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Question No 23 Chapter No 11 - T.S. Grewal 11 Class

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Question No 23 Chapter No 11

23. The followed are the transaction of Kamal, Delhi for the month of July 2017:
( All Cheque are paid into Bank on the day received)

2018	Started business with Rs 1,00,000 as Capital, of which Rs 70,000 was by cheque deposited into bank
Jul.1	Bought goods from S. Raj, Delhi Rs 10,000 less Trade Discount 10% *
Jul.2	Sold goods to R. Mukherjee, Kolkata Rs 5000**
Jul.4	Goods returned to S. Raj Rs3,000 and Paid him by cheque Rs 6,000( discount allowed Rs 256)
Jul.5	Goods Purchased from D. Seth, Patna Rs 20,00**
	Bought old Computer for cash for office use Rs 5,000
Jul.6	Goods returned by R. Mukherjee Rs 2,000
	Bought Goods From Rahul, Delhi Rs 5,000 and Paid by cheque*
Jul.8	Sold goods to D. Dass, Delhi Rs 10,000 less: Trade Discount 5%**
Jul.9	Bought goods from M. Dey, Kolkata Rs 15,000 less: Trade Discount 5%**
	Sold goods to R. Mukherjee, Kolkata Rs 12,000**
	Goods returned by D. Dass Rs 3,000
Jul.10	Cash is withdrawn by Kamal for Household expenses Rs 2,500
Jul.11	Received from R . Mukherjee Rs 8,600( discount allowed RS 400)
Jul.14	Cash Sales Rs 3,300*
	Sold Goods to t. Rana, Delhi Rs 20,000
	Bought goods from D. Seth, Patna Rs 12,000**
Jul.17	Sold goods to D. Dass, Kolkata Rs 10,000**
	Paid by Cheque to D. Seth Rs 9,000( discount allowed Rs 500)
Jul.20	Goods purchased from M. Dey, Kolkata Rs 6,000**
	Cash received from T. Rana Rs 13,000 ( discount allowed Rs 500)
Jul.25	Cash Deposited into bank Rs 3,500
	Goods returned to M. Dey Rs 4,000 out of a purchase made on 9th July
Jul.28	Sold goods to T. Rana, Delhi Rs 15,000
	Goods have taken by Kamal for personal use Rs 2,500. These goods were purchased from Rahul.
Jul.31	Paid wages Rs 480
	T. Rana became insolvent and 50 paise in rupee realised from his estate.

Date	Particular	Cash	Bank	Date	Particular	Cash	Bank
	Cash Book
Jul 1	To Cash A/c	1,00,000		Jul 1	By Bank A/c	70,000
1	To Cash A/c		70,000	1	By S. Raj A/c		6,800
11	To R. Mukherjee A/c	8,600		5	By Old Computer A/c	5,000
14	To Sale A/c	3,300		6	By Rahul, Delhi A/c		5,000
14	To Output CGST A/c	198		6	By Input CGST A/c		300
14	To Output SGST A/c	198		6	By Input SGST A/c		300
20	To T. Rana A/c	13,000		10	By Drawing A/c	2,500
25	To Cash A/c		3,500	17	By D. Seth A/c		9,000
25	To Cash A/c	12,850		25	By Bank A/c	3,500
				31	By Wages A/c	480
				31	By Balance C/d	56,666	52,100
		1,38,146	73,500			1,38,146	73,500

Date	Particular	Detail	Cost	Input CGST	Input SGST	Input ISGT	Total
	Purchases Book
2018 Jul.
1	S.Raj,Delhi
		10,000
		10,000
	Less: Trade Discount@10%	1,000
		9,000
	Add: CGST 6%	540
	Add: SGST 6%	540
		10,080	9,000	540	540		10,080
5	D. Seth, Patna:
		20,000
		20,000
	Add: IGST 12%	2,400
		22,400	20,000			2,400	22,400

9	M. Dey, Kolkata	15,000
		15,000
	Less: Trade Discount @ 5%	750
		14,250
	Add: 12% IGST	1,710
		15,960	14,250			1,710	15,960
14	D. Seth, Patna:	12,000
		12,000
	Add: IGST 12%	1,440
		13,440	12,000			1,440	13,440
20	M. Dey, Kolkata	6,000
		6,000
	Add: 12% IGST	720
		6,720	6,000			720	6,720
			17,000			2,040	19,040

