paid rent 20000 by cheque 1/4 is occupied by the proprieter c and sgst @6% each
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JOURNAL ENTRY:-
Rent a/c. Dr. 15,000
Drawing a/c. Dr. 5,000
Input CGST a/c. Dr. 1200
Input SGST a/c. Dr. 1200
To Bank a/c. 21,200
(being paid rent and 1/4 is occupied by the proprietor)
I hope this will help you friend.
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