HERE'S THE QUES.
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Journal Entry (without GST)
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Jan 6
Nagpal Dr. 40,000
To sales A/C 40,000
(Being sold goods at 20% T.D.)
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Jan 8
Sales return A/C Dr. 10,000
To Nagpal 10,000
(Being returned 1/4th goods )
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Jan 10
Cash A/C Dr. 28,500
Discount allowed A/C Dr. 1,500
To Nagpal 30,000
(Being received cash)
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