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Sold goods to surjeet for Rs.28000 including CGST and SGST @6% each |
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Answer» Sold goods for cash,including cgst and SGST @ 6% each for 4,48,000. Show JOURNAL entry. Answer: In the books of Journal entry particulars amount amount Bank A/C -Dr. 448000 To Sales A/C 394240 To Output CGST 26880 To O/P SGST 26880 ( Being goods sold for cash with 6% cgst and sgst each ) workings:- 6% on both cgst sgst seperately and on original price Cgst: 448000*6% = 26880 Sgst:448000*6% = 26880 53760 Then ( 448000-53760 ) = 394240 |
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