Question

office furniture purchased and a cheque of 22400 issued for the same including CGST and SGST@ 6% each​

Answer 1

Given:  Furniture purchased of Rs. 22400 by cheque including CGST & SGST @6% each.

TO Find:

Now, pass the journal entry

Solution:

                               In the books of Journal Entry

                                         at the end of the....

                            Particulars                                   Amount         Amount

Furniture A/c          Dr.                                             22400

      To, CGST & SGST A/c                                                                  1344

      To, bank A/c                                                                                 21056

[ Being office furniture by cheque including CGST and SGST @ 6% ]

Note: In a simple term, a journal entry is recording the transactions in Double Entry form that is recording in two aspects  -   Debit or credit.