Question

ABC and Co purchased 10 TV sets @ 20000 per set and paid my GST @ 12% its sold all the sets @ 25000 per set + cgst and sgst @ 6% each of general entry​

Answer 1

Answer:

purchases a/c 200000

input igst a/c. 24000

to cash / bank a/ c 22400

(being purchases made )

cash/bank a/c 280000

to sales a/c 250000

to output cgst a/c 15000

to output sgst a/c. 15000

(being sales made )