journal entry for purchase the computer of rupees 30000 and printer of at 18% GST
Answers
Answered by
4
Answer:
When purchased computer, Computer a/c dr To cash a/c Computer is debited because ... Journal entry for case 1:- Debit 'stock in trade account' with product value, debit 'GST ... Computer purchased of
Answered by
1
Answer:
computer and printer a/c dr 30000
Input GST a/c 5400
To Cash a/c. 35400
Explanation:
as we know purchase is an expense
according to golden rule of nominal account all the expenses and loss are Dr
and purchase or sale of an asset is recorded by there name not by purchase account or sales account.
input GST is also our expense so it will also be debited.
cash will be credited.
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