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An enterprise sells 500 pieces of product A to Lihua Company, each piece is in 450 yuan, the price is 225,000 yuan, and the VAT rate is 17%.

The accounting entries are as follows:

Debit: bank deposit of 225,000 * (1+17%)

Loan: The main business income is 225,000 yuan.

Taxes payable-VAT payable (output tax) 225,000 *17%

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