Question

purchased machinery of rs 50000 at 18% get and half the amount paid immediately by cheque​

Answer 1

Answer:

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