Question

goods were bought from Latika for 3000 at 18%gst and were sold to Gunjan at 25% profit and 18% GST. write journal entry

Answer 1

Answer:

ANSWER

Purchase A/c Dr. 5,000

Input CGST A/c Dr. 450

Input SGST A/c Dr. 450

To Cash A/c 5,900

(Being the goods purchased for cash, paid CGST and SGST @9% each).

Explanation:

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