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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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Question 1 Chapter 5 – Unimax Publications of Class 11
1. Pass entries in the books of Surindra assuming all transactions have taken place within the state. Assume CGST @9% and SGST@9%.
2020
April 1 Purchased goods for Rs. 6,00,000 from Mohan & Sons.
April 4 Sold goods for Rs. 10,00,000 to Sohan& Co.
April 5 Goods returned Rs. 1,00,000 to Mohan & Sons.
April 10 Paid for Advertisement Rs. 40,000 by cheque
April 15 Goods returned by Sohan & Co. Rs. 2,00,000
April 20 Purchased Furniture for office use Rs. 1,00,000 and payment made by cheque.
April 22 Paid for printing & stationery Rs. 10,000.
JOURNAL OF SURINDRA
| Date | Particulars | L.F. | Debit | Credit | |
|---|---|---|---|---|---|
| 2020 | |||||
| Apr. 1 | Purchases A/c | Dr. | 6,00,000 | ||
| Input CGST A/c | Dr. | 54,000 | |||
| Input SGST A/c | Dr. | 54,000 | |||
| To Mohan& Sons A/c | 7,08,000 | ||||
| (Being good purchased from Mohan & Sons within the state) | |||||
| Apr. 4 | Sohan A/c | Dr. | 11,80,000 | ||
| To Sales A/c | 10,00,000 | ||||
| To Output CGST A/c | 90,000 | ||||
| To Output SGST A/c | 90,000 | ||||
| (Being goods sold to Sohan within the state) | |||||
| Apr. 5 | Mohan& Sons A/c | Dr. | 1,18,000 | ||
| To Purchase Return A/c | 1,00,000 | ||||
| To Input CGST A/c | 9,000 | ||||
| To Input SGST A/c | 9,000 | ||||
| (Being goods returned to Mohan & Sons) | |||||
| Apr. 10 | Advertisement A/c | Dr. | 40,000 | ||
| Input CGST A/c | Dr. | 3,600 | |||
| Input SGST A/c | Dr. | 3,600 | |||
| To Bank A/c | 47,200 | ||||
| (Being advertisement paid by cheque and GST levied) | |||||
| Apr. 15 | Sales Return A/c | Dr. | 2,00,000 | ||
| Output CGST A/c | Dr. | 18,000 | |||
| Output SGST A/c | Dr. | 18,000 | |||
| To Sohan A/c | 2,36,000 | ||||
| (Being goods returned by Sohan and GST levied) | |||||
| Apr. 20 | Furniture A/c | Dr. | 1,00,000 | ||
| Input CGST A/c | Dr. | 9,000 | |||
| Input SGST A/c | Dr. | 9,000 | |||
| To Bank A/c | 1,18,000 | ||||
| (Being furniture purchased by cheque and GST paid) | |||||
| Apr. 22 | Printing & Stationery A/c | Dr. | 10,000 | ||
| Input CGST A/c | Dr. | 900 | |||
| Input SGST A/c | Dr. | 900 | |||
| To Cash A/c | 11,800 | ||||
| (Being printing& stationery paid) | |||||
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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