Journalise the following transactions in the books of Gaurav: Sold goods to Saurabh of the list price of ₹ 1,00,000 Less trade discount of 10% 2ith CGST and SGST @ 6% each, allowed cash discount 5%.
Journalise the following transactions in the books of Gaurav:
(1) Sold goods to Saurabh of the list price of ₹ 1,00,000 Less trade discount of 10% 2ith CGST and SGST @ 6% each, allowed cash discount 5%.
(2) Purchased machinery from Jalaj Machine Tools, Kolkata ₹ 5,00,000.
(3) Electricity Expenses for office ₹ 7,000 and for the residence of proprietor ₹ 3,000 paid by cheque from Firm Bank Account.
(4) Mukesh a debtor for ₹ 50,000 has become Insolvent and 50 Paise in rupee is received.
Anurag Pathak Changed status to publish
