Question

sold goods to ravikant worth 60000 at 10 trade discount and 18% GST 1/3 amount received by cash at 5% cash discount

Answer 1

Explanation:

Ravikant a/c 36000

cash a/c 17100

discount allowed a/c 900

to sales a/c 54000

to input CGST 4860

to input SGST 4860

Answer 2

Answer:cash a/c Dr. 20178

Discount allowed a/c Dr. 1062

Ravikant a/c Dr. 42480

To sales a/c 54000

To output CGST a/c 4860

To output SGST a/c 4860

Explanation: