GST Accounting Entries in Tally-Part-2 – Purchase & Sales (IGST)

GST Accounting Entries in Tally-Part-2 – Purchase & Sales (IGST)

GST Accounting Entries in Tally-Part-2 – Purchase & Sales (IGST)


Problem 1:-

1.Mr.Sampanth(A.P) started a new business with 5,00,000/-
2.Purchase as fallows from Vimala Traders (Local-A.P)
路 Samsung Monitors 10 sets each one 4,500/-
路 LG Monitors 15 sets each one 4,300/-

3.Purchase as fallows from Sanjay & Co (Inter State-Maharashtra)
路 Sony Monitors 20 sets each one 6,000/-
路 Videocon Monitors 20 sets each one 3,800/-

4.Sales as fallows to Vijaya Traders (Local Intra A.P)
路 Samsung Monitors 5 sets each one 7,200/-
路 LG Monitors 7 sets each one 8,000/-
路 Videocon Monitors 10 sets each one 6,100/-
路 Sony Monitors 10 sets each one 10,500/-

5.Sales as fallows to Mahidar & Co (Inter State-Kerala)
路 Samsung Monitors 5 sets each one 7,800/-
路 LG Monitors 8 sets each one 8,300/-
路 Sony Monitors 10 sets each one 10,900/-
路 Videocon Monitors 10 sets each one 6,700/-

6.Cash paid to Vimala Traders.
7.Cash paid to Sanjay & Co.
8.Cash from Vijaya Traders.
9.Cash from Mahidar & Co.

(Note:- below 17 inch Monitors GST 18%)



Problem 2:-
1.Miss.Sanjana(A.P) started a new business with 4,50,000/-
2.Purchase as fallows from Manoj & Sons (Local-A.P)
路 F&D Speakers 10 sets each one 2,500/-
路 HP Printers 20 sets each one 2,300/-

3.Purchase as fallows from Pradeep Traders (InterState-Tamilanadu)
路 Cameras 20 no鈥檚 each one 6,000/-

4.Sales as fallows to Ramu & Son鈥檚 (Local A.P)
路 F & D Speakers 5 sets each one 4,100/-
路 HP Printers 10 sets each one 3,800/-
路 Cameras 12 no鈥檚 each one 9,200/-

5.Sales as fallows to Jagadeesh Traders (Inter state-odisa)
路 F & D Speakers 5 sets each one 5,200/-
路 HP Printers 10 sets each one 4,300/-
路 Cameras 8 no鈥檚 each one 10,300/-

6.Cash paid to Manoj & son鈥檚
7.Cash paid to Pradeep Traders
8.Cash from Ramu & Son鈥檚
9.Cash from Jagadeesh Traders.
(Note:- Speakers,Printers,Cameras in GST 12%)

durgaprasad

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  • please provide answers we want to check either our sum is right or wrong

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