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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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Question 27 Chapter 8 of Class 11 Unimax Publications
27. Enter the following transactions of Shan, Kolkata in the Subsidiary Books and into the Ledger and prepare Trial Balance :
| 2020 | ||
| Apr. 1 | Shan started a business with | 6,00,000 |
| Apr. 4 | Furniture purchased from Modern Furniture for 50,000 plus CGST and SGST @ 6% each | |
| Apr. 5 | Purchased goods for 1,00,000 plus CGST and SGST © 6% each in cash | |
| Apr. 8 | Purchased goods from K.G. Khosla & Co., Faridabad, Haryana for 1,50,000, Trade discount 20%, plus IGST @ 12% | |
| Apr. 9 | Opened a bank account by depositing | 1,50,000 |
| Apr. 10 | Sold goods in cash of 2,00,000 and charged CGST and SGST © 6% each | |
| Apr. 10 | Purchased stationery from R.S. Mart for 5,000 plus CGST and SGST @ 6% each | |
| Apr. 11 | Sold to Sanjay Kumar, Delhi goods of 1,00,000, charged IGST @ 12% | |
| Apr. 14 | Goods returned by Sanjay Kumar, Delhi of sale value 20,000 | |
| Apr. 15 | Payment to K.G. Khosla & Co. by cheque | 50,000 |
| Apr. 20 | Goods purchased on credit from Shiv Ddyal & Co., Delhi for 1,00,000 plus IGST @ 12% | |
| Apr. 25 | Goods returned to Shiv Dayal & Co., Delhi | |
| Apr. 28 | Paid electricity bill | 1,000 |
| Apr. 29 | Cash sales 90,000 plus CGST and SGST @ 6% each | |
| Apr. 30 | Withdrew for private use from bank | 10,000 |
PURCHASE BOOK
| Date | Invoice no. | Particulars |
L. F. | Details | Cost | Input CGST | Input SGST | Input IGST | Amount |
|---|---|---|---|---|---|---|---|---|---|
| 2020 | |||||||||
| Apr. 8 | K.G. Khosla & Co., Faridabad | ||||||||
| Readymade Clothes | 1,50,000 | ||||||||
| Less: Trade Discount @ 20% | 30,000 | ||||||||
| 1,20,000 | |||||||||
| Add: IGST @ 12% | 14,400 | ||||||||
| 1,34,400 | 1,20,000 | 14,400 | 1,34,400 | ||||||
| Apr. 20 | Shiv Dayal & Co., Delhi | 1,00,000 | |||||||
| Add: IGST @ 12% | 12,000 | ||||||||
| 1,12,000 | 1,00,000 | 12,000 | 1,12,000 | ||||||
| Apr. 30 | 2,20,000 | 26,400 | 2,46,400 |
Sales BOOK
| Date | Invoice no. | Particulars |
L. F. | Details | Cost | Output CGST | Output SGST | Output IGST | Amount |
|---|---|---|---|---|---|---|---|---|---|
| 2020 | |||||||||
| Apr. 11 | Sanjay Kumar, Delhi | 1,00,000 | |||||||
| Add: IGST @12% | 12,000 | ||||||||
| 1,12,000 | 1,00,000 | 12,000 | 1,12,000 | ||||||
| Apr. 30 | 1,00,000 | 12,000 | 1,12,000 |
PURCHASE RETURN BOOK
| Date | Debit Note no. | Particulars |
L. F. | Details | Cost | Input CGST | Input SGST | Input IGST | Amount |
|---|---|---|---|---|---|---|---|---|---|
| 2020 | |||||||||
| Apr. 25 | Shiv Dayal & Co., Delhi | 10,000 | |||||||
| Add: IGST @ 12% | 1,200 | ||||||||
| 11,200 | 10,000 | 1,200 | 11,200 | ||||||
| Apr. 30 | 10,000 | 1,200 | 11,200 |
SALES RETURN BOOK
| Date | Credit Note no. | Particulars |
L. F. | Details | Cost | Output CGST | Output SGST | Output IGST | Amount |
|---|---|---|---|---|---|---|---|---|---|
| 2020 | |||||||||
| Apr. 14 | Sanjay Kumar, Delhi | 20,000 | |||||||
| Add: IGST @ 12% | 2,400 | ||||||||
| 22,400 | 20,000 | 2,400 | 22,400 | ||||||
| Apr. 30 | 20,000 | 2,400 | 22,400 |
| Dr. | Cash Book | Cr. | |||||||
| Date | Particulars | L.F. | Cash | Bank | Date | Particulars | L.F. | Cash | Bank |
|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2020 | ||||||||
| Apr. 1 | To Capital A/c | 6,00,000 | Apr. 5 | By Purchases A/c | 1,00,000 | ||||
| Apr. 9 | To Cash A/c | C | 1,50,000 | Apr. 5 | By Input CGST A/c | 6,000 | |||
| Apr. 10 | To Sales A/c | 2,00,000 | Apr. 5 | By Input SGST A/c | 6,000 | ||||
| Apr. 10 | To Output CGST A/c | 12,000 | Apr. 9 | By Bank A/c | C | 1,50,000 | |||
| Apr. 10 | To Output SGST A/c | 12,000 | Apr. 15 | By K.G. Khosla & Co. | 50,000 | ||||
| Apr. 29 | To Sales A/c | 90,000 | Apr. 28 | By Electricity | 1,000 | ||||
| Apr. 29 | To Output CGST A/c | 5,400 | Apr. 30 | By Drawings A/c | 10,000 | ||||
| Apr. 29 | To Output SGST A/c | 5,400 | Apr. 30 | By Balance c/d | 6,61,800 | 90,000 | |||
| 9,24,800 | 1,50,000 | 9,24,800 | 1,50,000 | ||||||
| May 1 | 6,61,800 | 90,000 | |||||||
LEDGER OF SHAN, KOLKATA
