Physics, asked by noidapramod72, 7 months ago

8. Pass the necessary journal entries including GST.
a. Ramesh Delhi sold goods to Naidu of Hyderabad for 80,000 at a
profit of 20% on cost less trade discount 10%
CGST@9% SGST@9% ,IGST@18%.
b. Sohan from Noida purchase goods for 30,000 from Ganesh Punjab
CGST@8%, SGST@8%, IGST@16%.
c. Purchased goods from Vijay of *60,000 less 10% trade discount Plus
CGST and SGST@ 9% each .paid by cheque.
d. Goods costing R5,000 taken by the proprietor for personal use. These
goods were purchased by paying SGST and CGST @ 9%each.
e. Goods costing <3,000 were given as a sample. These goods are
purchased paying SGST, CGST@9%each. (6)​

Answers

Answered by Anonymous
0

Answer:

Date

Particulars

L.F.

Debit

Amount

(₹)

Credit

Amount

(₹)

2018

Mar 04

Purchases A/c

Dr.

5,00,000

Input CGST A/c

Dr.

45,000

Input SGST A/c

Dr.

45,000

To Mehta Bros. A/c

5,90,000

(Purchased from Mehta Bros.)

Mar 10

Munjal & Co. A/c

Dr.

9,44,000

To Sales A/c

8,00,000

To Output CGST A/c

72,000

To Output SGST A/c

72,000

(Sold goods to Munjal & Co.)

Mar 15

Advertisement A/c

Dr.

40,000

Input CGST A/c

Dr.

3,600

Input SGST A/c

Dr.

3,600

To Bank A/c

47,200

(Paid for advertisement)

Mar 18

Furniture A/c

Dr.

50,000

Input CGST A/c

Dr.

4,500

Input SGST A/c

Dr.

4,500

To Bank A/c

59,000

(Purchased office furniture)

Mar 25

Printing & Stationery A/c

Dr.

8,000

Input CGST A/c

Dr.

720

Input SGST A/c

Dr.

720

To Cash A/c

9,440

(Paid for printing and stationery)

Mar 31

Output CGST A/c

Dr.

53,820

Output SGST A/c

Dr.

53,820

To Input CGST A/c

53,820

To Input SGST A/c

53,820

(Input tax credit availed)

Mar 31

Output CGST A/c

Dr.

18,180

Output SGST A./c

Dr.

18,180

To Bank A/c

36,360

(Balance tax paid to government)

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