1.

Record the following transactions in the sales book of Vishal Electronics, Rajasthan. 2016July 3Sold to Karan Electronics, vide Invoice No.4315 Colour TV Sets Rs 20,000 eachLess : Trade discount 20%; and GST is charged 10% July 10Sold to Namit Electronics, vide Invoice No.43210 Washing machines Rs 8,000 eachLess : Trade discount 25% ; and GST is charged 10%July 12Sold to Krish and Sons, vide Cash Memo No.25106 Colour TV Sets Rs 18,000 eachLess : Trade discount 15%; and GST is charged 10% July 16Sold to Aarav Trading company, vide Invoice No.4338 Music systems Rs 15,000 each10 colour TV sets Rs 22,000 eachLess : Trade discount 20%; GST charged 10% ; Freight charged Rs 2,500 Here, we have taken the assumed rate of GST.

Answer»

Record the following transactions in the sales book of Vishal Electronics, Rajasthan.

2016July 3Sold to Karan Electronics, vide Invoice No.4315 Colour TV Sets Rs 20,000 eachLess : Trade discount 20%; and GST is charged 10% July 10Sold to Namit Electronics, vide Invoice No.43210 Washing machines Rs 8,000 eachLess : Trade discount 25% ; and GST is charged 10%July 12Sold to Krish and Sons, vide Cash Memo No.25106 Colour TV Sets Rs 18,000 eachLess : Trade discount 15%; and GST is charged 10% July 16Sold to Aarav Trading company, vide Invoice No.4338 Music systems Rs 15,000 each10 colour TV sets Rs 22,000 eachLess : Trade discount 20%; GST charged 10% ; Freight charged Rs 2,500

Here, we have taken the assumed rate of GST.



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