how to entry in tally, vat on expenses made for office renovation
example - In office plywood purchase of rs.50000 and vat is 5% that is 2500, and tiles purchase of rs 10000 and vat on tiles is 5% means 500, now wages paid 5000 . explain total renovation entry in tally
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Vat on expenses made for office renovation
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Debit everything to Renovation expense Account , Credit Party account
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