Dear friends
Please suggest lbt entries on purchase of material and payment of lbt
regards
Milind deoghare
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Lbt entries
Replies (1)
Purchases ac/c Dr
Input Vat a/c Dr
Local Body Taxes a/c Dr
To Party a/c
To LBT Payable a/c
The at the time of payment of LBT
LBT Payable a/c Dr
To Bank / Cash a/c
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