Question

Pass jornal entry for sale of goods by rahul delhi to anish delhi for rs 10000 less 10% trade discount and 2% cash discount assume payment is received at the time of sale cgst and sgst is levied @6% each

Answer 1

Answer:

Cash A/C Dr. 9878

Discount Allowed A/C Dr. 202

To Sales A/C 9000

To Output CGST A/C 540

To Output SGST A/C 540