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Under warranty

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03 June 2012 Dear All

We are purchase a D.G. Set from M&M in December 2011 and made the payment after one we reliased that it is out of work and we complaint the M&M, and return the DG set to M&M under Warranty and now they made the payment back to us. I would to know the accounting entries for all that please help me.

thanks in advance
Deepak Gupta

03 June 2012 Reverse the entry you made at the time of purchase of the DG Set.



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