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)
· Samsung Monitors 10 sets each one 4,500/-
· LG Monitors 15 sets each one 4,300/-

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

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

5.Sales as fallows to Mahidar & Co (Inter State-Kerala)
· Samsung Monitors 5 sets each one 7,800/-
· LG Monitors 8 sets each one 8,300/-
· Sony Monitors 10 sets each one 10,900/-
· 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)
· F&D Speakers 10 sets each one 2,500/-
· HP Printers 20 sets each one 2,300/-

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

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

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

6.Cash paid to Manoj & son’s
7.Cash paid to Pradeep Traders
8.Cash from Ramu & Son’s
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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