January 10 Goods purchased from Vinit & company Rs.1250000 at 20% trade discount. January 15 amount paid to Vinit & company by cheques Rs.400000. January 19 Goods purchased from Vinit & company Rs.1000000 at 20% trade discount. January 26 Cash paid to Vinit and company Rs.150000.

January 10 Goods purchased from Vinit & company Rs.1250000 at 20% trad

1.	January 10 Goods purchased from Vinit & company Rs.1250000 at 20% trade discount. January 15 amount paid to Vinit & company by cheques Rs.400000. January 19 Goods purchased from Vinit & company Rs.1000000 at 20% trade discount. January 26 Cash paid to Vinit and company Rs.150000.
Answer» ases a/c Dr. 1250000 DISCOUNT a/c Dr. 250,000 to cash a/c 1000,0002. vinit and COMPANY a/c Dr. 400000 to BANK a/c 4000003. PURCHASE a/c Dr. 1000000 discount a/c Dr. 200,000 to cash a/c 800,0004. vinit and company a/c Dr. 150000 to cash a/c 150000

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Tois question based GISTBasie Prodquet? Gust Sales SupplyАB 2200150800118.00 to 20018.001 300 Intre statoI istrustile12.00 lo1120 Istrestaleb.Tabb Trade Details (sales and purchaseJitems opening stat I purchased sold closingo0104803oa) find out belowgiveoQuestionsCGST ,SGST , LGST final balance?1. use different lable for saleand purchas drade.Neft profit from the trade?closing stock valuations ?

January 10 Goods purchased from Vinit & company Rs.1250000 at 20% trade discount. January 15 amount paid to Vinit & company by cheques Rs.400000. January 19 Goods purchased from Vinit & company Rs.1000000 at 20% trade discount. January 26 Cash paid to Vinit and company Rs.150000. ​

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January 10 Goods purchased from Vinit & company Rs.1250000 at 20% trade discount. January 15 amount paid to Vinit & company by cheques Rs.400000. January 19 Goods purchased from Vinit & company Rs.1000000 at 20% trade discount. January 26 Cash paid to Vinit and company Rs.150000.