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Question 1 Chapter 5 – Unimax Publications of Class 11

Q1 - CH-5 Solution
Q1 - CH-5 Solution

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Question 1 Chapter 5 – Unimax

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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.

The solution of Question 1 Chapter 5 – Unimax:

JOURNAL OF SURINDRA

DateParticulars L.F.DebitCredit
2020     
Apr. 1Purchases A/cDr. 6,00,000 
 Input CGST A/cDr. 54,000 
 Input SGST A/cDr. 54,000 
 To Mohan& Sons A/c   7,08,000
 (Being good purchased from Mohan & Sons within the state)    
      
Apr. 4 Sohan A/cDr. 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. 5Mohan& Sons A/cDr. 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. 10Advertisement A/cDr. 40,000 
 Input CGST A/c  3,600 
 Input SGST A/c  3,600 
 To Bank A/c   47,200
 (Being advertisement paid by cheque and GST levied)    
      
Apr. 15Sales Return A/cDr. 2,00,000 
 Output CGST A/c  18,000 
 Output SGST A/c  18,000 
 To Bank A/c   2,36,000
 (Being goods returned by Sohan and GST levied)    
      
Apr. 20Furniture A/cDr. 1,00,000 
 Input CGST A/c  9,000 
 Input SGST A/c  9,000 
 To Bank A/c   1,18,000
 (Being furniture purchased by cheque and GST paid)    
      
Apr. 22Printing & Stationery A/cDr. 10,000 
 Input CGST A/c  900 
 Input SGST A/c  900 
 To Discount A/c   11,800
 (Being printing& stationery paid)   

This is all about the Question 1 Chapter 5 – Unimax. You can check out the following article to better understand:

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Opening Journal Entry – its Rules and Examples 

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Opening Journal Entry – its Rules and Examples – In Hindi

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You can also Check out the solved question of other Chapters: –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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Part-I

  • Chapter No. 1 – Introduction of Accounting
  • Chapter No. 2 – Theory Base of Accounting
  • Chapter No. 3 – Vouchers and Transactions
  • Chapter No. 4 – Journal
  • Chapter No. 5 – Goods and Services Tax (GST) : An Introduction
  • Chapter No. 6 – Ledger
  • Chapter No. 7 – Special Purpose Book – Cash Book
  • Chapter No. 8 – Other Subsidiary Books
  • Chapter No. 9 – Trial Balance
  • Chapter No. 10 – Rectification of Errors
  • Chapter No. 11 – Depreciation
  • Chapter No. 12 – Provision and Reserves
  • Chapter No. 13 – Bank Reconlciliation Statement
  • Chapter No. 14 – Bills of Exchange

Students may Choose only one part from the Part II and Part III

Part-II

  • Chapter No. 15 – Financial Statements (Without Adjustments)
  • Chapter No. 16 – Financial Statements (With Adjustments)
  • Chapter No. 17 – Accounts from Incomplete Records – Single Entry System

Part-III

  • Chapter No. 18 – Introduction to Compurters and Accounting information System
  • Chapter No. 19 – Computerised Accounting
  • Chapter No. 20 – Accounting Software : Tally
  • Chapter No. 21 – Data Base System
  • Chapter No. 22 – Concept of Entity and Relationship

You can also Check out the other Books’ Solution: –

 

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