Double Entry Book Keeping Ts Grewal 2018 for Class 11 Commerce Accountancy Chapter 8

Question 1:

Record the following transactions in the Purchases Book of Subhash General Stores, Delhi:


2018
May 1		Bought from M/s. Chunni Lal Mam Raj, Delhi:
		100 bags of ITC Wheat Atta @ ₹530 per bag
		50 bags of Rice Basmati @ ₹500 per bag
		Less: Trade Discount @ 10%
		CGST and SGST @ 6% each was payable on the purchases
May 3		Bought from M/s. Kanodia Oil Mills, Delhi:
		40 tins Oil @ ₹1,500 per tin
		20 tins Banaspati Oil @ ₹900 per tin
		Less: Trade Discount @ 5%
		CGST and SGST @ 6% each was payable on the purchases
May 4		Purchased from M/s. Gupta Bros., Hapur:
		25 bags gram @ ₹480 per bag
		40 bags oats @ ₹25 per bag
		Less: Trade Discount @ 5%
		IGST @ 12% was payable on the purchases

Answer:

Purchases Book
Date	Particulars	Invoice No.	L.F.	Details	Cost	Input CGST	Input SGST	Input IGST	Total
May 01	M/s Chunni Lal Mam Raj, Delhi
	100 bags of ITC Wheat Atta @ Rs 530 per bag			53,000
	50 bags of Rice Basmati @ Rs 500 per bag			25,000
				78,000
	Less: 10% T.D.			7,800
				70,200
	Add: CGST @ 6%			4,212
	Add: SGST @ 6%			4,212
				78,624	70,200	4,212	4,212	–	78,624

May 03	M/s Kanodia Oil Mills, Delhi
	40 tins Oil @ Rs 1,500 per tin			60,000
	20 tins Banaspati Oil @ Rs 900 per tin			18,000
				78,000
	Less: 5% T.D.			3,900
				74,100
	Add: CGST @ 6%			4,446
	Add: SGST @ 6%			4,446
				82,992	74,100	4,446	4,446	–	82,992
May 03	M/s Gupta Bros., Hapur
	25 bags gram @ Rs 480 per bag			12,000
	40 bags Oats @ Rs 25 per bag			1,000
				13,000
	Less: 5% T.D.			650
				12,350
	Add: IGST @ 12%			1,482
				13,832	12,350	–	–	1,482	13,832
					1,56,650	8,658	8,658	1,482	1,75,448

Question 2:

Verma Bros. Kolkata carry on business as wholesale cloth dealer. From the following, write up their Purchases Book for January, 2018:

April 3	Purchased on credit from M/s. Birla Mills, Kolkata:
	100 pieces long cloth @ ₹ 800 each
	50 pieces shirting @ ₹ 500 each
	CGST and SGST payable @ 6% each
April 8	Purchased for cash from M/s. Ambika Mills, Ahmedabad:
	50 pieces muslin @ ₹ 1,000 each
	IGST payable @ 12%
April 15	Purchased on credit from M/s. Arvind Mills, Ahmedabad:
	20 pieces coating @ ₹ 2,000 each
	10 pieces shirting @ ₹ 500 each
	IGST payable @ 12%
April 20	Purchased on credit from M/s. Bharat Typewriter Ltd. Kolkata:
	5 typewriters @ ₹ 1,400 each
	CGST and SGST payable @ 6% each

Answer:

**Purchases Book of Verma Bros., Kolkata**
Date	Particulars	Invoice No.	L.F.	Details	Cost	Input CGST	Input SGST	Input IGST	Total
Jan 03	M/s Birla Mills, Kolkata
	100 pieces long cloth @ Rs 800 each			80,000
	50 pieces shirting @ Rs 500 each			25,000
				1,05,000
	Add: CGST @ 6%			6,300
	Add: SGST @ 6%			6,300
				1,17,600	1,05,000	6,300	6,300	–	1,17,600
Jan 15	M/s Arvind Mills, Ahmedabad
	20 pieces coating @ Rs.2,000 each			40,000
	10 pieces shirting @ Rs.500 each			5,000
				45,000
	Add: IGST @ 12%			5,400
				50,400	45,000	-	-	5,400	50,400
Jan 31					1,50,000	6,300	6,300	5,400	1,68,000

Question 3:

From the following information of Kamal, Guwahati, prepare a Purchases Book and post them into Ledger:

2018
April 1	Purchased from Videocon India Ltd., Kolkata;
	30 Colour T.Vs @ ₹ 15,000 each, less Trade Discount @ 10% plus IGST @ 12%. Freight charges ₹ 2,000.
April 15	Purchased from Sony India Ltd., Guwahati:
	10 colour T.Vs @ ₹ 20,000 each less Trade Discount @ 10% plus CGST and SGST @ 6% each.
April 20	Purchased from Music India Ltd., Delhi:
	10 music systems @ ₹ 10,000 each less Trade Discount @ 15% plus IGST @ 12%.
April 30	Purchased from Videocon India Ltd., Kolkata:
	5 washing machine @ ₹ 15,000 each less Trade Discount @ 20%, plus IGST @ 12%, Freight charges ₹ 1,000.

Answer:

Purchases Book of Kamal, Guwahati
Date	Particulars	Invoice No.	L.F.	Details	Cost	Input CGST	Input SGST	Input IGST	Freight Charges	Total
2018 April 01	Videocon India Ltd., Kolkata
	30 Color T.Vs. @ Rs.15,000 each			4,50,000
	Less: 10% T.D.			45,000
				4,05,000
	Add:IGST @ 12%			48,600
	Add:Freight Charges			2,000
				4,55,600	4,05,000	–	–	48,600	2,000	4,55,600

April 15	Sony India Ltd., Guwahati
	10 Color T.Vs. @ Rs.20,000 each			2,00,000
	Less: 10% T.D.			20,000
				1,80,000
	Add: CGST @ 6%			10,800
	Add: SGST @ 6%			10,800
				2,01,600	1,80,000	10,800	10,800	–	–	2,01,600
April 20	Music India Ltd., Delhi
	10 Music Systems @ Rs.10,000 each			1,00,000
	Less: 15% T.D.			15,000
				85,000
	Add: IGST @ 12%			10,200
				95,200	85,000	–	–	10,200		95,200
April 30	Videocon India Ltd., Kolkata
	5 Washing Machines @ 15,000 each			75,000
	Less: 20% T.D.			15,000
				60,000
	Add: IGST @ 12%			7,200
	Add: Freight Charges			1,000
				68,200	60,000		–	7,200	1,000	68,200
April 30					7,30,000	10,800	10,800	66,000	3,000	8,20,600

Purchases Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)		Date	Particulars	J.F.	Amount (₹)
2018
April 30	Sundries of Purchases as per
	Purchases Book for the month of April		7,30,000

Freight Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018
April 01	Videocon India Ltd.		2,000
April 30	Videocon India Ltd.		1,000

Videcon India Ltd.
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 01	Purchases		4,05,000
				April 01	Input IGST		48,600
				April 01	Freight		2,000
				April 30	Purchases		60,000
				April 30	Input IGST		7,200
				April 30	Freight		1,000

Soni India Ltd.
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 15	Purchases		1,80,000
				April 15	Input CGST		10,800
				April 15	Input SGST		10,800

Music India Ltd.
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 20	Purchases		85,000
				April 20	Input IGST		10,200

Input IGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2017
				April 01	Videocon India Ltd.		48,600
				April 20	Music India Ltd.		10,200
				April 30	Videocon India Ltd.		7,200

Input CGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 15	Sony India Ltd.		10,800

Input SGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)		Date	Particulars	J.F.	Amount (₹)
					2018
					April 15	Sony India Ltd.		10,800

Input IGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2017
				April 01	Videocon India Ltd.		48,600
				April 20	Music India Ltd.		10,200
				April 30	Videocon India Ltd.		7,200

Question 4:

The following purchases were made by M/s. B.K Gupta, Kolkata, during the month of April, 2018. Prepare Purchases Book and post them in the Ledger Accounts:

2018
April 8	Purchased on credit from Subodh Brothers, Delhi: 5 chests of tea @ ₹ 7,000 per chest at a Trade Discount of 10% plus IGST @ 12% and packing and other charges ₹ 500.
April 12	Purchased in cash 20 boxes of tea @ ₹ 500 per box at a Trade Discount of 10% plus CGST and SGST @ 6% each.
April 18	Purchased on credit 3 show cases @ ₹ 7,500 per case from Raj Furnishing House at a Trade Discount of 10% plus CGST and SGST @ 6% each.
April 20	Purchased on credit 15 boxes of tea @ ₹ 600 per box at a Trade Discount of 10% from Siliguri Tea Agency, Siliguri, West Bengal plus CGST and SGST @ 6% each and packing and other charges ₹ 50.
April 25	Purchased 5 kgs of Special Green Tea on credit from Darjeeling Tea House, Darjeeling, West Bengal @ ₹ 500 per kg at a Trade Discount of 10% plus CGST and SGST @ 6% each for household consumption of proprietor.

Answer:

Books of M/s. B. K. Gupta, Kolkata Purchases Books
Date	Particulars	L.F.	Details (₹)	Cost (₹)	Input IGST (₹)	Input CGST (₹)	Input SGST (₹)	Packing and Other Charges (₹)	Total (₹)
2018
April 08	Subodh BrotheRs, Delhi
	5 chests of tea @ Rs 7,000 per chest		35,000
	Less: 10% Trade Discount		(3,500)
			31,500
	Add: 12% IGST		3,780
	Add: Packing and Other Charges		500
			35,780	31,500	3,780	-	-	500	35,780

April 20	Siliguri Tea Agency, Siliguri
	15 Boxes Tea @ Rs 600 per Box		9,000
	Less: 10% Trade Discount		(900)
			8,100
	Add: 6% SGST		486
	Add: 6% CGST		486
	Add: Packing and Other Charges		00050
			9,122	8,100	-	486	486	50	9,122
April 30				39,600	3,780	486	486	550	44,902

Purchases Account
Dr.					Cr.
Date	Particulars	J.F.	Amount (₹)	Date		Particulars	J.F.	Amount (₹)
2018
April 30	Sundries of Purchases
	as per Purchases Book
	for the month of April		39,600

Packing and Other Charges Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018
April 08	Subodh BrotheRs		500
April 20	Siliguri Tea Agency		50

Subodh Brothers
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 08	Purchases		31,500
				April 08	Input IGST		3,780
				April 08	Freight and Other Charges		500

Siliguri Tea Agency
Dr.					Cr.
Date	Particulars	J.F.	Amount (₹)	Date		Particulars	J.F.	Amount (₹)
				2018
				April 20		Purchases		8,100
				April 20		Input CGST		486
				April 20		Input SGST		486
				April 20		Freight and Other Charges		50

Input IGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018
April 08	Subodh Brothers		3,780

Input CGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018
April 20	Siliguri Tea Agency		486

Input SGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018
April 20	Siliguri Tea Agency		486

Question 5:

Prepare a Sales Book from the following transactions of Hema Traders, Kolkata dealing in furniture. Open a Ledger Account also:

