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What would be the journal entry for the month cash purchase 500,000 intrastate and credit purchase interstate 4500,000?cgst =6% igst=12% and sgst =6% |
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Answer» Answer: 1. purchase a/c DR. 500000 input CGST a/c. dr. 30000 input sgst a/c. dr. 30000 to CASH. 560000 2. purchase a/c dr. 4500000 input IGST a/c. dr. 540000 to CREDITORS. 5040000 |
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