Question

4 B) Journalize the following transation in the books of Sunil. (20 2019 May 1 Started business with cash Rs. 30,000/-, Bank Rs. 40,000/- and Goods Worth Rs. 50,000/- 2 Purchased Laptop for Rs. 20,000/- @ 18% GST and amount paid by NEFT Paid for Advertisement Rs. 10,000/- 6 Purchased goods for Cash Rs. 3000/- 8 Sold goods Rs. 4000 to Ram 11 Received Commission Rs. 4500/- 13 Purchased goods from Meena on Credit Rs. 80,000/- at 10% Trade Discount. 15 Paid for Rent Rs. 5000/- and Salary Rs. 7000/- 16 Sold goods to Mahesh WorthRs. 90,000/- at 10%T. D. and received Cash after allowing him 5% Cash discount. 18 Goods taken by Sunil for his personal use Rs. 1000/-
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Answer 1

Answer:

generalize the following transaction in the books of Sunil 2020 191 started business with cash rupees 30000 bank as 40000 and good for 50000 laptop for GST is equal to 19.30%