2018
April 1	Sold to M/s. Gupta Furniture House, Delhi:
	100 Chairs @ ₹ 1,500 per chair
	40 Tables @ ₹ 2,000 per table
	Less: Trade Discount @ 5%
	Charged IGST @ 12%
April 10	Sold to M/s. Ajit Singh & Sons, Kolkata:
	150 Desks @ ₹ 1,000 per desk
	160 Chairs @ ₹ 1,500 per chair
	Less: Trade Discount @ 5%
	Charged CGST and SGST @ 6% each
April 15	Sold to M/s. Ideal Furniture House, Darjeeling:
	10 Sofa sets @ ₹ 75,000 each
	5 Almirahs @ ₹ 3,000 each
	25 Office Tables @ ₹ 4,000 each
	Less: Trade Discount @ 10%
	Charged CGST and SGST @ 6% each

Answer:

Sales Book of Hema Traders, Kolkata
Date	Particulars	Invoice No.	L.F.	Details (Rs)	Sales Value (Rs)	Output IGST (Rs)	Output CGST (Rs)	Output SGST (Rs)	Total (Rs)
2018
April 01	M/s Gupta Furniture House, Delhi
	100 chairs@ Rs 1,500 per chair			1,50,000
	40 Tables @ Rs 2,000per table			80,000
				2,30,000
	Less: 5% Trade Discount			(11,500)
				2,18,500
	Add: 12% IGST			26,220
				2,44,720	2,18,500	26,220	-	-	2,44,720
April 10	M/s. Ajit Singh & Sons, Kolkata
	150 Desks @ Rs 1,000 per desk			1,50,000
	160 Chairs @ Rs 1,500 per chair.			2,40,000
				3,90,000
	Less: 5% Trade Discount			(19,500)
				3,70,500
	Add: 6% CGST			22,230
	6% SGST			22,230
				4,14,960	3,70,500	-	22,230	22,230	4,14,960
April 15	M/s. Ideal Furniture House, Darjeeling
	10 Sofa sets @ Rs 75,000 each			7,50,000
	5 Almirahs @ each Rs 3,000 each			15,000
	25 Office Tables @ Rs 4,000 each			1,00,000
				8,65,000
	Less: 10% Trade Discount			(86,500)
				7,78,500
	Add: 6% CGST			46,710
	6% SGST			46,710
				8,71,920	7,78,500		46,710	46,710	8,71,920
April 30					13,67,500	26,220	68,940	68,940	15,31,600

Sales Account
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
				2018
				April 30	Sundries as per the Sales Book		13,67,500

M/s. Gupta Furniture House, Delhi
Dr.					Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2018
April 01	Sales		2,18,500
April 01	Output IGST		26,220

M/s. Ajit Singh & Sons, Kolkata
Dr.					Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2018
April 10	Sales		3,70,500
April 10	Output CGST		22,230
April 10	Output SGST		22,230

M/s. Ideal Furniture House, Darjeeling
Dr.					Cr.
Date	Particulars	J.F.	Amount (Rs)	Date		Particulars	J.F.	Amount (Rs)
2018
April 15	Sales		7,78,500
April 15	Output CGST		46,710
April 15	Output SGST		46,710

Output IGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 01	M/s Gupta Furniture House		26,220

Output CGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 10	M/s. Ajit Singh & Sons		22,230
				April 15	M/s. Ideal Furniture House		46,710

Output SGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 10	M/s. Ajit Singh & Sons		22,230
				April 15	M/s. Ideal Furniture House		46,710

Question 6:

From the following particulars, prepare a Sales Book of M/s. Gyan Prasad & Bros., Delhi, dealers of stationery and post into Ledger Accounts:

2017
July 1	Sold to M/s. Stationery Mart, Delhi on credit:
	10 reams of white paper @ ₹ 300 per ream
	Charged CGST and SGST @ 6% each
July 2	Sold to M/s. Puran Chand & Co., Chandigarh:
	6 dozen pens @ ₹ 200 per dozen
	Charged IGST @ 12%
July 10	Sold old newspaper for cash ₹ 62
July 25	Sold on credit to M/s. Rahim & Co., Varanasi:
	10 Drawing Boards @ ₹ 500 per piece
	Charged IGST @ 12%
July 30	Sold to M/s. Kay Cee & Co., Delhi on credit:
	4 Portable Study Tables @ ₹ 5,000 per table
	Charged CGST and SGST @ 6% each

Answer:

Books of M/s. B. K. Gupta, Kolkata Purchases Books
Date	Particulars	Invoice No.	L.F.	Details (₹)	Sale Value (₹)	Output IGST (₹)	Output CGST (₹)	Output SGST (₹)	Total (₹)
2018
July 01	M/s Stationery Mart, Delhi
	10 reams white paper @ Rs.300 per ream			3,000

	Add: 6% CGST			180
	6% SGST			180
				3,360	3,000	-	180	180	3,360

July 02	M/s Puran Chand & Company,Chandigarh
	6 dozens of pens @ Rs.200 per dozen			1,200
	Add: 12% IGST			144
				1,344	1,200	144	-	-	1,344

July 25	M/s Rahim & Co.,Varanasi
	10 Drawing Boards @ Rs.500 per piece			5,000
	Add: 12% IGST			600
				5,600	5,000	600	-	-	5,600
July 30	M/s Kay Cee & Co., Delhi
	4 Portable Study Tables @ Rs.5,000 per table			20,000
	Add: 6% CGST			1,200
	6% SGST			1,200
				22,400	20,000	-	1,200	1,200	22,400
July 31					29,200	744	1,380	1,380	32,704

Sales Account
Dr.					Cr.
Date	Particulars	J.F.	Amount (₹)	Date		Particulars	J.F.	Amount (₹)
				2018
				July 31		Sundries of Sales as per Sales Book for the month of July		29,200

M/s Stationery Mart, Delhi
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018
July 01	Sales		3,000
July 01	Output CGST		180
July 01	Output SGST		180

M/s Puran Chand & Co., Chandigarh
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018
July 02	Sales		1,200
July 02	Output IGST		144

M/s Rahim & Co., Varanasi
Dr.					Cr.
Date	Particulars	J.F.	Amount (₹)	Date		Particulars	J.F.	Amount (₹)
2018
July 20	Sales		5,000
July 20	Output IGST		600

Output IGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				July 02	M/s Puran Chand & Co., Chandigarh		144
				July 20	M/s Rahim & Co.,Varanasi		600

Output CGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				July 01	M/s Stationery Mart, Delhi		180
				July 30	M/s Kay Cee & Co., Delhi		1,200

Output SGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				July 01	M/s Stationery Mart, Delhi		180
				July 01	M/s Kay Cee & Co., Delhi		1,200

M/s Kay Cee & Co., Delhi
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018
July 30	Sales		20,000
July 30	Output CGST		1,200
July 30	Output SGST		1,200

Question 7:

From the following particulars, prepare Sales Book of Gupta & Co., Kolkata who deals in furniture :

2018
Jan. 5	Sold on credit to Hari & Co., Kolkata:
	10 Tables @ ₹ 1,100 each
	20 Chairs @ ₹ 1,000 each
	Charged CGST and SGST @ 6% each
Jan. 10	Sold to M/s. Sharma & Co., Delhi on credit:
	5 Almirahs @ ₹ 5,000 each
	5 Stools @ ₹ 1,000 each
	Charged IGST @ 12%
Jan. 20	Sold old typewriter for ₹ 600 to Raja & Co., Kolkata on credit
	Charged CGST and SGST @ 6% each
Jan. 20	Sold to M/s. Sohan Lal & Bros., Kolkata on credit:
	5 Tables @ ₹ 2,500
	1 Revolving Chair @ ₹ 5,000 each
	Charged CGST and SGST @ 6% each

Answer:

2018
Jan.05	Hari & Co., Kolkata
	20 chairs@ Rs 1,000 per chair	20,000
	10 Tables @ Rs 1,100 per table	11,000
		31,000
	Add: 6% CGST 6% SGST	1,860 1,860
		34,720	31,000	-	1,860	1,860	34,720
Jan.10	M/s. Sharma & Co., Delhi
	5 Almirahas @ Rs. 5,000 each	25,000
	5 Stools @ Rs. 1,000 each	5,000
		30,000

	Add: 12% IGST	3,600

		33,600	30,000	3,600	-	-	33,600
Jan. 25	M/s. Sohan Lal & Brothers, Kolkata
	5 Tables @ Rs 2,500 each	12,500
	1 Revolving Chair @ Rs. 5,000 each	5,000
		17,500
	Add: 6% CGST	1,050
	6% SGST	1,050
		19,600	17,500	-	1,050	1,050	19,600
Jan 31			78,500	3,600	2,910	2,910	87,920

Sales Account
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
				2018
				Jan 31	Sundries as per the Sales Book		78,500

Hari & Co., Kolkata
Dr.					Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2018
Jan 05	Sales		31,000
Jan 05	Output CGST		1,860
Jan 05	Output SGST		1,860

M/s. Sharma & Co. , Delhi
Dr.					Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2018
Jan 10	Sales		30,000
Jan 10	Output IGST		3,600

M/s. Sohan Lal & Brothers, Kolkata
Dr.					Cr.
Date	Particulars	J.F.	Amount (Rs)	Date		Particulars	J.F.	Amount (Rs)
2018
Jan 25	Sales		17,500
Jan 25	Output CGST		1,050
Jan 25	Output SGST		1,050

Output IGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				Jan 10	M/sSharma & Co.		3,600

Output CGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				Jan 05	M/s. Hari & Co.		1,860
				Jan 25	M/s. Sohan Lal Brothres		1,050

Output SGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				Jan 05	M/s. Hari & Co.		1,860
				Jan 25	M/s. Sohan Lal Brothres		1,050

Question 8:

Prepare the Purchase Book and Sales Book from the following transactions:

2018
Jan. 1	Bought from M/s. Uma Datt, Mumbai, on credit:
	1,000 Ragisters @ ₹ 80 each
	50 Reams Paper @ ₹ 250 per ream
	Less: Trade Discount 25%
	Add: IGST @ 5%
Jan. 2	Sold to Shri Dayal, Bengaluru:
	250 Registers @ ₹ 85 each
	5 Reams paper @ ₹ 300 per ream
	Charged CGST and SGST @ 2.5% each
Jan. 8	Bought from BILT, Delhi:
	100 Reams Ruled Paper @ ₹ 600 per ream
	Less: Trade Discount 15%
	Plus IGST @ 5%
Jan. 12	Sold to Gupta Bros., Delhi:
	250 Registers @ ₹ 85 each
	50 Reams Ruled Paper @ 700 per ream
	Less: Trade Discount 5%, charged IGST @ 5%
Jan. 18	Sold to Ram Saran Das:
	20 copies Double Entry Book Keeping @ ₹ 85 each
Jan. 25	Bought from Hari Ram, Delhi:
	1,000 pens @ ₹ 10 each
	Less: Trade Discount 15%
	Plus IGST @ 5%
Jan. 31	Sold to Rishi Kumar, Bengaluru:
	300 Registers @ ₹ 90 each
	50 Reams Ruled Paper @ ₹ 700 per ream
	20 Reams Paper @ ₹ 300 per ream
	Trade Discount 10%, charged CGST and SGST @ 2.5% each

Answer:

