Question

sold goods of 60000 to dinesh on 40% profit on less 20% trade discount and 8%GST paid carriage 500 ​

Answer 1

Answer:

dinesh a/c Dr 77,952

to sales a/c 67,200

to o/p CGST 5376

to o/p IGST 5376

cartage /c Dr 500

to bank 500

Explanation:

cost 60,000

profit 24,000

sales 84,000

less T.d 16,800

net sales 67,200

CGST 5376

SGST 5376

total 77,952