purchase good for 200000 and payment with cheque journal entry in GST
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Purchase account. dr 200000
To bank account. 200000
rate of gst is not given .If gst rate is given the following entry will be passed In. books
purchase account. dr. 200000
Input CGST. a/c. dr.
Input SGST a/c. dr.
To bank account.
gst calculated on purchase price
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