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1. VGA Card (Stock A/C) Debit with Rs.1,000/- and Cash A/C Credit With Rs.1,000/-.
2. Cash A/C Debit with Rs.6,600/- and VGA Card (Stock A/C) Credit With Rs.6,600/-
The sales entries should be passed
Should be 5 entries 2 debit entries for fixed assets and one credit for libelties account and one debit for fund account and one credit for check acount for the vendor