Purchases Book of Rahul, Bengaluru
Date	Particulars	Invoice No.	L.F.	Details	Cost	Input IGST	Total
2018
Jan. 01	M/s Uma Dutt, Mumbai
	1,000 Registers @ Rs. 80 each			80,000
	50 Reams Paper@ Rs. 250per ream			12,500
				92,500
	Less: 10% T.D.			23,125
				69,375
	Add: IGST @ 5%			3,469

				72,844	69,375	3,469	72,844

Jan. 08	BILT, Delhi
	100 Reams Ruled Paper @ Rs. 600 per ream			60,000
	Less: 15% T.D.			9,000
				51,000
	Add: IGST @ 5%			2,550

				53,550	51,000	2,550	53,550
Jan. 25	Hari Ram, Delhi
	1,000 Pens @ Rs. 10 each			10,000
	Less: 15% T.D.			1,500
				8,500
	Add: IGST @ 5%			425
				8,925	8,500	425	8,925
Jan. 31					1,28,875	6,444	1,35,319

Sales Book of Rahul, Bengaluru
Date	Particulars	Invoice No.	L.F.	Details (Rs)	Sales Value (Rs)	Output IGST (Rs)	Output CGST (Rs)	Output SGST (Rs)	Total (Rs)
2018
Jan. 02	Shri Dayal, Bengalur
	250 Registers @ Rs. 85 each			21,250
	5 Reams Paper @ Rs. 300 per ream			1,500
				22,750
	Add: 2.5% CGST 2.5% SGST			569 569
				23,888	22,750	-	569	569	23,888


Jan. 12	M/s.Gupta Bros., Delhi
	250 Registers @ Rs. 85 each			21,250
	50 Reams Ruled Paper @ Rs. 700 per ream			35,000
				56,250
	Less: 5% Trade Discount			(2,812)
				53,438
	Add: 5% IGST			2,672
				56,110	53,438	2,672	-	-	56,110

Jan. 18	Ram Saran Das
	20 copies Double Entry Book Keeping @ Rs. 85 each			1,700
					1,700	-	-	-	1,700
Jan. 31	Rishi Kumar, Bengaluru
	300 Registers @ Rs. 90 each			27,000
	50 Reams Ruled Paper @ Rs. 700 per ream			35,000
	20 Reams Paper @ Rs. 300 per ream			6,000
				68,000
	Less: 10% Trade Discount			6,800
				61,200
	Add: 2.5% CGST			1,530
	2.5% SGST			1,530
				64,260	61,200	-	1,530	1,530	64,260
Jan. 31					1,39,088	2,672	2,099	2,099	1,45,958

Question 9:

Prepare Purchases Return Book of Aruna Stores, Kolkata from the following transactions and post them into Ledger:

2018
Jan. 10	Returned to Sohan & Sons, Kolkata:
	10 Rohtas fans 36'' @ ₹ 1,250 each
	Trade Discount 10%
	CGST and SGST was paid @ 6% each
Jan. 25	Returned to Ram & Co., Delhi:
	25 Tube-lights @ ₹ 200 each
	IGST was paid @ 12%

Answer:

Books of Aruna Stores Purchases Return Book
Date	Particulars	Debit Note No	L.F.	Details (Rs)	Cost (Rs)	Input CGST (Rs.)	Input CGST (Rs.)	Input IGST (Rs.)	Total (Rs.)
2018
Jan.10	Sohan & Sons, Kolkata
	10 Rohtas Fan 36” @ 1,250 each			12,500
	Less: 10% Trade Discount			(1,250)
				11,250
	Add: 6% CGST			675
	6% SGST			675
				12,600	11,250	675	675	-	12,600

Jan.25	Ram & Co.
	25 Tubelights @ Rs. 200 each			5,000
	Add: 12% IGST			600
				5,600	5,000	-	-	600	5,600
Jan. 31					16,250	675	675	600	18,200

Question 10:

Record following transactions in the Purchases Return Book of Kamla Stores for June 2017:

2018
June 6	Returned goods to Ramesh Brothers, Delhi purchased for ₹ 5,000 plus CGST and SGST @ 6% each
June 8	Returned goods to Sohan Brothers, Meerut purchased for ₹ 10,000 plus IGST @ 12%
June 17	Returned goods to Mahesh Brothers of ₹ 2,000 plus CGST and SGST @ 6% each

Answer:

Books of Kamla Stores Purchases Return Book

Date	Particulars	Debit Note No	L.F.	Details (Rs)	Cost (Rs.)	Input CGST (Rs.)	Input SGST (Rs.)	Input IGST (Rs.)	Total (Rs.)
2018
April 06	Ramesh Brothers, Delhi			5,000
	Add: 6% CGST			300
	6% SGST			300
				5,600	5,000	300	300	-	5,600

April 08	Sohan Brothers, Meerut			10,000
	Add: 12% IGST			1,200
				11,200	10,000	-	-	1,200	11,200

April 17	Mahesh Brothers			2,000
	Add: 6% CGST			120
	6% SGST			120
				2,240	2,000	120	120	-	2,240
April 30					17,000	420	420	1,200	19,040

Question 11:

Prepare Sales Return Book of Shiv Shankar, Delhi from the following transactions and post them into Ledger:

2018
Feb. 10	Rama Stores Delhi returned:
	2 Televisions Sony sold @ ₹ 20,000 each plus CGST and SGST @ 9% each
Feb. 20	Sohan Singh & Co. Dehradun returned:
	3 Washing Machines Videocon sold @ ₹ 10,000 each plus IGST @ 18%

Answer:

Sales Return Book of Shiv Shankar, Delhi
Date	Particulars	Credit Note No.	L.F.	Details (Rs)	Sales Value (Rs)	Output CGST (Rs.)	Output SGST (Rs.)	Output IGST (Rs.)	Total (Rs.)
2018
Feb.10	Rama Stores, Delhi
	2 Television Sony sold @ Rs. 20,000 each			40,000
	Add: 9% CGST			3,600
	9% SGST			3,600
				47,200	40,000	3,600	3,600	-	47,200

Feb.20	Sohan Singh & Co., Dehradun
	3 Washing Machines Videocon sold @ Rs. 10,000 each			30,000
	Add: 18% IGST			5,400
				35,400	30,000	-	-	5,400	35,400
Feb. 28					70,000	3,600	3,600	5,400	82,600

Question 12:

Enter the following transactions in the Sales Return Book of Raj Computers, Delhi:

2018
July 1	Sohan & Sons returned 2 Laptops HP sold @ ₹ 40,000 each plus CGST and SGST @ 6% each
July 2	Ramesh & Sons, Noida returned 2 'Ricoh' printers sold @ ₹ 10,000 each plus IGST @ 12%
July 25	Dinesh, Chandigarh returned 10 HP Desktops sold @ ₹ 20,000 each plus IGST @ 12% for delayed supply
July 26	Computer Mouse returned by Ravi, Delhi sold to him for cash ₹ 2,000 plus CGST and SGST @ 6% each

Write up the Ledger Accounts.

Answer:

Sales Return Book of Raj Computers, Delhi
Date	Particulars	Credit Note No	L.F.	Details (Rs)	Sales Value (Rs)	Output CGST (Rs.)	Output SGST (Rs.)	Output IGST (Rs.)	Total (Rs.)
2018
July 01	Sohan & Sons, Delhi
	2 Laptops HP sold @ Rs. 40,000 each			80,000
	Add: 6% CGST			4,800
	6% SGST			4,800
				89,600	80,000	4,800	4,800	-	89,600

July 02	Ramesh & Sons, Noida
	2 Ricoh Printers sold @ Rs. 10,000 each			20,000
	Add: 12% IGST			2,400
				22,400	20,000	-	-	2,400	22,400

July 25	Dinesh, Chandigarh
	10 HP Desktop sold @ Rs. 20,000 each			2,00,000
	Add:12% IGST			24,000
				2,24,000	2,00,000	-	-	24,000	2,24,000
July 31					3,00,000	4,800	4,800	26,400	3,36,000

Question 13:

Prepare Returns Inward and Return Outward Books of Manoj, Mumbai from the following transactions:

2018
March 1	Mathur Bros., New Delhi, returned:
	5 pairs of Shoes for being defective @ ₹ 2,000 per pair
	Less: Trade Discount 10%, IGST was charged @ 18%
March 5	Returned to Kanpur Leather Private Ltd., Kanpur:
	100 pairs of Chappals being not up to the approved sample. They were purchased @ ₹ 300 per pair
	Less: Trade Discount 15%
	IGST was paid @ 18%
March 12	Baluja Shoes Co., Delhi, returned 12 pairs of ladies chappals sold to them @ ₹ 4,000 per pair
	Less: Trade Discount 10%, CGST and SGST was charged @ 9% each
March 20	Returned to Bata Shoes Pvt Ltd., Mumbai:
	100 pairs of B.S.C Canvas Shoes @ ₹ 500 per pair
	Less: Trade Discount 15%
	CGST and SGST was paid @ 9% each

Answer:

Returns Inward Book
Date	Particulars	Credit Note No	L.F.	Details (Rs)	Sales Value (Rs)	Output CGST (Rs.)	Output SGST (Rs.)	Output IGST (Rs.)	Total (Rs.)
2018
March 01	Mathur Bros., New Delhi
	5 pairs of Shoes @ Rs 2,000 per pair			10,000
	Less: 10% Trade Discount			(1,000)
				9,000
	Add: 18% IGST			1,620
				10,620	9,000	-	-	1,620	10,620

March 12	Baluja Shoes Co., Delhi
	12 pairs of Ladies Chappals @ Rs 4,000 per pair			48,000
	Less: 10% Trade Discount			(4,800)
				43,200
	Add: 9% CGST			3,888
	9% SGST			3,888
				50,976	43,200	3,888	3,888	-	50,976
March 31					52,200	3,888	3,888	1,620	61,596

Returns Outward Book
Date	Particulars		Debit Note No	L.F.	Details (Rs)	Cost (Rs)	Input CGST (Rs.)	Input SGST (Rs.)	Input IGST (Rs.)	Total (Rs.)
2018
March 05	Kanpur Leather Private Ltd., Kanpur
	100 pairs of Chappals @ Rs 300 per pair				30,000
	Less: 15% Trade Discount				(4,500)
					25,500
	Add: 18% IGST				4,590
					30,090	25,500	-	-	4,590	30,090

March 20	Bata Shoes Pvt. Ltd., Mumbai
	100 pairs B.S.C Canvas Shoes @ Rs 500 per pair				50,000
	Less: 15% Trade Discount				(7,500)
					42,500
	Add: 9% CGST				3,825
	9% SGST				3,825
					50,150	42,500	3,825	3,825	-	50,150
	Return Outward A/c	Cr.				68,000	3,825	3,825	4,590	80,240

Question 14:

(Closing Entries). Give the necessary entries in the Journal Proper of Ram on 31st March, 2018 to close their books:
Freehold Premises ₹30,000; Plant and Machinery ₹ 20,000; Sundry Debtors ₹25,000; Purchases ₹37,500; Sales ₹95,000; Discount (Dr.) ₹150; Discount (Cr.) ₹175; Sundry Creditors ₹12,500; Carriage Inwards ₹375; Carriage Outwards ₹600; Furniture and Fixtures ₹2,500; Wages ₹5,000; Bad debts ₹750; Salaries ₹3,600; Commission (Cr.) ₹2,125; Capital Account $-$ ₹25,000; Bills Payable ₹7,500; Bills Receivable ₹9,000; Trade Expenses ₹2,550; Ram's Loan Account ₹20,000; Cash in Hand ₹75; Cash at Bank ₹3,125.

