journal entry for:
1. Goods costing 2000 were given as donation. these goods were purchased paying CGST and SGST @9 percent.
2.Goods costing 3000 were given as sample . These goods were purchased paying CGST and SGST @9 percent.
Answers
Answered by
8
Answer:
1. Donation A/c Dr. 2000
Input CGST A/c Dr. 180
Input SGST A/c Dr. 180
To Purchases A/c 2360
(Being, Goods given as donation and GST lavied @9%)
2.Goods given as free sample
or Advertisement Expense A/c Dr. 3000
Input CGST A/c Dr. 270
Input SGST A/c Dr. 270
To Purchases A/c 3540
(Being, Goods given as free samples and GST lavied @9%)
Similar questions
CBSE BOARD X,
3 months ago
English,
3 months ago
English,
3 months ago
Math,
1 year ago
History,
1 year ago