![]() Information about Pass Journal Entries for the following: a. The Question and answers have been prepared 600 (CGST and SGST 9%)? for Clis part of Class 11 preparation. 3390 for goods sold by him after deducting conveyance expenses of Rs. He gave half portion of his house is given to his business. ![]() Received an order for goods along with advance for Rs. Pass Journal Entries for the following: a. It helps in maintaining financial records accurately and efficiently. Note: The journal entries are made for every transaction and are used in the bookkeeping process to record financial transactions. ![]() 600, and the CGST and SGST accounts are credited with Rs. The conveyance expenses account is credited with Rs. 3390, and the CGST and SGST accounts are debited with Rs. The CGST and SGST rate is 9%, and the sales account is credited with Rs. 3390 from a salesman for goods sold by him after deducting conveyance expenses of Rs. As a result, the owner's equity account is debited, and the capital account is credited.Ĭ. The owner gives half portion of his house to his business, and the value of the house is Rs. Therefore, the cash account is debited, and the advance received account is credited.ī. The business received an order for goods along with the advance payment of Rs. Conveyance Expenses Account Credit - Rs.
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