Sold household furniture and paid amount into business Rs 2000...jounal entry...

CGST and SGST 6% charged intra state sale and purchase...

Dear Student
 
Journal 
Date Particulars    Debit   Credit 
         
  Cash A/c Dr.                 2,000  
    To Capital A/c                     2,000
  (Being personal asset sold and money infused in business)      

Please note that since here persona asset is sold GST shall not be applicable.


Regards

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Cash a/c dr. 2000
to capital a/c 2000
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