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
Answers
Answered by
1
Sunil Dr 1580
Bank Dr 8500
To Sales 9000
To Output CGST 540
To Output CGST 540
Computation of various figures
Sales= 10000- 10% = Rs 9000
Output CGST = Rs 9000X 6% =Rs 540
Output SGST = Rs 9000X 6% =Rs 540
Bank = Given in question
Sunil= Rs 9000+Rs 540+Rs 540-Rs 8500= Rs 1580
So the above solution is a Journal entry
#SPJ2
Similar questions
Social Sciences,
7 months ago
History,
7 months ago
Physics,
1 year ago
English,
1 year ago
Chemistry,
1 year ago