Accountancy, asked by dasaman852, 7 months ago

ABC & Co purchased 10 TV sets @ 20,000 per set and paid IGST @ 18%. It sold all the sets @ 25,000 per set plus CGST and SGST 9% each.

Answers

Answered by Bajwa302
2

purchases a/c 200000

input igst a/c. 36000

to cash / bank a/ c 236000

(being purchases made )

cash/bank a/c 29500

to sales a/c 25000

to output cgst a/c 2250

to output sgst a/c 2250

(being sales made )

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