Also, GST implications on it ?
Thanks & Regards
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Purchase Invoice (PI)
Replies (2)
1.purchase invoice is a document to authenticate purchase.
2.a person buys it.
3.purchase Dr.
input gst receivable dr.
cr. sundry creditors
2.a person buys it.
3.purchase Dr.
input gst receivable dr.
cr. sundry creditors
Thanks.
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