Question

Journalise the following transactions in the books of Rajan of Delhi:
(1) Sold goods to Krishna of Delhi at the list price *20,000 less trade discount 10%
add CGST and SGST @ 9% each., and allowed cash discount 5%. He paid that
amount immediately.
(ii) Supplied goods costing * 6,000 to Mohan of Kolkata issued invoice at 10% above
cost less 5% trade discount plus IGST @ 18%.
(iii) Goods valued at 72,500 distributed from stock as samples, as part of an advertising
campaign. These goods were purchased paying CGST and SGST @ 9% each.​

Answer 1

sold good to Krishna of delhi at list price 20000less trade discount 10%add cgst and sgst 9%each and allowed cash discount 5%