Question

2. Journalise the following Entries with GST:
(5)
A. 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.
B. Goods of Rs. 2000 were purchased after payment of IGST @ 12% each.
C. Advertisement expenses of Rs. 12,000 plus IGST @ 18% paid by cheque
D. Paid salaries to staff for the month of March Rs. 20,000 by cheque.
E. Paid fees to lawyer Rs. 10,000. CGST and SGST 6% each is levied under Reverse
Charge Mechanism.
I
Please answer question quickly

Answer 1

Answer:

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