sold goods costing rs.20,000 to Sunil at a profit of 20% on sales less 20% trade discount and paid cartage rs.150 (to be charged from customer).
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Costing = 20,000
Add: Profit @ 20% = 4,000
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= 24,000
Less: Disc. @ 20% = 4,800
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= 19,200
Sold at Profit = 19,200
Add: CGST(Assuming 9%) = 1,728
Add: SGST(Assuming 9%) = 1,728
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= 22,656
Read more on Brainly.in - https://brainly.in/question/4652634#readmore
Add: Profit @ 20% = 4,000
-------------
= 24,000
Less: Disc. @ 20% = 4,800
-------------
= 19,200
Sold at Profit = 19,200
Add: CGST(Assuming 9%) = 1,728
Add: SGST(Assuming 9%) = 1,728
---------------
= 22,656
Read more on Brainly.in - https://brainly.in/question/4652634#readmore
jeetenderbhatia:
jorunal entry plz. assuming CGST AND SGST @ 6% each.
oo balle adarsh
kive aa
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