Accountancy, asked by Ayushjoshi01, 8 days ago

Sold goods worth 10000 to Kavya @ 12 GST. payment received by cash and discount allowed 1500

Answers

Answered by rahulgagrai364

4

Explanation:

JOURNAL ENTRY :

Cash A/C(10,000-1500+1200) Dr. 9,700

Discount allowed A/C Dr. 1,500

To Sales A/C 10,000

To Output Gst(12% of 10000) 1,200

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