Question

Pass entries in the books of Ganguli & Sons. assuming all transactions have been entered in the state of West Bengal:
(i) Purchased goods for ₹ 2,00,000 and payment made by cheque.
(ii) Sold goods for ₹ 1,60,000 to Devki Nandan & Sons.
(iii) Purchased goods for ₹ 50,000 on credit.
(iv) Paid for printing and stationery ₹ 4,000.
(v) Received for commission ₹ 5,000.
(vi) Output GST adjusted against Input GST.

Answer 1

Answer:

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