Debit: bank deposit (or cash on hand, accounts receivable, etc.)
Loan: income from main business
Taxes payable-VAT payable
pay
Borrow: Taxes payable-VAT payable
Loans: bank deposits
VAT payable needs to be accounted for separately. VAT is not called accrual.
Not all prices including tax are recorded in income. VAT needs to be accounted for separately.