1. On 1st July 2017 purchased 25 mobile phones costing Rs.12000 each from Mobile Solutions Ltd. in
Hyderabad including IGST @ 12% on cost (invoice No.06/TI/2017). Pass the necessary entry.
2. Sold 10 mobile phones on 01/07/2017 for Rs.15000/- each and charged GST @ 12% Invoice No.TI/01/17-18 to Mr. Suresh in Chennai as local sales. Please make Sales Invoice under GST.
3. Purchased 20 mobile phones from Thendralan Ltd. (Chennai) on 1st July 2017 costing Rs.12000 each with GST @ 12% (invoice No.03/TI/17-18). Make purchase entry.
4. Sold 20 mobile phone on 01/07/2017 Rs.15,000 each and charge IGST @ 12% invoice No.TI/02/17-18 to Mr. Mukilan and Company in Karnataka; pass the necessary entry.