sold goods costing 5000 at a price to earn 25% profit on cost@ 5% gst
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Cash A/c ____ Dr 6,562
To goods A/c ____ Cr 5,000
To profit and loss A/c ____ Cr 1,250
To Output CGST A/c____Cr 156
To Output SGST A/c ____ Cr 156
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