Question

purchased goods from rita for Rs 10,000 and made partial payment Rs 7,000

Answer 1

Answer:

what is your question ?

Answer 2

Answer:

If goods were purchases on credit:- (Assume tax rate is 5%)

Purchase A/c. Dr. 1,00,000

Input Tax A/c. Dr. 5,000

To, Party A/c. 1,05,000