Question

18. Journalize the following entries.
i. Goods costing Rs. 5000 were given as
charity, which were purchased after
payment of CGST and SGST @6% each.
ii. Goods costing Rs. 2000 were used by
the prope proprietor, which were purchased
after payment of CGST and SGST @ 12%
each.
Goods of Rs. 2000 were destroyed by
fire which were purchased after payment of
CGST and SGST @6% each
iv. Goods having list price Rs. 40,000 were
sold to Ravi at a trade discount of 10% plus
CGST and SGST @6% each and allowed
cash discount @10%. Half of the amount
was paid immediately(4)
Enter your answer​

Answer 1

Answer:

1. purchase a/c Dr

Cgst a/c Dr

SGST a/c Dr

To cash a/c

charity a/c Dr

to purchase a/c

2. Drawing a/c Dr

To Purchase a/c

3.loss by fire a/c Dr

To purchase

4.cash A/c Dr

DISCOUNT ALLOWED a/c Dr

Ravi Dr

To Output CGST A/C

To Output SGSTA/c

To Sales a/c