Question

ramesh started business with cash deposited cash to open a current account with bank bought goods for cash sold goods to krishna panipat(haryana)on credit bought goods from atul;karnal on credit recieved from krishna allowed him discount paid cash to shyam discount allowed by him cash sales for the month paid rent paid salary CGST and SGST is lieved @6% each on intra state sale and purchase. IGST is leived @12% on inter state sale and purchase

Answer 1

1)bank a/c dr
to capital a/c
2) purchase a/c dr
to cash a/c
3)krishna a/c dr
to sales a/c