Which journals would have a column for GST?
A)Purchases and sales
B)All the special journals
C)Cash receipts and cash payments
D)Cash receipts and sales

Question

Quizplus · Accepted Answer

GST or Goods and Services Tax is a form of indirect tax imposed on the supply of goods and services in India. As all the special journals include specific transactions, it is possible that some of these transactions may involve the collection or payment of GST. Therefore, it is likely that special journals would have a column for GST. However, it cannot be determined with certainty which specific special journal would have a column for GST without more information.

Which Journals Would Have a Column for GST