Question

purchased goods of 40.000 plus CGST and SGST @ 6% each from Bhushan, Amritsar,half of the value paid in cash​

Answer 1

Answer:

purchase a/c Dr. 40,000

input cgst a/c Dr. 2400

input sgst a/c Dr. 2400

To cash a/c 22,400

To Bhusan a/c 22,400