[CBSE] Q 1 Accounting for Goods and Services Tax (GST) TS Grewal class 11 (2023-24)
Are you looking for solutions of Question number 1 of Accounting for Goods and Services Tax (GST) of TS Grewal class 11 CBSE Board 2023-24
Journalise the following transactions in the books of Gurman of Delhi:
(i) Sold goods to Krishna of Delhi at the list price ₹ 20,000 less trade discount 10% add CGST and SGST @ 9% each., and allowed cash discount 5%. He paid the amount immediately.
(ii) Supplied goods costing ₹ 6,000 to Mohan of Kolkata issued invoice at 10% above cost less 5% trade discount plus IGST @ 18%.
(iii) Goods valued at ₹ 2,500 distributed from stock as samples, as part of an advertising campaign. These goods were purchased paying CGST and SGST @ 9% each.
(iv) Sold gods costing ₹ 1,00,000 to Anil of Delhi at a profit of 20% on sales less 20% Trade Discount plus CGST and SGST @ 9% each.
Solution:-
Below is the list of all solutions of chapter 12 Goods and Services Tax (GST) TS Grewal class 11 CBSE 2023-24