Answer:

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
	Trading A/c	Dr.		42,875
	To Purchases A/c				37,500
	To Carriage Inwards A/c				375
	To Wages A/c				5,000
	(Direct expenses debited to Trading A/c)

	Sales A/c	Dr.		95,000
	To Trading A/c				95,000
	(Sales credited to Trading A/c)

	Trading A/c	Dr.		52,125
	To Profit & Loss A/c				52,125
	(Transfer of gross profit to Profit &Loss A/c)

	Profit & Loss A/c	Dr.		7,650
	To Discount A/c				150
	To Carriage Outwards A/c				600
	To Bad Debts A/c				750
	To Salaries A/c				3,600
	To Trade Expenses A/c				2,550
	(Indirect expenses debited to P&L A/c)

	Discount A/c	Dr.		175
	Commission A/c	Dr.		2,125
	To Profit & Loss A/c				2,300
	(Indirect incomes credited to P&L A/c)

	Profit & Loss A/c	Dr.		46,775
	To Capital A/c				46,775
	(Transfer of net profit to Capital A/c)

Question 15:

(Transfer Entries). Give the Journal entries for the following:
(i) Gross Profit of ₹ 32,000 from Trading Account to Profit and Loss Account.
(ii) Net Profit of ₹ 14,500 to Capital Account of Sri Sankar Saha.
(iii) Sri Sankar Saha draws ₹ 10,000 from his Capital Account.
(iv) Purchases Return of ₹ 7,000 plus IGST @ 12%.
(v) Sales Return of ₹ 6,000 plus CGST and SGST @ 6% each.

Answer:

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
(i)	Trading A/c	Dr.		32,000
	To Profit & Loss A/c				32,000
	(Transfer of gross profit to Profit &Loss A/c)

(ii)	Profit & Loss A/c	Dr.		14,500
	To Sri Sankar Saha’s Capital A/c				14,500
	(Transfer of net profit to Capital A/c)

(iii)	Sri Sankar Saha’s Capital A/c	Dr.		10,000
	To Drawings A/c				10,000
	(Withdrawals from capital)

(iv)	Cash A/c	Dr.		7,840
	To Purchases Return A/c				7,000
	To Input IGST A/c				840
	(Goods returned by us)

(v)	Sales Return A/c	Dr.		6,000
	Output CGST A/c	Dr.		360
	Output SGST A/c	Dr.		360
	To Cash A/c				6,720
	(Goods returned by customers)

Question 16:

(Adjustment Entries) From the following information available on 31st March, 2018, pass the necessary Adjustment Entries in the Journal for the year ending on that date:
(i) Interest accrued ₹ 2,500.
(ii) Wages for March, 2018 outstanding ₹ 10,000.
(iii) Insurance prepaid ₹ 1,500.
(iv) Commission due to Manager 6% on net profit after charging such commission. The profit before charging such commission was ₹ 1,06,000.
(v) Interest due on loan but not paid. Loan of ₹ 1,50,000 was taken at 9% p.a. 9 months before end of the year.

Answer:

Journal
S. No.	Particulars			L.F.	Debit Amount (Rs)	Credit Amount (Rs)
2018
March 31	Accrued Interest A/c	Dr.			2,500
	To Interest A/c					2,500
	(Interest accrued)

March 31	Wages A/c	Dr.			10,000
	To Wages Outstanding A/c					10,000
	(Wages for the month of March outstanding)

March 31	Prepaid Insurance A/c	Dr.			1,500
	To Insurance A/c					1,500
	(Insurance paid in advance)

March 31	Manager’s Commission A/c		Dr.		6,000
	To Manager’s Commission Payable A/c					6,000
	(Manager Commission Charged on Net Profit)
	*Note*:


March 31	Interest on Loan A/c		Dr.		10,125
	To Interest Outstanding A/c					10,125
	(Interest on Loan Outstanding for 9 months)
	*Note*:

Question 17:

Enter the following transactions in Proper Subsidiary Books of Ram, Lucknow (UP) for the month of January 2018:

2018		₹
Jan. 1	Sold to Ramesh of Delhi goods ₹ 15,000, charged IGST @ 12%
Jan. 1	Bought goods from Hari Ram, Kanpur (UP) for ₹ 8,000, plus CGST and SGST @ 6% each
Jan. 2	Ramesh returned goods	1,000
Jan. 2	Sold to Dina Nath, Lucknow goods of ₹ 10,000, charged CGST and SGST @ 6% each
Jan. 2	Purchased form Mangal, Kolkata goods for ₹ 50,000, plus IGST @ 12%
Jan. 4	Returned goods to Mangal	5,000
Jan. 4	Sold to Zakir Hussain, Lucknow goods of ₹ 5,000 plus CGST and SGST @ 6% each
Jan. 5	Zakir Hussain returned goods	500
Jan. 7	Returned goods to Hari Ram	500
Jan. 9	Purchased from Raghunath, Delhi goods of ₹ 10,000 subject to a Trade Discount of 10%, plus IGST @ 12%
Jan. 10	Sold goods to Raja Ram subject to Trade Discount of 5%, charged CGST and SGST @ 6% each	5,000

Answer:

Books of Ram Sales Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Amount (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total (₹)
2018
Jan.01	Ramesh,Delhi			15,000
	Add: 12% IGST			1,800
				16,800	15,000	-	-	1,800	16,800

Jan.02	Dina Nath, Lucknow			10,000
	Add: 6% CGST			600
	6% SGST			600
				11,200	10,000	600	600	-	11,200

Jan.04	Zakir Hussain, Lucknow			5,000
	Add: 6% CGST			300
	6% SGST			300
				5,600	5,000	300	300	-	5,600

Jan.10	Raja Ram			5,000
	Less: 5% Trade Discount			250
				4,750
				285
				285
				5,320	4,750	285	285	-	5,320
Jan 31					34,750	1,185	1,185	1,800	38,920

Purchases Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Amount (₹)	Input CGST (₹)	Input SGST (₹)	Input IGST (₹)	Total (₹)
2018
Jan.01	Hari Ram, Kanpur (UP)			8,000
	Add: 6% CGST			480
	6% SGST			480
				8,960	8,000	480	480	-	8,960

Jan.02	Mangal, Kolkata			50,000
	Add: 12% IGST			6,000
				56,000	50,000	-	-	6,000	56,000

Jan.09	Raghunath, Delhi			10,000
	Less: 10% Trade Discount			1,000
				9,000
	Add: 12% IGST			1,080
				10,080	9,000	-	-	1,080	10,080
Jan.31					67,000	480	480	7,080	75,040

Sales Return Book
Date	Particulars	Credit Note No.	L.F.	Details (₹)	Amount (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total (₹)
2018
Jan.02	Ramesh, Delhi			1,000
	Add: 12% IGST			120
				1,120	1,000	-	-	120	1,120

Jan.05	Zakir Hussain, Lucknow			500
	Add: 6% CGST			30
	6% SGST			30
				560	500	30	30	-	560
Jan.31					1,500	30	30	120	1,680

Purchases Return Book
Date	Particulars	Debit Note No.	L.F.	Details (₹)	Amount (₹)	Input CGST (₹)	Input SGST (₹)	Input IGST (₹)	Total (₹)
2018
Jan.04	Mangal, Kolkata			5,000
	Add: 12% IGST			600
				5,600	5,000	-	-	600	5,600

Jan.07	Hari Ram, Kanpur (UP)			500
	Add: 6% CGST			30
	6% SGST			30
				560	500	30	30	-	560
Jan.31					5,500	30	30	600	6,160

Question 18:

Write up Purchases and Sales Books from the following transactions of Kalyan Silks, Kochi, Kerala given for April, 2018 and post the totals in the Ledger.

2018
April 1	Purchased from Ram Prasad, Chennai:
	100 metres Silk @ ₹ 400 per metre
	175 metres Velvet @ ₹ 150 per metre
	Plus IGST @ 12%
April 10	Sold to Rati Ram, Ahmedabad:
	60 metres Silk @ ₹ 500 per metre
	10 metres Velvet @ ₹ 200 per metre
	Charged IGST @ 12%
April 12	Sold to Ramaswami, Kochi
	10 metres Silk @ ₹ 550 per metre
	10 metres Velvet @ ₹ 200 per metre
	Charged CGST and SGST @ 6% each
April 18	Roop Narain & Sons Kochi purchased from us:
	10 metres Silk @ ₹ 550 per metre
	5 metres Velvet @ ₹ 200 per metre
	Allowed Trade Discount 10%, charged CGST and SGST @ 6% each
April 22	Purchased from Man Mohan Lal, Varanasi:
	Shirting Cloth ₹ 10,000
	Sarees ₹ 60,000
	Received Trade Discount 10%, plus IGST @ 12%
April 23	Sold to Brij Mohan & Bros., Mathura:
	Shirting Cloth ₹ 7,000
	Sarees ₹ 25,000
	Charged IGST @ 12%

Answer:

Purchases Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Cost (₹)	Input CGST (₹)	Input SGST (₹)	Input IGST (₹)	Total (₹)
2018
April 01	Ram Prasad, Chennai
	100 metres Silk @ Rs 400 per metre			40,000
	75 metres Velvet @ Rs 150 per metre			11,250
				51,250
	Add: 12% IGST			6,150
				57,400	51,250	-	-	6,150	57,400

April 22	Man Mohan Lal, Varanasi
	Shirting Cloth			10,000
	Saris			60,000
				70,000
	Less: 10% Trade Discount			7,000
				63,000
	Add: 12% IGST			7,560
				70,560	63,000	-	-	7,560	70,560
April 30					1,14,250	-	-	13,710	1,27,960

Sales Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Amount (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total (₹)
2018
April 10	Rati Ram, Ahmedabad
	60 metres Silk @ Rs 500 per metre			30,000
	10 metres Velvet @ Rs 200 per metre			2,000
				32,000
	Add: 12% IGST			3,840
				35,840	32,000	-	-	3,840	35,840

April 12	Ramaswami, Kochi
	10 metres Silk @ Rs 550 per metre			5,500
	10 metres Velvet @ Rs 200 per metre			2,000
				7,500
	Add: 6% CGST			450
	6% SGST			450
				8,400	7,500	450	450	-	8,400

April 18	Roop Narain & Sons, Kochi
	10 metres Silk @ Rs 550 per metre			5,500
	5 metres Velvet @ Rs 200 per metre			1,000
				6,500
	Less: 10% Tade Discount			650
				5,850
	Add: 6% CGST			351
	6% SGST			351
				6,552	5,850	351	351	-	6,552

April 23	Brij Mohan & Bros, Mathura
	Shirting Cloth			7,000
	Saris			25,000
				32,000
	Add: 12% IGST			3,840
				35,840	32,000	-	-	3,840	35,840
April 30					77,350	801	801	7,680	86,632

Purchases Account
Dr.					Cr.
Date	Particulars	J.F.	Amount (₹)	Date		Particulars	J.F.	Amount (₹)
2018
April 30	Sundries of Purchases
	as per Purchases Book
	for the month of April		1,14,250

