Accountancy, asked by goruleavantika, 6 months ago

what will be debited at the time of good purchased with gst​

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Answered by Anonymous
7

Answer:

The moment a purchase is made, and an asset or expense is debited, a GST outlays current asset account is also debited; the total of the debits are made against the equivalent credit in cash in bank , or in accounts payable. Sale and purchase returns are simply reversals.

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