What is gst?, what is accounting?, What is journal?,how to purchase entry in tally prime software?.

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Accepted Answer

GST is a tax levied on the supply of goods and services in India. Accounting is the process of recording financial transactions. A journal is a record of financial transactions. Tally Prime software is used for accounting and includes features for purchase entries.

GST stands for Goods and Services Tax, a tax levied on the supply of goods and services in India.
Accounting is the process of recording financial transactions of a business.
A journal is a record of financial transactions in chronological order.
To make a purchase entry in Tally Prime software, you would navigate to the purchase voucher entry screen and enter details such as supplier name, invoice number, item details, and amount.

What is gst?, what is accounting?, What is journal?,how to purchase entry in tally prime software?.

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