Question

purchased motor car worth Rs.2,00,000 for cash @ 18% GST and paid by bank.Write it's journal entry.

Answer 1

Answer:

Motor car A/C.... Dr 200000

Input igst A/C...... Dr 36000

To bank A/c 236000

Answer 2

Answer:

Motor Car A/c   Dr   200000

IGST A/c   Dr               36000

       To Bank A/c                        236000

Explanation:

IGST paid is an expense and thus debited and motor car is an asset being purchased and thus debited.