Question

The textile mill sells its product (cloth) to the garment facture manufacture for cash rs50000 and collects GST@8%

Answer 1

Cash A/C. Dr. Rs. 58,000

To Output CGST @ 8% Rs.4000

To Output SGST @ 8% Rs.4000

To Sales A/C. Rs 50,000

(Being cloth sold)

Answer 2

Hey mate ✌️✌️

Journal Entry ⏬⏬⏬⏬




Cash A/c...........................................Dr...58000
.............To Output CGST....4000
.............To Output SGST....4000
....................To sales A/c..50000