Question

Purchase goods from ram of rupees 50000 at 18% GST journal entries

Answer 1

Answer:

Purchases@18% 50000

input cgst@9% 4500

input sgst@9% 4500

to Ram a/c 59000

(being goods purchased from Ram on credit @18%Gst)

here since it is not mentioned whether it is inter state or intra state purchase I have assumed it to be intra state ie within same state.