Ramprasad , Chennai
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 01	Purchases		51,250
				April 01	Input IGST		6,150

Man Mohan Lal, Varanasi
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 22	Purchases		63,000
				April 22	Input IGST		7,560

Rati Ram, Ahmedabad
Dr.					Cr.
Date	Particulars	J.F.	Amount (₹)	Date		Particulars	J.F.	Amount (₹)
2018
April 10	Sales		32,000
April 10	Output IGST		3,840

Ramaswami, Kochi
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018
April 12	Sales		7,500
April 12	Output CGST		450
April 12	Output SGST		450

Roop Narain & Sons, Kochi
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018
April 18	Sales		5,850
April 18	Output CGST		351
April 18	Output SGST		351

Brijmohan & Brothers, Mathura
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018
April 23	Sales		32,000
April 23	Output IGST		3,840

Sales Account
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 30	Sundries as per the Sales Book for the month of April		77,350

Input IGST Account
Dr.					Cr.
Date	Particulars	J.F.	Amount (₹)	Date		Particulars	J.F.	Amount (₹)
				2018
				April 01		Ram Prasad, Chennai		6,150
				April 22		Man Mohan Lal, Varanasi		7,560

Output IGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 10	Rati Ram, Ahmeabad		3,840
				April 10	Brijmohan & Bros., Mathura		3,840

Output CGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 12	Ramaswami, Kochi		450
				April 18	Roopnarain & Sons, Kochi		351

Output SGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				April 12	Ramaswami, Kochi		450
				April 18	Roopnarain & Sons, Kochi		351

Question 19:

Record the following transactions of Prabhat Electric Co., Delhi in the proper subsidiary books:****


2018
Jan 1		Sold on credit to Grover & Co., Kanpur:
		10 Crompton Water Coolers @ ₹6,000 each
		5 Pedestal Fans @ ₹2,000 each
		Trade Discount 10%, charged IGST @ 12%
Jan 5		Purchased on credit from Ram & Bros., Delhi:
		25 Videocon Washing Machines @ ₹7,000 each
		10 Wall Fans @ ₹1,500 each
		Trade Discount 25%, plus CGST and SGST @ 6% each
Jan 10		Purchased for cash from Raja & Co., Delhi:
		10 Electric Kettles @ ₹750
		Plus CGST and SGST @ 6% each
Jan 15		Sold to Mahesh Bros., Chandigarh:
		5 Crompton Water Coolers @ ₹7,000 each
		2 Pedestal Fans @ ₹2,500 each
		Charged IGST @ 12%
Jan 18		Returned to Ram & Bros.:
		2 Videocon Washing Machines being defective
Jan 20		Purchased from Sethi & Co., Delhi:
		20 Toasters @ ₹800
		They charged CGST and SGST @ 6% each
Jan 27		Mahesh Bros. returned one Crompton Water Cooler, it being defective

Answer:

Sales Book
Date	Particulars	Bill No.	L.F.	Details	Value	Output CGST	Output SGST	Output IGST	Total
Jan 01	Grover & Co., Kanpur
	10 Crompton Water Coolers @ Rs 6,000 each			60,000
	5 Pedastal Fans @ Rs 2,000 each			10,000
				70,000
	Less: 10% T.D.			7,000
				63,000
	Add: IGST @ 12%			7,560
				70,560	63,000		–	7,560	70,560
Jan 51	Mahesh Bros., Chandigarh
	5 Crompton Water Coolers @ Rs 7,000 each			35,000
	2 Pedastal Fans @ Rs 2,500 each			5,000
				40,000
	Add: IGST @ 12%			4,800
				44,800	40,000	–	–	4,800	44,800
					1,03,000	–	–	12,360	1,15,360

Purchases Book
Date	Particulars	Invoice No.	L.F.	Details	Cost	Input CGST	Input SGST	Input IGST	Total
Jan 05	Ram & Bros., Delhi
	25 Videocon Washing Machines @ Rs 7,000 each			1,75,000
	10 Wall Fans @ Rs 1,500 each			15,000
				1,90,000
	Less: 25% T.D.			47,500
				1,42,500
	Add: CGST @ 6%			8,550
	Add: SGST @ 6%			8,550
				1,59,600	1,42,500	8,550	8,550	–	1,59,600

Jan 20	Sethi& Co., Delhi
	20 Toasters @ Rs 800 each			16,000
	Add: CGST @ 6%			960
	Add: SGST @ 6%			960
				17,920	16,000	960	960	–	17,920
					1,66,000	9,510	9,510	–	1,77,520

Purchases Return Book
Date	Particulars	Debit Note No.	L.F.	Details	Cost	Input CGST	Input SGST	Input IGST	Total
Jan 18	Ram & Bros., Delhi
	2 Videocon Washing Machines @ Rs 7,000 each			14,000
	Less: 25% T.D.			3,500
				10,500
	Add: CGST @ 6%			630
	Add: SGST @ 6%			630
				11,760	10,500	630	630	–	11,760
					10,500	630	630	–	11,760

Sales Return Book
Date	Particulars	Credit Note No.	L.F.	Details	Value	Output CGST	Output SGST	Output IGST	Total
Jan 27	Mahesh Bros., Chandigarh
	1 Crompton Water Coolers @ Rs 7,000 each			7,000
	Add: IGST @ 12% each			840
				7,840	7,000	–	–	840	7,840

					1,500	30	30	120	1,680

Question 20:

R. Chetan has the following balances in his books on 1st March, 2018:
Cash ₹ 15,400; Cash at Bank ₹ 82,500; Stock ₹ 1,92,500; Plant and Machinery ₹ 4,40,000.
Sundry Debtors: Rajesh ₹ 27,500; James ₹ 13,750.
Sundry Creditors: Rao ₹ 19,250, Samanta; ₹ 35,750; Capital ₹ 7,16,650.
The following are the transactions for the month of March 2018:

2018		₹
March 1	Cash Sales*	2,000
March 2	Purchases machinery by cheque*	5,000
March 4	Paid salaries by cheque	2,750
March 7	Paid wages in cash	440
March 9	Rajesh settled his account by cheque less 5% discount
March 11	Sold goods on credit to James, Patna**	10,000
March 13	Sent a credit note to James for goods returned** (Including IGST reversed)	2,240
March 18	Paid Rao by cheque in full settlement	18,000
March 20	Took loan from Bank of Baroda	50,000
March 22	Withdrawn from bank for private purposes	2,500
March 25	Bought goods on credit from Samanta, Delhi**	5,000
March 27	Paid corporation tax by cheque	1,155
March 30	Cash sales (Including CGST and SGST @ 6% each) and paid into bank	4,480
March 31	All cash in hand, with the exception of ₹ 825 retained for change, was paid into the bank

Transactions marked* are intra-state transactions subject to CGST and SGST @ 6% each. Transactions marked** are inter-state transactions subject to IGST @ 12%
Record these transactions in his subsidiary books, post to the Ledger and prepare a Trail Balance as on 31st March, 2018.

Answer:

Cash Book
Date	Particulars	L.F.	Cash (₹)	Bank (₹)	Date	Particulars	L.F.	Cash (₹)	Bank (₹)
2018					2018
March 01	To Balance b/d		15,400	82,500	March 02	By Machinery			5,000
March 01	To Sales A/c		2,000		March 02	By Input CGST			300
March 01	To Output CGST		120		March 02	By Input SGST			300
March 01	To Output SGST		120		March 04	By Salaries			2,750
March 09	To Rajesh			26,125	March 07	By Wages A/c			440
March 20	To Bank Loan A/c			50,000	March 18	By Rao			18,000
March 30	To Sales A/c		4,000		March 22	By Drawings			2,500
March 30	To Output CGST		240		March 27	By Corporation Tax A/c			1,155
March 30	To Output SGST		240		March 31	By Bank A/c	C	21,295
March 31	To Cash A/c	C		21,295	March 31	By Balance c/d		825	1,49,475
			22,120	1,79,920				22,120	1,79,920

Purchases Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Cost (₹)	Input CGST (₹)	Input SGST (₹)	Input IGST (₹)	Total (₹)
2018
Mar 25	Samanta, Delhi			5,000
	Add: 12% IGST			600
				5,600	5,000	–	–	600	5,600
Mar 31					5,000	–	–	600	5,600

Sales Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Value (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total (₹)
2018
Mar 11	James Patna			10,000
	Add: Output IGST @12%			1,200
				11,200	10,000	–	–	1,200	11,200
Mar 31					10,000	–	–	1,200	11,200

Sales Return Book
Date	Particulars	Credit Note No.	L.F.	Details (₹)	Value (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total (₹)
2018
Mar 13	James Patna			2,000
	Add: 12% IGST	–		240
				2,240	2,000	–	–	240	2,240
Mar 31					2,000	–	–	240	2,240

Stock Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 01	To Balance b/d		1,92,500	March 31	By Balance c/d		1,92,500
			1,92,500				1,92,500

Plant and Machinery Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 01	To Balance b/d		4,40,000	March 31	By Balance c/d		4,40,000
			4,40,000				4,40,000

Rajesh
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 01	To Balance b/d		27,500	March 09	By Bank A/c		26,125
				March 09	By Discount Allowed A/c		1,375
			27,500				27,500

James
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 01	To Balance b/d		13,750	March 13	By Sales Return A/c		2,000
March 11	To Sales A/c		10,000	March 13	By Output IGST A/c		240
March 11	To Output IGST A/c		1,200	March 31	By Balance c/d		22,710
			24,950				24,950

Rao
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 18	To Bank A/c		18,000	March 01	By Balance b/d		19,250
March 18	To Discount Received A/c		1,250
			19,250				19,250

Samanta
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance c/d		41,350	March 01	By Balance b/d		35,750
				March 25	By Purchases A/c		5,000
				March 25	By Input IGST A/c		600
			41,350				41,350

Salaries Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 04	To Bank A/c		2,750	March 31	By Balance c/d		2,750
			2,750				2,750

Wages Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 07	To Cash A/c		440	March 31	By Balance c/d		440
			440				440

Discount Allowed Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 09	To Rajesh		1,375	March 31	By Balance c/d		1,375
			1,375				1,375

Discount Received Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance c/d		1,250	March 18	By Rao		1,250
			1,250				1,250

Bank Loan Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance c/d		50,000	March 20	By Bank A/c		50,000
			50,000				50,000

Drawings Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 22	To Bank A/c		2,500	March 31	By Balance c/d		2,500
			2,500				2,500

Corporation Tax Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 27	To Bank A/c		1,155	March 31	By Balance c/d		1,155
			1,155				1,155

Input IGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 25	To Samanta		600	March 31	By Balance c/d		600
			600				600

Capital Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance c/d		7,16,650	March 01	By Balance b/d		7,16,650
			7,16,650				7,16,650

Sales Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance c/d		16,000	March 01	By Cash A/c		2,000
				March 30	By Cash A/c		4,000
				March 31	By Sundries from Sales Book		10,000
			16,000				16,000

Output CGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance c/d		360	March 01	By Cash A/c		120
				March 30	By Cash A/c		240
			360				360

Output SGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance c/d		360	March 01	By Cash A/c		120
				March 30	By Cash A/c		240
			360				360

