Question

Sold to sunil goods in cash of rs 10000 less 10% trade discount plus cgst and sgst @6% each and received a net of 8500 plus CGST and SGST.

Answer 1

Answer:

by rits

Explanation:

Cash A/C Dr   Rs. 8,500

CGST @ 6%    Rs. 540

SGST @ 6%    Rs. 540

Discount A/C  Rs. 500

       To Sales A/C Rs. 10,080

(being goods sold to Sunil at a discount Rs.500 )