GST Accounting Entries in Tally – Purchase & Sales (CGST,SGST)

GST Accounting Entries in Tally – Purchase & Sales (CGST,SGST)

GST Accounting Entries in Tally – Purchase & Sales (CGST,SGST)

Problem 1


1. Mr.Sampanth Started a new business with 5,00,000/-
2. Rent Paid 25,000/-
3. Purchase as fallows from Ravi & Son’s 
(A.P):-
*  Samsung Mobiles 10 no’s Each one 7,200/-
*  Redmi Mobiles 15 no’s Each one 6,500/-
*  Appo Mobiles 8 no’s Each one 4,300/-

4. Cash deposited into HDFC 35,000/-
5. Power bill paid through bank 2,650/-
6. Sales as fallows to Ganesh & Co
(A.P):-
*    Samsung Mobiles 10 no’s Each one 10,500/-
*    Redmi Mobiles 15 no’s Each one 9,600/-
*    Appo Mobiles 8 no’s Each one 7,900/- 

7. Cash with draw from HDFC 10,000/-
8. Cash paid to Ravi & Son’s
9. Cash receive from Ganesh & Co
10. Internet bill paid through bank 550/-

(Note:- Mobile Phones in GST : 12%)

 




Problem 2

1. Miss.Sunitha Started a new business with 10,00,000/-
2. Furnicher purchased 40,000/-
3. Scooter Purchased 55,000/-
4. Purchase as fallows Santhi & co (A.P):-

   * Samsung LED Tv’s 10 no’s Each one 18,500/-
* Sony LED Tv’s 10 no’s Each one 19,400/-
* Videocon LED Tv’s 10 no’s Each one 14,700/- 

4. Cash deposited into Andhra bank 50,000/-
5. Rent paid through bank 12,000/-
6. Sales as fallows to Balaji Traders 
(A.P):-
  * Samsung LED Tv’s 10 no’s Each one 25,200/-   * Sony LED Tv’s 10 no’s Each one 30,100/-
* Videocon LED Tv’s 10 no’s Each one 19,300/- 

7. Cash with draw from Andhra Bank 22,000/-
8. Depreciation on Scooter 11,000/-
9. Cash paid to Santhi & co
10. Cash receive from Balaji Traders
(Note:- Electronics in GST : 28%)

durgaprasad

comments
  • Hi sir
    Plz explain the payroll problems

  • THANK YOU VERY MUCH

  • Thank you,

    Maaku ee videos chala help ayinavi.

  • Thank You So Much Sir
    Can You Explain VAT Problem’s Together Sir…………………………….

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