Date	Particular	Detail	Cost	Output CGST	Output SGST	Output ISGT	Total
	Sale Book
2018 Jul.
2	R.Mukherjee, Kolkata
		5,000
		5,000
	Add: 12% IGST	600
		5600	5,000			600	5600
8	D.Das, Kolkata	10000					5,600
		10000
	Less: 5% T.D.	500
		9500
	Add: 12% IGST	1140
		10,640				1140	10640
9	R.Mukherjee, Kolkata	12,000
		12,000
	Add: 12% IGST	1,440
		13,440	12,000			1,440	13,440
14	T. Rana, Delhi	20,000
		20,000
	Add: 6% CGST	1,200
	Add: 6% SGST	1,200
		22,400	20,000	1,200	1,200		22,400
17	D.Das, Kolkata	10,000
		10,000
	Add: 12% IGST	1,200
		11,200	10,000			1,200	11200
28	T. Rana, Delhi	15000
		15000
	Add: 6% CGST	900
	Add: 6% SGST	900
		16800	15000	900	900		16800
			71500	2100	2100	4380	80080

Date	Particular	Detail	Cost	Input CGST	Input SGST	Input ISGT	Total
	Purchases Return Book
2018 Jun.
21	S. Raj, Delhi
		3000
		3000
	Less: Trade Discount@10%	300
		2700
	Add: 6% CGST	162
	Add: 6% CGST	162
		3024	2700	162	162		3024
25	M. Dey, Kolkata	4000
		4000
	Less: Trade Discount @ 5%	200
		3800
	Add: 12% IGST	456
		4256	3800			456	4256
			6500	162	162	456	7280

Date	Particular	Detail	Cost	Input ISGT	Total
	Sales Return Book
2018 Jun.
6	R.Mukherjee, Kolkata
		2000
		2000
	Add: 12% IGST	240
		2240	2000	240	2240
9	D.Das, Kolkata	3000
		3000
	Less: Trade Discount @ 5%	150
		2850
	Add: 12% IGST	342
		3192	2850	342	3192
			4850	582	5432

Question No 23 Chapter No 11 - T.S. Grewal 11 Class

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The solution of Question No 23 Chapter No 11: -

In the Books of Prabhat Electric Co., Delhi

Sarbjit SinghB.Com and M.Com

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Question No 36 Chapter No 19 - T.S. Grewal 11 Class

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Capital A/c				Cr.
2018			2018
			Jan. 1	By Cash A/c	30000
			Jan. 1	By Bank A/c	70000
Jan.31	To Balance C/d	1,00,000

		1,00,000			1,00,000

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Purchases Account				Cr.
2018			2018
Jul. 6	To Bank A/c	5,000	Jul. 6	By Drawings A/c	2,500
Jul. 31	To Sundries from Purchases Book	61,250

			Jul. 31	By Balance C/d	63,750
		66,250			66,250

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	S. Raj				Cr.
2018			2018
Jul. 4	To Purchases Return	2700	Jul. 1	By Purchases	9000
Jul. 4	To Input CGST A/c	162	Jul. 1	By input CGST A/c	540
Jul. 4	To Input SGST A/c	162	Jul. 1	By Input SGST A/c	540
Jul. 4	To Bank A/c	6800
Jul. 4	To Discount Received A/c	256

		10080			10080

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Input CGST Account				Cr.
2018			2018
Jul. 1	To S. Raj	540	Jul. 4	By S. Raj	162
Jul. 1	To Bank A/c	300	Jul. 28	By Drawings A/c	150
			Jul. 31	To Balance C/d	528
		840			840

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Input SGST Account				Cr.
2018			2018
Jul. 1	To S. Raj	540	Jul. 4	By S. Raj	162
Jul. 1	To Bank A/c	300	Jul. 28	By Drawings A/c	150
			Jul. 31	To Balance C/d	528
		840			840

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Output CGST Account				Cr.
2018			2018
			Jul. 14	By Sales A/c	198
			Jul. 20	By T. Rana	1200
			Jul. 28	By T. Rana	900
Jan. 31	To Balance C/d	2298
		2298			2298

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Output SGST Account				Cr.
2018			2018
			Jul. 14	By Sales A/c	198
			Jul. 20	By T. Rana	1200
			Jul. 28	By T. Rana	900
Jan. 31	To Balance C/d	2298
		2298			2298

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	R. Mukherjee				Cr.
2018			2018
Jul. 2	To Sale A/c	5000	Jul. 6	By Sales Return A/c	2000
Jul. 2	To Output IGST A/c	600	Jul. 6	By Output IGST A/c	240
Jul. 9	To Sales A/c	12000	Jul. 11	By Sales Return A/c	8600
Jul. 9	To Output IGST A/c	1440	Jul. 11	By Output IGST A/c	400

			Jul. 31	By Balance C/d	7800

		19040			19040

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Bad Debts Account				Cr.
2018			2018
Jan. 1	To T. Rana	12850
			Jul. 31	By Balance C/d	12850
		12850			12850

