Question 12 Chapter 5 – Unimax 12. Pass entries in the books of Mandeep Rai of Punjab assuming CGST @ 9% and SGST @ 9%2019Oct. 1 Purchased goods for Rs. 7,50,000 from Prince of Haryana.Oct. 3 Purchased goods for Rs. Read More …
Question 11 Chapter 5 – Unimax 11. Enter the following transactions in the books of Shriya Traders. Assume CGST @ 9%May 1 Purchased goods for Rs. 9,00,000 from Abhi at 20% .May 10 Sold goods Rs. 4,50,000 on cash.May 20 Read More …
Question 10 Chapter 5 – Unimax 10. Journalise the following transactions in the books of Varun, Delhi:(i) He started business contributing Rs. 10,000 in cash, Rs. 5,00,000 in cheque and a building Valued at Rs. 5,00,000.(ii) Purchased goods from Mohan Read More …
Question 9 Chapter 5 – Unimax 9. Pass Journal entries for the following:(i) Interest due but not received Rs. 74,000.(ii) Salaries due to staff Rs. 25,000.(iii) Out of the rent paid this year, Rs. 2,000 relates to the next year.(iv) Read More …
Question 8 Chapter 5 – Unimax 8 Journalise the given data/setting off Input GST and Output GST amounts and Payment GST. Input CGST = 10,000 Output SGST = 4,000 Input SGST = 10,000 Output SGST = 4,000 Input IGST = Read More …
Question 7 Chapter 5 – Unimax 7. Journalise the following transactions in the books of Gobind(i) Purchased goods goods for Rs. 50,000 (Intra State) and Paid GST 18%.(ii) Sold goods for Rs. 80,000 (including Profit of 25%) and Charge GST Read More …
Question 6 Chapter 5 – Unimax 6.Journalise the following transactions in the books of Verma of Delhi:(i) Paid Rs. 5,000 in cash as wages on installation of machinery.(ii) Sold goods to Laxman of Delhi at the list price Rs. 20,000 Read More …
Question 5 Chapter 5 – Unimax 5. Pass Opening Journal entry: BALANCE SHEET AS AT 31ST MARCH, 2020 Liabilities Rs. Assets Rs. Sundry Creditors 56,000 Cash in Hand 4,300 Capital 2,14,000 Cash at Bank 26,750 Sundry Debtors 74,950 Read More …
Question 4 Chapter 5 – Unimax 4. Journalise the following transactions in the books of Harmeet Enterprises, Delhi:(i) Purchased goods from Sarpreet & Co., Delhi of list price Rs.25,000 at 20% trade discount and 3% cash discount on value of Read More …
Question 3 Chapter 5 – Unimax 3.Pass the Journal entries for the following transactions(i) Purchased goods from Sanjiv of Rs.40,000 plus IGST@12% at 10% Trade Discount Cash Discount. Paid amount at the time of purchase itself. (ii) Purchased goods from Read More …