Output IGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 13	To James		240	March 11	By James		1,200
March 31	To Balance c/d		960
			1,200				1,200

Machinery Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 02	To Bank A/c		5,000	March 31	By Balance c/d		5,000
			5,000				5,000

Input CGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 02	To Bank A/c		300	March 31	By Balance c/d		300
			300				300

Input SGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 02	To Bank A/c		300	March 31	By Balance c/d		300
			300				300

Purchases Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Sundries from purchases Book		5,000	March 31	By Balance c/d		5,000

			5,000				5,000

Sales Return Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Sundries from Sales Return Book		2,000	March 31	By Balance c/d		2,000
			2,000				2,000

Trial Balance as on March 31, 2018
S. No.	Particular	J.F.	Debit Amount (₹)	Credit Amount (₹)
1	Capital			7,16,650
2	Purchases		5,000
3	Sales			16,000
4	Sales Return		2,000
5	Output CGST			360
6	Output SGST			360
7	Output IGST			960
8	Machinery		5,000
9	Input CGST		300
10	Input SGST		300
11	Input IGST		600
12	Bank Loan			50,000
13	Drawings		2,500
14	Corporation Tax		1,155
15	Salaries		2,750
16	Wages		440
17	Discount Allowed		1,375
18	Discount Received			1,250
19	James		22,710
20	Samanta			41,350
21	Stock		1,92,500
22	Plant and Machinery		4,40,000
23	Cash in hand		825
24	Bank Balance		1,49,475
			8,26,930	8,26,930

Question 21:

On 1st March, 2018, Shri Kailash Chand, Lucknow commenced business with cash ₹ 50,000. The following are his transactions for the month of March, 2018. Record them in proper books, post them to the Ledger and take out a Trial Balance:


2018		₹
March 1	Bought goods for cash*	5,000
	Purchased from Hari, Lucknow*:
	5 Laptops @ ₹ 35,000 each
	5 Desktops @ ₹ 25,000 each
	Less: Trade Discount 15%
March 2	Purchased computer & printer from M/s. Computer Mart against cash for office use*	20,000
March 5	Deposited into bank	15,000
March 7	Sold goods to Shri Ramesh Chand, Kanpur*:
	2 Laptops @ ₹ 32,000 each
	2 Desktops @ ₹ 24,000 each
March 10	Received Cheque from Shri Ramesh Chand on account	75,000
March 14	Received another Cheque in full settlement from Ramesh Chand	49,440
March 15	Sold goods to Jagdish, Kolkata**:
	2 Laptops @ ₹ 35,000 each
	2 Desktops @ ₹ 25,000 each
	Less: Trade Discount 5%
March 18	Bought from Shyam Lal, Delhi**:
	10 Keyboards @ ₹ 1,000 each
	10 Mouse @ ₹ 500 each
March 20	Drew cash from bank for office	17,000
March 21	Paid to Shyam Lal in full settlement	16,500
March 23	Cash Sales 5 Keyboards @ ₹ 1,200 each and 5 Mouse @ ₹ 600 each*
March 25	Paid Salary	2,500
March 28	Paid Rent*	1,500
March 30	Paid into bank	5,000
March 31	Drew cash for private expenses	500

Transactions marked* are intra-state transactions subject to CGST and SGST @ 6% each.
Transactions marked** are inter-state transactions subject to IGST @ 12%.

Answer:

Cash Book
Date	Particulars	L.F.	Cash (₹)	Bank (₹)	Date	Particulars	L.F.	Cash (₹)	Bank (₹)
2018					2018
March 01	To Capital A/c		50,000		March 01	By Purchases A/c		5,000
March 05	To Cash A/c	C		15,000	March 01	By Input CGST		300
March 10	To Ramesh Chand			75,000	March 01	By Input SGST		300
March 14	To Ramesh Chand			49,440	March 02	By Purchases		20,000
March 20	To Bank A/c	C	17,000		March 02	By Input CGST		1,200
March 23	To Sales A/c		9,000		March 02	By Input SGST		1,200
March 23	To Output CGST		540		March 05	By Bank A/c	C	15,000
March 23	To Output SGST		540		March 20	By Cash A/c	C		17,000
March 30	To Cash A/c	C		5,000	March 21	By Shyam Lal		16,500
					March 25	By Salary A/c		2,500
					March 28	By Rent A/c		1,500
					March 28	By Input CGST		90
					March 28	By Input SGST		90
					March 30	By Bank A/c		5,000
					March 31	By Drawing A/c		500
					March 31	By Balance c/d		7,900	1,27,440
			77,080	1,44,440				77,080	1,44,440

Purchases Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Cost (₹)	Input CGST (₹)	Input SGST (₹)	Input IGST (₹)	Total (₹)
2018
Mar 01	Hari, Lucknow 5 laptops @ ₹ 35,000 each			1,75,000
	5 Desktop @ ₹ 25,000 each			1,25,000
				3,00,000
	Less: Trade Discount@15%			45,000
				2,55,000
	Add: 6% CGST			15,300
	6% SGST			15,300
				2,85,600	2,55000	15,300	15,300	–	2,85,600

Mar 18	Shyam Lal, Delhi
	10 keyboards @ ₹ 1,000 each			10,000
	10 Mouse @ ₹ 5,000 each			5,000
				15,000
	Add: 12% IGST			1,800
				16,800	15,000	–	–	1,800	16,800
Mar 31					2,70,000	15,300	15,300	1,800	3,02,400

Sales Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Value (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total (₹)
2018
Mar 07	Shri Rames Chand Kanpur
	2 laptops @ ₹ 32,000 each			64,000
	2 Desktop @ ₹ 32,000 each			48,000
				1,12,000
	Add: 6% CGST			6,720
	6% SGST			6,720
				1,25,440	1,12,000	6,720	6,720	–	1,25,440

Mar 15	Jagdish, Kolkata
	2 Laptops @ ₹ 35,000 each			70,000
	2 Desktops @ ₹ 25,000 each			50,000
				1,20,000
	Less: 5% TD			6,000
				1,14,000
	Add: 12% IGST			13,680
				1,27,680	1,14,000	–	–	13,680	1,27,680
Mar 31					2,26,000	6,720	6,720	13,680	2,53,120

Capital Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance b/d		50,000	March 01	By Cash A/c		50,000
			50,000				50,000

Purchases Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 01	To Cash A/c		5,000	March 31	By Balance c/d		2,95,000
March 02	To Cash A/c		20,000
March 31	To Sundries from Purchaser Book		2,70,000

			2,95,000				2,95,000

Hari
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance c/d		2,85,600	March 01	By Purchases		2,55,000
				March 01	By Input CGST		15,300
				March 01	By Input SGST		15,300
			2,85,600				2,85,600

Input CGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 01	To Cash A/c		300	March 01	By Balance c/d		16,890
March 01	To Hari		15,300
March 02	To Cash A/c		1,200
March 28	To Cash A/c		90
			16,890				16,890

Input SGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 01	To Cash A/c		300	March 31	By Balance c/d		16,890
March 01	To Hari		15,300
March 02	To Cash A/c		1,200
March 28	To Cash A/c		90
			16,890				16,890

Output CGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance c/d		7,260	March 7	By Shri Ramesh Chand		6,720
				March 23	By Cash A/c		540

			7,260				7,260

Output SGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance c/d		7,260	March 07	By Shri Ramesh Chand		6,720
				March 23	By Cash A/c		540

			7,260				7,260

Ramesh Chand
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 07	To Sales A/c		1,12,000	March 10	By Bank A/c		20,000
March 07	To Output CGST A/c		6,720	March 14	By Bank A/c		1,000
March 07	To Output SGST A/c		6,720	March 14	By Discount Allowed A/c		1,000
			1,25,440				1,25,440

Sales Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance c/d		2,35,000	March 23	By Cash A/c		9,000
				March 31	By Sundries from Sales Book		2,26,000
			2,35,000				2,35,000

Jagdish
Dr.							Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 15	To Sales A/c		1,14,000	March 31	By Balance c/d		1,27,680
March 15	To Output IGST A/c		13,680
			1,27,680				1,27,680

Output IGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance c/d		13,680	March 15	By Jagdish		13,680
			13,680				13,680

Discount Allowed Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 14	To Ramesh Chand		1,000	March 31	By Balance c/d		1,000
			1,000				1,000

Input IGST Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 18	To Shyam Lal		1,800	March 31	By Balance c/d		1,800
			1,800				1,800

Shyam Lal
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 21	To Cash A/c		16,500	March 18	By Purchases A/c		15,000
March 21	To Discount Received A/c		300	March 18	By Input IGST A/c		1,800
			16,800				16,800

Rent Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 28	To Cash A/c		1,500	March 31	By Balance c/d		1,500
			1,500				1,500

Drawings Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Cash A/c		500	March 31	By Balance c/d		500
			500				500

Discount Received Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 31	To Balance c/d		300	March 21	By Shyam lal		300
			300				300

Salary Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018				2018
March 25	To Cash A/c		2,500	March 31	By Balance c/d		2,500
			2,500				2,500

Trial Balance As on 30^th April 2018
S. No.	Particular	J.F.	Debit Amount (₹)	Credit Amount (₹)
1	Capital			50,000
2	Purchases		2,95,000
3	Hari			2,85,600
4	Input CGST		16,890
5	Input SGST		16,890
6	Input IGST		1,800
7	Output CGST			7,260
8	Output SGST			7,260
9	Output IGST			13,680
10	Jagdish		1,27,680
11	Sales			2,35,000
12	Discount Allowed		1,000
13	Rent		1,500
14	Discount Received			300
15	Cash		7,900
16	Bank		1,27,440
17	Drawings		500
18	Salary		2,500
			5,99,100	5,99,100

Question 22:

On 1st January, 2018, Ram of Kolkata commenced business with a capital of ₹ 50,000 and entered into following transactions:
Pass the following transactions through proper books to the Ledger. Take out a Trial Balance as on 31st January, 2018. The Cash Book must be balanced.

2018		₹
Jan. 1	Opened a Bank Account and Deposited	12,500
	Purchased Goods in Cash*	20,000
	Purchased furniture for Shop*	5,000
	Sold goods to R. Raman, Kolkata*	5,000
Jan. 2	Bought goods from Man Mohan, Delhi	10,000
Jan. 3	Bought stationery for cash	1,000
Jan. 5	Received cash from R. Raman	5,300
	Discount allowed to him	300
Jan. 6	Sold goods to Bimal, Kolkata*	7,500
Jan. 8	Bimal returned part of the goods supplied on the 6th instant	1,500
Jan. 10	Paid cash into bank	1,000
Jan. 12	Paid wages in cash	1,500
Jan. 13	Bought on credit from the Union Furniture Co., Kolkata office desk*	1,500
Jan. 19	Paid wages in cash	1,500
Jan. 21	Paid Man Mohan by cheque	10,700
	Discount received	500
Jan. 21	Sold goods to Ramesh, Guwahati including IGST**	6,720
Jan. 22	Received cheque from Bimal	6,000
Jan. 23	Bought goods from Man Mohan, Delhi**	7,000
Jan. 24	Drew by cheque for private use	2,000
Jan. 27	Paid wages in cash	1,500
Jan. 31	Rent due to landlord*	1,000

Transactions marked* are intra-state transactions subject to CGST and SGST @ 6% each.
Transactions marked** are inter-state transactions subject to IGST @ 12%.

