Question

Pass entries in the books of Ashok Bros. assuming that all transactions have been
entered within the State of Bihar and assuming CGST @6% and SGST @6%.
Jan. 2 Purchased goods for 2,00,000 on credit.
5 Sold goods for 33,00,000 on credit.
10 Purchased Computer Printer for office for 50,000 and payment made by cheque.
20 Legal consultation fee of 10,000 paid in Cash.
22 Rent of 20,000 paid by Cheque.
31 Payment made of balance amount of GST.​

Answer 1

Answer:

20000 and 50000................GST