Pass entries in the books of Krishnan of Bengaluru (Karnataka) in the following cases: Purchased goods from Karunakaran of Chennai for ₹ 1,00,000. (IGST @ 18%)
Pass entries in the books of Krishnan of Bengaluru (Karnataka) in the following cases:
[Ans. Total ₹ 10,48,600]
| I | Purchased goods from Karunakaran of Chennai for ₹ 1,00,000. (IGST @ 18%) |
| II | Sold goods to Ganeshan of Bengaluru for ₹ 1,50,000. (CGST @ 6% and SGST @ 6%) |
| III | Sold goods to S.Nair of Kerala for ₹ 2,60,000. (IGST @ 18%) |
| IV | Purchased Machinery for ₹ 80,000 from Surya Ltd. against cheque. (CGST @ 9% and SGST 2 9%) |
| V | Paid rent ₹ 30,000 by cheque (CGST @ 6% and SGST @ 6%) |
| VI | Purchased goods from Ram Mohan Rai of Bengaluru for ₹ 2,00,000. (CGST @ 6% and SGST @ 6%) |
| VII | Paid Insurance premium ₹ 10,000 by cheque. (CGST @ 9% and SGST @ 9%) |
| VIII | Received commission ₹ 20,000 by cheque which is deposited into bank. (CGST @ 9% and SGST @ 9%) |
| IX | Payment made of balance amount of GST. |
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