1.

Pass entries in the books of Devdhar & Bros. Odisha, assuming all transactions have been entered within the state, charging CGST and SGST 9% each: 2018 March 4 Purchased goods for ₹ 5,00,000 from Sunil Bros. 7 Goods returned to Sunil Bros. for ₹ 20,000 10 Sold goods to Mehta & Co. for ₹ 8,00,000 12 Goods returned by Mehta & Co. for ₹ 30,000 20 Goods withdrawn by Proprietor for personal use ₹ 10,000 25 Goods distributed as free samples ₹ 5,000 26 Paid advertisement expenses by cheque ₹ 20,000 31 Payment made of balance amount of GST.

Answer» Pass entries in the books of Devdhar & Bros. Odisha, assuming all transactions have been entered within the state, charging CGST and SGST 9% each:







































2018
March 4 Purchased goods for ₹ 5,00,000 from Sunil Bros.
7 Goods returned to Sunil Bros. for ₹ 20,000
10 Sold goods to Mehta & Co. for ₹ 8,00,000
12 Goods returned by Mehta & Co. for ₹ 30,000
20 Goods withdrawn by Proprietor for personal use ₹ 10,000
25 Goods distributed as free samples ₹ 5,000
26 Paid advertisement expenses by cheque ₹ 20,000
31 Payment made of balance amount of GST.


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