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A textile company bought electrical appliances from a store and borrowed 645,600 yuan for transfer. How to write bank accounting entries?
Payment, no invoice receipt

J: Other payables-What company or store 645600

D: Bank deposit-paying bank 645600

Invoice receipt

J: fixed assets-what electrical appliances 551794.87 (645600/1.17)

Taxes payable-VAT payable-input tax 93805.13 (645600/17 * 0.17 or 645600-55 1794.87)

D: Other payables-what company or store 645600?

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