PLUS ONE ACCOUNTANCY | GST ACCOUNTS|ACCOUNTS UNDER GST | INPUT GST, OUTPUT GST |CLASS 11 ACCOUNTANCY

This class discusses the important accounts maintained under GST(Goods and Service tax). Seven accounts should be maintained under GST
INPUT CGST account & INPUT SGST account in the case of intra state purchases
INPUT IGST account in the case of inter state purchases
OUTPUT CGST account & OUTPUT SGST account in the case of intra state sales
OUTPUT IGST account for inter state sales
#class_11_accountancy
#GST_accounts
HOME WORK
Pass necessary journal entries for the following transactions of Mohan traders, Kerala
1. Purchased goods from Anil traders, Kerala, for Rs.10000 and GST rate is 18% ( CGST @ 9% , SGST @9%)
2. Purchased goods from Akash traders who is in another state(Karnataka) for Rs.22000 and GST rate is 18%
3. Sold goods to Rakesh, Palakkad, for Rs.15000 and GST rate is 18%
4. Sold goods to MB traders, Mumbai, for Rs.12000 and GST rate is 18%
3. Sold goods to a customer

[@anjanaanjana823]

Very nice class Teacher

[@arunimaanamika6215]

Super class TR

[@jyothika.2385]

Thankyou❤

[@praveenkkanakkath6717]

Teacher super class. .Eniyum videos pratheeshikkunnu

[@ecedumate1256]

first year classukal ellam E&C edumate channelil undu

[@greenbullvlogs8201]

Valare nalla class ayirunnu thank you mam

[@snehapv2224]

Well explained thanku miss ❤️

[@unique5605]

Set off cheyyunnathum engne aanenn kaanikanamaayirunnu🙂🚶‍♀️

[@Nihal_vlog_798]

Thank You mam

[@Sradhakrishnaaa]

Thank you teacher...😁❤️

[@jomathew7807]

Thank you

[@safeenarasheed5217]

👍👍

[@antojames6662]

What do you mean by out put and input