Question

1. Pass necessary journal entries for the following:
(a) Purchase of machinery costing ( 1,43,000, paid Installation charges 5,000 and
arriage 2.000. CGST & SGST levied 2 6% each. Half amount paid in ash.
(b) Sold goods costing <3,000 at 10% trade discount and IGST charged @ 12%
Payment received by us through cheque.
fd Kamal, a debtor, who owed 8,000 become insolvent, 60 paise In a Rupee is
received from his offical executive​

Answer 1

Explanation:

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