33 Pass the journal entries for the following transections:
a) Purchased goods from Kavya of Rs. 20.000 plus IGST @ 18% at 10% trade discount and
2.5% cash discount. Paid amount at the time of purchase itself.
b) Purchased goods from Divij of Rs.20,000 plus IGST @ 18% at 10% trade discount and
3% cash discount. Half of the amount paid at the time of purchase.
c) Sold goods to Raunak for Rs. 10.000 plus CGST and SGST @ 9% each, allowed him
105 trade discount and 3% cash discount. Received half of the amount of cash and
balance half by cheque immediately.
d) Sold goods to Vardaan for Rs. 25,000 plus CGST and SGST a 9% each following 10%.
trade discount and 2° cash discount. Half of the amount received by cheque
immediately
e) Sold goods costing Rs.40.000 to Ayaan against a current dated cheque at a profit of
25. on cost less 20°. trade discount plus IGST a 180o. Cash discount is allowed a 20o.
Q.34 Prepare the ledger of Que.33.
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Answer:
purchase a/c dr 20000
to kavya a/c 20000
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