Question

Purchase laptop for rs 20000 @28% GST and amount paid by NEFT

Answer 1

Answer:purchase ac dr20000

Input cgst ac dr 2800

Input sugar ac dr 2800

To bank ac 25600

Explanation:

Answer 2

cost of laptop = 20000

add CGST 14% = 2,800

SGST 14% = 2,800

Net Value = 25,600

journal entry

Day. particulars L.f. Debit. cebit

2019. Laptop A/c. Dr. 20000

June input CGST A/c Dr. 2,800

20. input SGST A/c. Dr. 2,800

Bank A/c. 25,600

calailate of GST 28%

CGST = 20000

$20000x9 \div 100$

$\: cgst \: = 2800$

To CGST and SGST is = 14%

SGST is 2800