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What is the
i Cash Purchase $1,60,000 at 10% T.D. and 5% cost
net amount of Purchase?
Calculate CGST and SGST
And
Answers
Answered by
0
Answer:
Explanation:
Marked Price : 160000
(-) T.D. (16000)
Invoice Price : 144000
(-) C.D. (7200)
Net Purchase: 1,36,800
T.D. = 7/100 ×12000 = 840
Total Sales = 50×300 + 40×600
= 15000 + 24000
= 39,000
Total Sales = 30×500 = 15,000
T.D. = 8×15000/100
= 1200
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