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	T. Rana				Cr.
2018			2018
Jul. 14	To Sale A/c	20000	Jul. 20	By Cash A/c	13000
Jul. 14	To Output CGST A/c	1200	Jul. 20	By Discount Allowed A/c	500
Jul. 14	To Output SGST A/c	1200	Jul. 31	By Cash A/c	12850
Jul. 28	To Sales A/c	15000	Jul. 31	By Bad Debts A/c	400
Jul. 28	To Output CGST A/c	900
Jul. 28	To Output SGST A/c	900
		39200			39200

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Sales Account				Cr.
2018			2018
			Jul. 14	By Cash A/c	3300
			Jul. 31	By Sundries from Sales Book	71500
Jul. 31	To Balance C/d	74800
		74800			74800

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Discount Received Account				Cr.
2018			2018
			Jul. 4	By S. Raj	256
			Jul. 17	By Sundries from Sales Book	500
Jul. 31	To Balance C/d	756
		756			756

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Output IGST Account				Cr.
2018			2018
Jan. 3	To R. Mukherjee	240	Jul. 2	By R. Mukherjee	600
	To D. Das	342	Jul. 8	By D. Das	1140
			Jul. 9	By R. Mukherjee	1440
			Jul. 17	By D. Das	1200
Jul. 31	To Balance C/d	4380
		4380			4380

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Discount Allowed Account				Cr.
2018			2018
Jul. 11	To R. Mukherjee	400
Jul. 20	To T. Rana	500
			Jul. 31	By Balance C/d	900
		900			900

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Input IGST A/c				Cr.
2018			2018
Jul. 5	To D. Seth	2400	Jul. 25	By M. Dey	456
Jul. 9	To M. Dey	1710
Jul. 14	To D. Seth	1440
Jul. 20	To M. Dey	720
			Jul. 31	By Balance C/d	5814
		6270			6270

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	D. Seth				Cr.
2018			2018
Jul. 1	To Bank A/c	9000	Jul. 5	By Purchases A/c	20000
Jul. 1	To Discount Received A/c	500	Jul. 5	By Input IGST A/c	2400
			Jul. 14	By Purchases A/c	12000
			Jul. 14	By Input IGST A/c	1440
Jul. 31	To Balance C/d	26340
		35840			35840

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Purchase Return A/c				Cr.
2018			2018
			Jul. 31	By Sundries From Purchases Return A/c	6,500
Jul. 31	To Balance C/d	6,500
		6,500			6,500

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Drawing A/c				Cr.
2018			2018
Jul. 10	To Cash A/c	2,500
Jul. 28	To Purchases A/c	2,500
Jul. 28	To Input CGST A/c	150
Jul. 28	To Input CGST A/c	150
			Jul. 31	By Balance C/d	5,300
		5,300			5,300

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	D. Das A/c				Cr.
2018			2018
Jul. 8	To Sales A/c	9,500	Jul. 9	By Sales Return A/c	2,850
Jul. 8	To Output IGST A/c	1,140	Jul. 9	By Output IGST A/c	342
Jul. 17	To Sales A/c	10,000
Jul. 17	To Output IGST A/c	1,200
			Jul. 31	By Balance C/d	18,648
		21,840			21,840

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	M.Dey A/c				Cr.
2018			2018
Jul. 25	To Purchase Return A/c	3,800	Jul. 9	By Purchases A/c	14,250
Jul. 25	To Input IGST A/c	456	Jul. 9	By Input IGST A/c	1,710
			Jul. 20	By Purchases A/c	6,000
			Jul. 20	By Input IGST A/c	720
Jul. 31	To Balance C/d	18,424
		22,680			22,680

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Computer A/c				Cr.
2018			2018
Jul. 5	To Cash A/c	5,000
			Jul. 31	By Balance C/d	5,000
		5,000			5,000

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Sales Return A/c				Cr.
2018			2018
Jul. 31	To Sundries from Sales Book	4,850
			Jul. 31	By Balance C/d	4,850
		4,850			4,850

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Wages A/c				Cr.
2018			2018
Jul. 31	To Cash A/c	480
			Jul. 31	By Balance C/d	480
		480			480

Particulars	Debit	Credit
Trail Balance A/c		Cr.
Capital A/c		1,00,000
Purchases	63,750
Purchases Return		6,500
R. Mukherjee	7,800
Input CGST	528
Input SGST	528
Input IGST	5,814
Output CGST		2,298
Output SGST		2,298
Output IGST		3,798
D. Seth		26,340
S. Das	18,648
M. Dey		18,424
Sales		74,800
Sales Return	4,850
Discount Allowed	900
Bad Debts	12,850
Discount Received		756
Cash	56,666
Bank	52,100
Computer	5,000
Wages	480
Drawings	5,300
	2,35,214	2,35,214