Pass Journal Entries in the books of MK Ltd.
(Furniture Business in HARYANA) assuming
6% CGST and 6% SGST.
1. Purchased goods for 3,00,000 from
Rana Ltd. (DELHI).
2. Goods returned to Rana Ltd. for
40,000.
3. Sold goods to Moti & Co. (Haryana) for
6,00,000.
4. Goods retured by Mehta & Co. for
850,000.
5. Goods withdrawn by Proprietor for
personal use 10,000.
6. Goods distributed as free samples
€15,000.
7. Paid advertisement expenses by cheque
$30,000.
8. Payment made of balance amount of
GST.
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