Question

Q. 3. Pass entries in the books of Ganguli & Sons, assuming all transac
een entered in the state of West Bengal :
(1) Purchased goods for 2,00,000 and payment made by cheque.
(ii) Sold goods for 1,60,000 to Devki Nandan & Sons
(iii) Purchased goods for 50,000 on credit.
(iv) Paid for printing and stationery 4,000.
(v) Received for commission 5,000.
(vi) Output GST adjusted against Input GST.
Net amount paid 513001
Assume CGST @6% and SGST OG​

Answer 1

Explanation:

1.purchases acc Dr

To bank acl