Answer:

Cash Book
Date	Particulars	L.F.	Cash (₹)	Bank (₹)	Date	Particulars	L.F.	Cash (₹)	Bank (₹)
2017					2017
July 01	To Capital A/c		30,000	70,000	July 04	By S.Raj			6,800
July 11	To R. Mukherjee		8,600		July 05	By Computer A/c		5,000
July 20	To Sales A/c		3,300		July 06	By Purchases A/c			5,000
July 20	To Output CGST A/c		198		July 06	By Input CGST			300
July 20	To Output SGST A/c		198		July 06	By Input SGST			300
July 25	To Cash A/c	C		3,500	July 10	By Drawings		2,500
July 31	To T. Rana		12,850		July 17	By D. Seth			9,000
					July 25	By Bank A/c	C	3,500
					July 31	By Wages A/c		480
					July 31	By Balance c/d		56,666	52,100
			68,146	73,500				68,146	73,500

Purchases Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Cost (₹)	Input CGST (₹)	Input SGST (₹)	Input IGST (₹)	Total (₹)
2017
July 01	S. Raj, Delhi			10,000
	Less: Trade Discount@10%			1,000
				9,000
	Add: 6% CGST			540
	6% SGST			540
				10,080	9,000	540	540	–	10,080

July 05	D. Seth, Patna			20,000
	Add: 12% IGST			2,400
				22,400	20,000	–	–	2,400	22,400

July 09	M. Dey, Kolkata			15,000
	Less: Trade Discount @ 5%			750
				14,250
	Add: 12% IGST			1,710
				15,960	14,250	–	–	1,710	15,960

July 14	D. Seth, Patna			12,000
	Add: 12% IGST			1,440
				13,440	12,000	–	–	1,440	13,440

July 20	M. Dey, Kolkata			6,000
	Add: 12% IGST			720
				6,720	6,000	–	–	720	6,720
July 31					61,250	540	540	6,270	68,600

Sales Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Value (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total (₹)
2017
July 02	R.Mukherjee, Kolkata			5,000
	Add: 12% IGST			600
				5,600	5,000	–	–	600	5,600

July 08	D.Das, Kolkata			10,000
	Less: 5% T.D.			500
				9,500
	Add: 12% IGST			1,140
				10,640	9,500	–	–	1,140	10,640

July 09	R.Mukherjee, Kolkata			12,000
	Add: 12% IGST			1,440
				13,440	12,000	–	–	1,440	13,440

July 14	T. Rana, Delhi			20,000
	Add: 6% CGST			1,200
	6% SGST			1,200
				22,400	20,000	1,200	1,200	–	22,400

July 17	D.Das, Kolkata			10,000
	Add: 12% IGST			1,200
				11,200	10,000	–	–	1,200	11,200

July 28	T. Rana, Delhi			15,000
	Add: 6% CGST			900
	6% SGST			900
				16,800	15,000	900	900	–	16,800
July 31					71,500	2,100	2,100	4,380	80,080

Purchases Return Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Cost (₹)	Input CGST (₹)	Input SGST (₹)	Input IGST (₹)	Total (₹)
2017
July 04	S. Raj, Delhi			3,000
	Less: Trade Discount@10%			300
				2,700
	Add: 6% CGST			162
	6% SGST			162
				3,024	2,700	162	162	–	3,024

July 25	M. Dey, Kolkata			4,000
	Less: Trade Discount @ 5%			200
				3,800
	Add: 12% IGST			456
				4,256	3,800	–	–	456	4,256
July 31					6,500	162	162	456	7,280

Sales Return Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Value (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total (₹)
2017
July 06	R.Mukherjee, Kolkata			2,000
	Add: 12% IGST			240
				2,240	2,000	–	–	240	2,240

July 09	D. Das, Kolkata			3,000
	Less: 5% T.D.			150
				2,850
	Add: 12% IGST			342
				3,192	2,850	–	–	342	3,192
July 31					4,850	–	–	582	5,432

Capital Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 31	To Balance b/d		1,00,000	July 01	By Cash A/c		30,000
				July 01	By Bank A/c		70,000
			50,000				1,00,000

Purchases Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 06	To BankA/c		5,000	July 06	By Drawings A/c		2,500
July 31	To Sundries from Purchases Book		61,250	July 31	By Balance c/d		63,750
			66,250				66,250

S. Raj
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 04	To Purchases Return		2,700	July 01	By Purchases		9,000
July 04	To Input CGST A/c		162	July 01	By Input CGST		540
July 04	To Input SGST A/c		162	July 01	By Input SGST		540
July 04	To Bank A/c		6,800
July 04	To Discount Received A/c		256
			10,080				10,080

Input CGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 01	To S. Raj		540	July 04	By S. Raj		162
July 01	To Bank A/c		300	July 28	By Drawings A/c		150
				July 31	By Balance c/d		528
			840				840

Input SGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 01	To S. Raj		540	July 04	By S. Raj		162
July 01	To Bank A/c		300	July 28	By Drawings A/c		150
				July 31	By Balance c/d		528
			840				840

Output CGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 31	To Balance c/d		2,298	July 14	By Sales A/c		198
				July 14	By T. Rana		1,200
				July 28	By T. Rana		900

			2,298				2,298

Output SGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 31	To Balance c/d		2,298	July 14	By Sales A/c		198
				July 14	By T. Rana		1,200
				July 28	By T. Rana		900

			2,298				2,298

R. Mukherjee
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 02	To Sales A/c		5,000	July 06	By Sales Return A/c		2,000
July 02	To Output IGST A/c		600	July 14	By Output IGST A/c		240
July 09	To Sales A/c		12,000	July 11	By Cash A/c		8,600
July 09	To Output IGST A/c		1,440	July 11	By Discount Allowed A/c		400
				July 31	By Balance c/d		7,800
			19,040				19,040

T. Rana
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 14	To Sales A/c		20,000	July 20	By Cash A/c		13,000
July 14	To Output CGST A/c		1,200	July 20	By Discount Allowed A/c		500
July 14	To Output SGST A/c		1,200	July 31	By Cash A/c		12,850
July 28	To Sales A/c		15,000	July 31	By Bad Debts A/c		12,850
July 28	To Output CGST A/c		900
July 28	To Output SGST A/c		900
			39,200				39,200

Bad Debts Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017

July 31	To T. Rana		12,850	July 31	By Balance c/d		12,850
			12,850				12,850

Sales Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 31	To Balance c/d		74,800	July 14	By Cash A/c		3,300
				July 31	By Sundries from Sales Book		71,500
			74,800				74,800

Discount Received Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
				July 04	By S. Raj		256


July 31	To Balance c/d		756	July 17	By D. Seth		500
			756				756

Output IGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 06	To R. Mukherjee		240	July 02	By R. Mukherjee		600
July 09	To D. Das		342	July 08	By D. Das		1,140
July 31	To Balance c/d		3,798	July 09	By R. Mukherjee		1,440
				July 17	By D. Das		1,200
			4,380				4,380

Discount Allowed Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 11	To R. Mukherjee		400
July 20	To T. Rana		500	July 31	By Balance c/d		900
			900				900

Input IGST Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017

July 05	To D. Seth		2,400	July 25	By M. Dey		456
July 09	To M. Dey		1,710	July 31	By Balance c/d		5,814
July 14	To D. Seth		1,440
July 20	To M. Dey		720
			6,270				6,270

D. Seth
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 17	To Bank A/c		9,000	July 05	By Purchases A/c		20,000
July 17	To Discount Received A/c		500	July 05	By Input IGST A/c		2,400
July 31	To Balance c/d		26,340	July 14	By Purchases A/c		12,000
				July 18	By Input IGST A/c		1,440
			35,840				35,840

Purchases Return Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 31	To Balance c/d		6,500	July 31	By Sundries from Purchases Return Book		6,500
			6,500				6,500

Drawings Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 10	To Cash A/c		2,500	July 31	By Balance c/d		5,300
July 28	To Purchases A/c		2,500
July 28	To Input CGST A/c		150
July 28	To Input SGST A/c		150
			5,300				5,300

D. Das
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 08	To Sales A/c		9,500	July 09	By Sales Return A/c		2,850
July 08	To Output IGST A/c		1,140	July 09	By Output IGST A/c		342
July 17	To Sales A/c		10,000	July 31	By Balance c/d		18,648
July 17	To Output IGST A/c		1,200
			21,840				21,840

M. Dey
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 25	To Purchase Return A/c		3,800	July 09	By Purchases A/c		14,250
July 25	To Input IGST A/c		456	July 09	By Input IGST A/c		1,710
July 31	To Balance c/d		18,424	July 20	By Purchases A/c		6,000
				July 20	By Input IGST A/c		720
			22,680				22,680

Computer Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 05	To Cash A/c		5,000	July 31	By Balance c/d		5,000
			5,000				5,000

Sales Return Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 3	To Sundries from Sales Book		4,850	July 31	By Balance c/d		4,850
			4,850				4,850

Wages Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017				2017
July 31	To Cash A/c		480	July 31	By Balance c/d		480
			480				480

Trial Balance as on 31^st July, 2017
S. No.	Particular	J.F.	Debit Amount (₹)	Credit Amount (₹)
1	Capital			1,00,000
2	Purchases		63,750
3	Purchases Return			6,500
4	R. Mukherjee		7,800
5	Input CGST		528
6	Input SGST		528
7	Input IGST		5,814
8	Output CGST			2,298
9	Output SGST			2,298
10	Output IGST			3,798
11	D. Seth			26,340
12	S. Das		18,648
13	M. Dey			18,424
14	Sales			74,800
15	Sales Return		4,850
16	Discount Allowed		900
17	Bad Debts		12,850
18	Discount Received			756
19	Cash		56,666
20	Bank		52,100
21	Computer		5,000
22	Wages		480
23	Drawings		5,300

			2,35,214	2,35,214

Question 23:

The following are the transactions of Kamal, Delhi for the month of July, 2017:
(All cheques are paid into the Bank on the day received.)

2017
July 1	Started business with ₹ 1,00,000 as capital, of which ₹ 70,000 was by cheque deposited into bank
	Bought goods from S. Raj, Delhi ₹ 10,000 less Trade Discount 10%*
July 2	Sold goods to R. Mukherjee, Kolkata ₹ 5,000**
July 4	Goods returned to S. Raj ₹ 3,000 and paid him by cheque ₹ 6,800 (discount allowed ₹ 256)
July 5	Goods purchased from D. Seth, Patna ₹ 20,000**
	Bought old Computer for cash for office use ₹ 5,000
July 6	Goods returned by R. Mukherjee ₹ 2,000
	Bought goods from Rahul, Delhi ₹ 5,000 and paid by cheque*
July 8	Sold goods to D. Dass, Kolkata ₹ 10,000 less Trade Discount 5%**
July 9	Bought goods from M. Dey, Kolkata ₹ 15,000 less trade discount 5%**
	Sold goods to R. Mukherjee, Kolkata ₹ 12,000**
	Goods returned by D. Dass ₹ 3,000.
July 10	Cash withdrawn by Kamal for household expenses ₹ 2,500
July 11	Received from R. Mukherjee ₹ 8,600 (discount allowed ₹ 400)
July 14	Cash sales ₹ 3,300*
	Sold goods to T. Rana, Delhi ₹ 20,000*
	Bought goods from D. Seth, Patna ₹ 12,000**
July 17	Sold goods to D. Dass, Kolkata ₹ 10,000**
	Paid by Cheque to D. Seth ₹ 9,000 (discount allowed ₹ 500)
July 20	Goods purchased from M. Dey, Kolkata ₹ 6,000**
	Cash received from T. Rana ₹ 13,000 (discount allowed ₹ 500)
July 25	Cash deposited into bank ₹ 3,500
	Goods returned to M. Dey ₹ 4,000 out of purchase made on 9th July
July 28	Sold goods to T. Rana, Delhi ₹ 15,000*
	Goods taken by Kamal for personal use ₹ 2,500. These goods were purchased from Rahul.
July 31	Paid wages ₹ 480
	T. Rana became insolvent and 50 paise in the rupee realised from his estate.