| Dr. | CAPITAL ACCOUNT | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2020 | 2020 | ||||||
| Apr. 30 | To Balance c/d | 6,00,000 | Apr. 1 | 6,00,000 | |||
| 6,00,000 | 6,00,000 | ||||||
| May 1 | 6,00,000 | ||||||
| Dr. | FURNITURE ACCOUNT | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2020 | 2020 | ||||||
| Apr. 4 | To Modern Furniture A/c | 50,000 | Apr. 30 | By Balance c/d | 50,000 | ||
| 50,000 | 50,000 | ||||||
| Dr. | MODERN FURNITURE | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2020 | 2020 | ||||||
| Apr. 30 | To Balance c/d | 56,000 | Apr. 4 | By Furniture A/c | 50,000 | ||
| Apr. 4 | By Input CGST A/c | 3,000 | |||||
| Apr. 4 | By Input SGST A/c | 3,000 | |||||
| 56,000 | 56,000 | ||||||
| Dr. | PURCHASES ACCOUNT | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2020 | 2020 | ||||||
| Apr. 5 | To Cash A/c | 1,00,000 | Apr. 30 | By Balance c/d | 3,20,000 | ||
| Apr. 30 | To Sundries as per Purchases Book | 2,20,000 | |||||
| 3,20,000 | 3,20,000 | ||||||
| Dr. | SALES ACCOUNT | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2020 | 2020 | ||||||
| Apr. 30 | To Balance c/d | 3,90,000 | Apr. 30 | By Cash A/c | 2,00,000 | ||
| Apr. 30 | By Cash A/c | 90,000 | |||||
| Apr. 30 | By Sundries as per Sales Book | 1,00,000 | |||||
| 3,90,000 | 3,90,000 | ||||||
| Dr. | INPUT CGST ACCOUNT | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2020 | 2020 | ||||||
| Apr. 4 | To MODERN FURNITURE | 3,000 | Apr. 30 | By Balance c/d | 540 | ||
| Apr. 5 | To Cash A/c | 6,000 | |||||
| Apr. 10 | To R.S. Mart A/c | 300 | |||||
| 9,300 | 9,300 | ||||||
| Dr. | INPUT SGST ACCOUNT | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2020 | 2020 | ||||||
| Apr. 4 | To MODERN FURNITURE | 3,000 | Apr. 30 | By Balance c/d | 540 | ||
| Apr. 5 | To Cash A/c | 6,000 | |||||
| Apr. 10 | To R.S. Mart A/c | 300 | |||||
| 9,300 | 9,300 | ||||||
| Dr. | INPUT IGST ACCOUNT | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2020 | 2020 | ||||||
| Apr. 30 | To Sundries as per Purchase Book | 26,400 | Apr. 30 | By Sundries as per Purchase Book | 1,200 | ||
| Apr. 30 | By Balance c/d | 25,200 | |||||
| 26,400 | 26,400 | ||||||
| Dr. | OUTPUT CGST ACCOUNT | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2020 | 2020 | ||||||
| Apr. 30 | To Balance c/d | 17,400 | Apr. 10 | By Cash A/c | 12,000 | ||
| Apr. 29 | By Cash A/c | 5,400 | |||||
| 17,400 | 17,400 | ||||||
| Dr. | OUTPUT SGST ACCOUNT | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2020 | 2020 | ||||||
| Apr. 30 | To Balance c/d | 17,400 | Apr. 10 | By Cash A/c | 12,000 | ||
| Apr. 29 | By Cash A/c | 5,400 | |||||
| 17,400 | 17,400 | ||||||
| Dr. | OUTPUT IGST ACCOUNT | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2020 | 2020 | ||||||
| Apr. 30 | By Sundries as per Sales Return Book | 2,400 | Apr. 30 | By Sundries as per Sales Book | 12,000 | ||
| Apr. 30 | To Balance c/d | 9,600 | |||||
| 12,000 | 12,000 | ||||||
TRIAL BALANCE OF SHAN, KOLKATA
AS ON 30TH APRIL, 2020
|
S. No. |
Names of Accounts |
L. F. |
Dr. Balance |
Cr.Balance |
|---|---|---|---|---|
| 1. | Cash A/c | 6,61,800 | ||
| 2. | Bank A/c | 90,000 | ||
| 3. | Capital A/c | 6,00,000 | ||
| 4. | Furniture A/c | 50,000 | ||
| 5. | Modern Furniture | 56,000 | ||
| 6. | Purchases A/c | 3,20,000 | ||
| 7. | Sales A/c | 3,90,000 | ||
| 8. | Stationery A/c | 5,000 | ||
| 9. | R.S. Mart | 5,600 | ||
| 10. | Electricity Charges A/c | 1,000 | ||
| 11. | Drawings A/c | 10,000 | ||
| 12. | Purchases Return A/c | 10,000 | ||
| 13. | Sales Return A/c | 20,000 | ||
| 14. | K.G. Khosla & Co., Faridabad | 84,400 | ||
| 15. | Shiv Dayal & Co., Delhi | 1,00,800 | ||
| 16. | Sanjay Kumar, Delhi | 89,600 | ||
| 17. | Input CGST A/c | 9,300 | ||
| 18. | Input SGST A/c | 9,300 | ||
| 19. | Input IGST A/c | 25,200 | ||
| 20. | Output CGST A/c | 17,400 | ||
| 21. | Output SGST A/c | 17,400 | ||
| 22. | Output IGST A/c | 9,600 | ||
| Total | 12,91,200 | 12,91,200 |
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.
This guide covers "Question 27 Chapter 8 of Class 11 Unimax Publications", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Chapter 8 Other Subsidiary Books - Unimax.
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