Question

xpen
11. Record necessary journal entries assuming CGST @ 5% and
SGST @ 5% and all transactions are accrued within Delhi
i) Shobit brought goods 100000 on credit.
ii) He sold them for 135000 in the same state on credit
iii) He paid foe Railway transport 8000
iv) Paid postal charges 2000
Anch​

Answer 1

Answer:

Record necessary Journal entries assuming CGST @ 5% and SGST @ 5% and all transactions are occurred within Delhi) i. Shobit bought goods 1,00,000 on credit ii. He sold them for 1,35,000 in the same state on credit iii. He paid for Railway transport 8000 iv. He bought computer printer for 10000 v. Paid postal charges