WITH GOODS AND SERVICES TAX (GST)
1. Journalise the following in the books of Noor.
2020
April 1 Goods purchased from Nibha for 8,000 trade discount @ 10%
April 3 Above goods sold to Muskan at original price less 4% trade discount
April 5 1/2th of the total goods returned by Muskan.
April 9 Goods received back from Muskan returned to Nibha
CGST and SGST is levied @ 6% each on intra-state sale and purchase.
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Explanation:
If two forces act on an object in opposite directions, the net force is the difference between the two forces. ... If two forces act on an object in the same direction, the net force is the sum of the two forces. In this case, the net force is always greater than either of the individual forces.
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