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journal entry for input taken on excise goods held in stock as on 1-7-2017
how to make journal entry for input taken by TRAN-1 on excise goods held in stock as on 1-7-2017
Replies (1)
ITC on stock A/c. Dr
To stock A/c .....Cr.
or
ITC on Stock. A/c Dr
To Income A/c. Cr
To stock A/c .....Cr.
or
ITC on Stock. A/c Dr
To Income A/c. Cr
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