Pass entries in the books of all parties in the following cases assumi

Pass entries in the books of all parties in the following cases assuming CGST 6% and SGST 6%: 2018 March 1 Mahesh Chandra of Bihar purchased goods for ₹ 1,00,000 from Sunil Soren of Jharkhand and sold the same to Deepak Patnaik of Odisha for ₹ 1,50,000. March 5 Deepak Patnaik sold goods to Suresh Yadav of Odisha for ₹ 1,80,000. March 10 Suresh Yadav sold goods to Ravi Chakravarti of West Bengal for ₹ 2,50,000. March 14 Ravi Chakravarti sold goods costing ₹ 2,50,000 to Sanjay Diwedi of West Bengal at a profit of 40% on cost.

Answer» Pass entries in the books of all parties in the following cases assuming CGST 6% and SGST 6%:

2018
March 1	Mahesh Chandra of Bihar purchased goods for ₹ 1,00,000 from Sunil Soren of Jharkhand and sold the same to Deepak Patnaik of Odisha for ₹ 1,50,000.
March 5	Deepak Patnaik sold goods to Suresh Yadav of Odisha for ₹ 1,80,000.
March 10	Suresh Yadav sold goods to Ravi Chakravarti of West Bengal for ₹ 2,50,000.
March 14	Ravi Chakravarti sold goods costing ₹ 2,50,000 to Sanjay Diwedi of West Bengal at a profit of 40% on cost.