Question

sold goods to dev costing rs 100000 less 10% trade discount plus CGST and SGST @ 9% received half of the payment in cash awailiing 2% discount​

Answer 1

Answer:

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Answer 2

Answer:

BANK ACCOUNT............DR =76400

DISCOUNT ACCOUNT..DR. =10000

TO DEV ACCOUNT. =70848

TO OUTPUT CGST ACCOUNT. =7776

TO OUTPUT SGST ACCOUNT. =7776

(BEING GOODS SOLD AND GST

AND EXPENSES PAID)