Question

Purchased machinery of rs 50,000 @ 18
% GST and halfamount paid by cheque. Do the entry of this sentence​

Answer 1

Answer:

6400 is the right answer . I think so,

Answer 2

cost price = 50000

(+) IGST    =   9000

                =  59000

ONLY HALF THE AMOUNT IS PAID BY CHEQUE

Machinery  A/c ........Dr                    25000

Input IGST  A/c .........Dr                     4500

     To Bank  A/c                                                     29500