12. Naman has following balances in his GST Accounts as on 31st March, 2024:
| Particulars | IGST(₹) | CGST(₹) | SGST(₹) |
|---|---|---|---|
| Input GST | 2,50,000 | 2,00,000 | 2,00,000 |
| Output GST | 4,00,000 | 1,50,000 | 1,50,000 |
Pass the Journal entries for set-off of GST.
T.S.Grewal/2024 Edition/Practical Problems/Q-12
For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.
Answer :