Accountancy, asked by snack3221, 1 year ago

how did we get Rs 9440? And what is the amount 8000 for?

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Answers

Answered by nishiniharika
1
as you know trade discount is not recorded
so,
trade discount on the product is deducted
= 10000-20% of 10000
=10000-2000
8000
then charging 9%of 8000 as cgst and sgst
so
total amt. = 8000+720(9% of 8000)+720(9% of 8000)
=9440

snack3221: thank you
nishiniharika: have you understood
nishiniharika: or there is any other doubt
snack3221: How is vikas a part of debit ?
snack3221: ??
nishiniharika: vikas is debited just because of the simple rule that says....debit the receiver credit the giver
Answered by k777
1
The final answer is Rs 9440

snack3221: yepp thnx got it I Got confused..
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