Accountancy, asked by vishal2004jayapak1jf, 1 day ago

purchased good on credit Rs.20000 plus Input CGST and Input SGST each @9% journ

Answers

Answered by Anonymous
3

Journal entry for the given transaction :-

Purchase A/c . . . Dr - 20,000

Input CGST A/c . . . Dr - 1,800

Input SGST A/c . . . Dr - 1,800

‎ ‎ ‎To creditor - 23,600

Narration :-

Being goods purchased along with GST 18%

Calculation of GST :-

CGST @ 9% = 9% of 20,000 = 1,800

SGST @ 9% = 9% of 20,000 = 1,800

Total amount credited = GST + purchases

=> 1,800 + 1,800 + 20,000 = 23,600

Learn More:

Journal entry for 'purchased furniture for ₹2000 plus CGST and SGST @6% each

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