Question

pass the journal entry for issued cheque for rent with GST involved

Answer 1

rent A/c. dr
cgst a/c. dr
sgst a/c. dr
to bank a/c

Answer 2

For paying rent by cheque                  For receiving rent by cheque-

It’s RENT A/C……. Dr.                             BANK A/C Dr.

CGST A/C…….. Dr.                                  CGST A/C…….Dr.  

SGST A/C…….. Dr.                                  SGST A/C……..Dr.

TO BANK A/C                                        To RENT RECEIVE A/C

Journal entry is used in accounting for transaction of money that shows the company’s credited and debited balance and help in recording the all money transaction in the particular business. It can be recorded in general ledger or subsidiary ledger.