Accountancy, asked by ayaanm2a2001, 1 year ago

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 NainaRamroop
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

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