26 13.260 1,300 13,000 780 780 Cash A/C Dr Discount Allowed A/c Dr. To Sales Alc To Output CGST A/C To Output SGST A/C (Being goods sold to Alok for cash @ 12% GST and @10% cash discount) Cash Alc Dr. To Bad Debts Recovered A/c (Being the amount previously written off as bad debts now recovered) Advertisement A/C Dr. To Goods distributed as Free Sample Alc (Being to goods distributed as free sample) 28 1.000 1.000 30 5.000 5.000 Total 5,40,760 5,40,760 Explanatory notes dated 26th 1) Entry on April 26 value of goods Add 6% CGST Add 6% SGST 13,000 780 780 41 Total value 14,560 1.300 Less: Discount 10% on 13,000 cash received 13.260 April Illustration-8 Journalise the following transactions in the books of Reymond for the Month of April 2019 2019 1 Purchased goods from Kajal worth 72.00.000 at 5% Trade Discount and @ 18% GST and 4 amount paid by cheque, 4 Purchased Shares of Mahindra Company 60.000 and 1,000 paid as Brokerage 9 Sold goods to Ravikant worth 60,000 at 10% Trade Discount and @ 18% GST 13 amount received by cash at 5% Cash Discount. 10 Paid College Fees of proprietor's son 1,000. 12 Purchased Computer of 50,000 @ 18% GST 15 Paid Transport charges on the above computer of 2,000 20 Paid for Salary 315,000. 26 Paid for Rent 35,000 and Advertisement 15.000 27 Sold goods to Salman 20,000 @ 18% GST 30 Purchased Goods for 100,000 @ 12%GST and paid by cheque 30 Wages Outstanding 20,000