In this accounting lesson, we explain what the Purchases Journal is, what is and not recorded in the Purchases Journal, the Purchases Journal with VAT format, and we go through an example of completing a Purchases journal with VAT.
Purchases Journal without VAT: [ Ссылка ]
VAT Inclusive & VAT Exclusive | Calculation Examples: [ Ссылка ]
Sales Journal with VAT | Explained with Examples: [ Ссылка ]
Cash Receipts Journal (CRJ) | Explained with Examples: [ Ссылка ]
Cash Payments Journal (CPJ) | Explained with Examples: [ Ссылка ]
Markup vs Margin | Explained with Examples: [ Ссылка ]
Simple Formula for Calculating Percentages | Want over Have Formula: [ Ссылка ]
Accounting Equation | Explained with Examples | Accounting Basics: [ Ссылка ]
Check out other straightforward examples on our channel.
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Purchase Journal with VAT | Example
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