Question

(4)
(i) Sold goods to Ajay for 1,00,000 plus CGST and SGST @ 9% each allowing
10% trade discount and 2% cash discount. Half of the amount is received by
cheque immediately.​

Answer 1

Answer:

Ajay. Dr. 53100

Bank a/c. Dr. 52038

discount allowed Dr. 1062

To sales a/c. 90000

To output CGST a/c 8100

To output SGST a/c. 8100