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Entries in Books of Collectee Case 1 First Goods Purchased, then Payment Made Case 2 Payment in Advance, then Goods Purchased Purchase Dr TCS Receivable Dr To Party 101000 1000 101000 Party To Bank 101000 101000 Party TCS Receivable To Bank 101000 1000 101000 TCS To Bank 101000 101000 teachoo.com

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.