anyone pls journalise the 7th entry i.e. Sold goods for cash rs 4,000 but don't forgot gst this question is with gst
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Firstly Goods sold for cash... Whether the sale is inter sale or intra sale..This is also not mentioned in your question..So i will provide 2 answers..Choose accordingly..
Intra state Sale -
Cash a/c Dr 4800
To sales. 4000
To output cgst a/c. 240
To output sgst a/c. 240
(Being intra state sales made on cash)
Inter state Sale -
Cash a/c Dr 4480
To sales a/c 4000
To output igst. 480
(Being inter state sales made on cash)
Piyush911:
but now which entry should I do ?
in the question they will give bro indirectly
if that intra state or inter state is not mentioned than what can I do now ?
like goods purchased in lucknow and sold in lucknow...so everything happens inside uttarpradesh itself..so it will be intra state sale
if goods are sold from chennai to Lucknow then.. here 2 states are involved know..then wewill treat it as inter state sale...
read the question properly and see if YOU can get any clue
but in this it is not given that whether the sales have been made in Noida (UP) only or in any other state
then we cannot do anything bro.. haha
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2
hope this is helpful....
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