Question

Record the following transactions in the special purpose subsidiaries books
of Ajanta Electronics, Dehradun assuming GST @ 18%:
2021
1 Aug Credit sale to Arushi handlooms, Dehradun
10 bedsheets @ 1000 each at 5% trade discount.
5 Aug Purchased from Sunita Electronic , New Delhi
150 Irons @ 600 each @ 5% trade discount
70 table fans @ 2000 each @ 6 % cash discount.
6 Aug Sold to Modern electronic , Ranchi on cash
500 musical alarm clocks @ 500 @ 6% trade discount and 7% Cash
discount.
8 Aug Purchased from Surya Traders, Lucknow
100 Tables @ 1500 each
50 Sofa sets @ 15000 each after deducting trade discount 10%
18 Aug Bought 60 bulbs @ 100 each at 2% trade discount for office use.
19 Aug Goods for Rs 7500 given away as charity.
20 Aug Goods sold to Shri Ganesh Limited Rs. 85400 and received cash Rs. 45000
also received a B/R from him for the balance amount due from him for 3
Months

Answer 1

Answer:

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Answer 2

Answer:

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Explanation:

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