Transaction marked* are intra-state transactions subject to CGST and SGST @ 6% each.
Transactions marked** are inter-state transactions subject to IGST @ 12%.
Pass above transactions through suitable books of original entry. Post them to Ledger accounts and draw up a Trial Balance.

Answer:

Cash Book
Date	Particulars	L.F.	Cash (₹)	Bank (₹)	Date	Particulars	L.F.	Cash (₹)	Bank (₹)
2017					2017
July 01	To Capital A/c		30,000	70,000	July 04	By S.Raj			6,800
July 11	To R. Mukherjee		8,600		July 05	By Computer A/c		5,000
July 20	To Sales A/c		3,300		July 06	By Purchases A/c			5,000
July 20	To Output CGST A/c		198		July 06	By Input CGST			300
July 20	To Output SGST A/c		198		July 06	By Input SGST			300
July 25	To Cash A/c	C		3,500	July 10	By Drawings		2,500
July 31	To T. Rana		12,850		July 17	By D. Seth			9,000
					July 25	By Bank A/c	C	3,500
					July 31	By Wages A/c		480
					July 31	By Balance c/d		56,666	52,100
			68,146	73,500				68,146	73,500

Purchases Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Cost (₹)	Input CGST (₹)	Input SGST (₹)	Input IGST (₹)	Total (₹)
2017
July 01	S. Raj, Delhi			10,000
	Less: Trade Discount@10%			1,000
				9,000
	Add: 6% CGST			540
	6% SGST			540
				10,080	9,000	540	540	–	10,080

July 05	D. Seth, Patna			20,000
	Add: 12% IGST			2,400
				22,400	20,000	–	–	2,400	22,400

July 09	M. Dey, Kolkata			15,000
	Less: Trade Discount @ 5%			750
				14,250
	Add: 12% IGST			1,710
				15,960	14,250	–	–	1,710	15,960

July 14	D. Seth, Patna			12,000
	Add: 12% IGST			1,440
				13,440	12,000	–	–	1,440	13,440

July 20	M. Dey, Kolkata			6,000
	Add: 12% IGST			720
				6,720	6,000	–	–	720	6,720
July 31					61,250	540	540	6,270	68,600

Sales Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Value (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total (₹)
2017
July 02	R.Mukherjee, Kolkata			5,000
	Add: 12% IGST			600
				5,600	5,000	–	–	600	5,600

July 08	D.Das, Kolkata			10,000
	Less: 5% T.D.			500
				9,500
	Add: 12% IGST			1,140
				10,640	9,500	–	–	1,140	10,640

July 09	R.Mukherjee, Kolkata			12,000
	Add: 12% IGST			1,440
				13,440	12,000	–	–	1,440	13,440

July 14	T. Rana, Delhi			20,000
	Add: 6% CGST			1,200
	6% SGST			1,200
				22,400	20,000	1,200	1,200	–	22,400

July 17	D.Das, Kolkata			10,000
	Add: 12% IGST			1,200
				11,200	10,000	–	–	1,200	11,200

July 28	T. Rana, Delhi			15,000
	Add: 6% CGST			900
	6% SGST			900
				16,800	15,000	900	900	–	16,800
July 31					71,500	2,100	2,100	4,380	80,080

Purchases Return Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Cost (₹)	Input CGST (₹)	Input SGST (₹)	Input IGST (₹)	Total (₹)
2017
July 04	S. Raj, Delhi			3,000
	Less: Trade Discount@10%			300
				2,700
	Add: 6% CGST			162
	6% SGST			162
				3,024	2,700	162	162	–	3,024

July 25	M. Dey, Kolkata			4,000
	Less: Trade Discount @ 5%			200
				3,800
	Add: 12% IGST			456
				4,256	3,800	–	–	456	4,256
July 31					6,500	162	162	456	7,280

Sales Return Book
Date	Particulars	Invoice No.	L.F.	Details (₹)	Value (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total (₹)
2017
July 06	R.Mukherjee, Kolkata			2,000
	Add: 12% IGST			240
				2,240	2,000	–	–	240	2,240

July 09	D.Das, Kolkata			3,000
	Less: 5% T.D.			150
				2,850
	Add: 12% IGST			342
				3,192	2,850	–	–	342	3,192
July 31					4,850	–	–	582	5,432

Capital Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 31	To Balance b/d		1,00,000	July 01	By Cash A/c		30,000
				July 01	By Bank A/c		70,000
			50,000				1,00,000

Purchases Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 06	To BankA/c		5,000	July 06	By Drawings A/c		2,500
July 31	To Sundries from Purchases Book		61,250	July 31	By Balance c/d		63,750
			66,250				66,250

S. Raj
Dr.				Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 04	To Purchases Return		2,700	July 01	By Purchases		9,000
July 04	To Input CGST A/c		162	July 01	By Input CGST		540
July 04	To Input SGST A/c		162	July 01	By Input SGST		540
July 04	To Bank A/c		6,800
July 04	To Discount Received A/c		256
			10,080				10,080

Input CGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 01	To S. Raj		540	July 04	By S. Raj		162
July 01	To Bank A/c		300	July 28	By Drawings A/c		150
				July 31	By Balance c/d		528
			840				840

Input SGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 01	To S. Raj		540	July 04	By S. Raj		162
July 01	To Bank A/c		300	July 28	By Drawings A/c		150
				July 31	By Balance c/d		528
			840				840

Output CGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 31	To Balance c/d		2,298	July 14	By Sales A/c		198
				July 14	By T. Rana		1,200
				July 28	By T. Rana		900

			2,298				2,298

Output SGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 31	To Balance c/d		2,298	July 14	By Sales A/c		198
				July 14	By T. Rana		1,200
				July 28	By T. Rana		900

			2,298				2,298

R. Mukherjee
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 02	To Sales A/c		5,000	July 06	By Sales Return A/c		2,000
July 02	To Output IGST A/c		600	July 14	By Output IGST A/c		240
July 09	To Sales A/c		12,000	July 11	By Cash A/c		8,600
July 09	To Output IGST A/c		1,440	July 11	By Discount Allowed A/c		400
				July 31	By Balance c/d		7,800
			19,040				19,040

T. Rana
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 14	To Sales A/c		20,000	July 20	By Cash A/c		13,000
July 14	To Output CGST A/c		1,200	July 20	By Discount Allowed A/c		500
July 14	To Output SGST A/c		1,200	July 31	By Cash A/c		12,850
July 28	To Sales A/c		15,000	July 31	By Bad Debts A/c		12,850
July 28	To Output CGST A/c		900
July 28	To Output SGST A/c		900
			39,200				39,200

Bad Debts Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017

July 31	To T. Rana		12,850	July 31	By Balance c/d		12,850
			12,850				12,850

Sales Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 31	To Balance c/d		74,800	July 14	By Cash A/c		3,300
				July 31	By Sundries from Sales Book		71,500
			74,800				74,800

Discount Received Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
				July 04	By S. Raj		256
July 31	To Balance c/d		756	July 17	By D. Seth		500
			756				756

Output IGST Account
Dr.							Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 06	To R. Mukherjee		240	July 02	By R. Mukherjee		600
July 09	To D. Das		342	July 08	By D. Das		1,140
July 31	To Balance c/d		3,798	July 09	By R. Mukherjee		1,440
				July 17	By D. Das		1,200
			4,380				4,380

Discount Allowed Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 11	To R. Mukherjee		400
July 20	To T. Rana		500	July 31	By Balance c/d		900
			900				900

Input IGST Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017

July 05	To D. Seth		2,400	July 25	By M. Dey		456
July 09	To M. Dey		1,710	July 31	By Balance c/d		5,814
July 14	To D. Seth		1,440
July 20	To M. Dey		720
			6,270				6,270

D. Seth
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 17	To Bank A/c		9,000	July 05	By Purchases A/c		20,000
July 17	To Discount Received A/c		500	July 05	By Input IGST A/c		2,400
July 31	To Balance c/d		26,340	July 14	By Purchases A/c		12,000
				July 18	By Input IGST A/c		1,440
			35,840				35,840

Purchases Return Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 31	To Balance c/d		6,500	July 31	By Sundries from Purchases Return Book		6,500
			6,500				6,500

Drawings Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 10	To Cash A/c		2,500	July 31	By Balance c/d		5,300
July 28	To Purchases A/c		2,500
July 28	To Input CGST A/c		150
July 28	To Input SGST A/c		150
			5,300				5,300

D. Das
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 08	To Sales A/c		9,500	July 09	By Sales Return A/c		2,850
July 08	To Output IGST A/c		1,140	July 09	By Output IGST A/c		342
July 17	To Sales A/c		10,000	July 31	By Balance c/d		18,648
July 17	To Output IGST A/c		1,200
			21,840				21,840

M. Dey
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 25	To Purchase Return A/c		3,800	July 09	By Purchases A/c		14,250
July 25	To Input IGST A/c		456	July 09	By Input IGST A/c		1,710
July 31	To Balance c/d		18,424	July 20	By Purchases A/c		6,000
				July 20	By Input IGST A/c		720
			22,680				22,680

Computer Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 05	To Cash A/c		5,000	July 31	By Balance c/d		5,000
			5,000				5,000

Sales Return Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 03	To Sundries from Sales Book		4,850	July 31	By Balance c/d		4,850
			4,850				4,850

Wages Account
Dr.								Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2017				2017
July 31	To Cash A/c		480	July 31	By Balance c/d		480
			480				480

Trial Balance as on 31^st July, 2017
S. No.	Particular	J.F.	Debit Amount (Rs)	Credit Amount (Rs)
1	Capital			1,00,000
2	Purchases		63,750
3	Purchases Return			6,500
4	R. Mukherjee		7,800
5	Input CGST		528
6	Input SGST		528
7	Input IGST		5,814
8	Output CGST			2,298
9	Output SGST			2,298
10	Output IGST			3,798
11	D. Seth			26,340
12	S. Das		18,648
13	M. Dey			18,424
14	Sales			74,800
15	Sales Return		4,850
16	Discount Allowed		900
17	Bad Debts		12,850
18	Discount Received			756
19	Cash		56,666
20	Bank		52,100
21	Computer		5,000
22	Wages		480
23	Drawings		5,300

			2,35,214	2,35,214

Double Entry Book Keeping Ts Grewal 2018 for Class 11 Commerce Accountancy Chapter 8 - Special Purpose Books Ii Other Books

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