Journalise the following 1 Journalise the following transaction in the books of Sahil Khanna, assuming all transactions have - Accountancy - Goods and Services Tax (GST)

Question

Journalise the following

1 Journalise the following transaction in the books of Sahil
Khanna, assuming all transactions have occurred within the state of
Rajasthan, charging 6% CGST and 6% SGST:

2019

Jan 01
Purchased goods for â‚¹4,00,000 from Basu Dev
locally

Jan 18
Sold goods to Sawraj Kaur for â‚¹5,50,000 in
the same State

Feb 10
Paid telephone bill â‚¹8,000 by cheque

Mar 14
Purchased chairs for the office 30,000 from Ranjit Furniture
House locally

Mar 31
GST deposited with the Government

Himani Gupta · Accepted Answer

Dear student,

Regards,

2019
Jan 01	Purchased goods for ₹4,00,000 from Basu Dev locally.
Jan 18	Sold goods to Sawraj Kaur for ₹5,50,000 in the same State
Feb 10	Paid telephone bill ₹8,000 by cheque.
Mar 14	Purchased chairs for the office 30,000 from Ranjit Furniture House locally.
Mar 31	GST deposited with the Government.