Cash Purchases amounting to 10,000.00 vat inclusive
Cash sales amounting to 5,000.00 vat inclusive
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Cash Purchases amounting to 10,000.00 vat inclusive
Cash sales amounting to 5,000.00 vat inclusive
Debit merchandise Inventory or other appropriate account for the amount
Credit Cash for the amount
Debit Cash for the amount
Credit Sales Revenue for the amount
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