Pass journal entries for the following transactions in the books of Mr. Kapil:
* (i) Purchased goods from Sonu for Rs. 1,50,000 at a trade discount of 10% plus CGST and SGST @ 6% each. * (ii) Sold goods to Mohit for Rs.50,000 and charged CGST and SGST @ 5% each. Out of the amount due 40% is received by cheque immediately. * (iii) Goods costing Rs. 25,000 withdrawn for personal use. Such goods were purchased by paying CGST and SGST@ 6% each. * (iv) Machinery purchased from M/ s, Bright Industries for Rs. 2,00,000 plus CGST and SGST@ 9% each. Paid Rs. 1,00,000 immediately by cheque and balance to paid after two months.
[June 2024, 4 X 1 = 4 Marks]