Question No 02 Chapter No 6 - USHA Publication 11 Class

Question No 02 Chapter No 6

Table of Contents

The solution of Question No 02 Chapter No 6: –

Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

02. Journalise the following transaction in the book of Shabina, assuming all Transaction has occurred the state of Delhi, charging 9% CGST and 9% SGST

2019
Feb. 1	Purchased goods for Rs 2,50,000 from Wazid Ali
Feb. 6	Sold goods for Rs 3,00,000 to Sunil Dutti
Feb. 10	Return goods to Wazid Ali for Rs 25,000
Feb. 14	Sunil Dutti returned goods worth Rs 15,000
Feb. 18	Goods destroyed by rain Rs 20,000
Feb. 21	Paid for printing and Stationery Rs 10,000
Feb. 24	Goods are withdrawn by the proprietor for personal use Rs 16,000
Feb. 28	Settled balance of GST amount, if any.

The solution of Question No 02 Chapter No 6: –

In the Books of Shabina
Date	Particulars		L.F.	Debit	Credit
2019
Feb. 1	Purchases A/c	Dr.		2,50,000
	Input CGST A/c	Dr.		22,500
	Input SGST A/c	Dr.		22,500
	To Wazid Ali A/c				2,95,000
	(Being goods bought from Wazid Ali plus 9% CGST and SGST. )

Feb. 6	Sunil Dutti A/c	Dr.		3,54,000
	To Sale A/c				3,00,000
	To Output CGST A/c				27,000
	To Output SGST A/c				27,000
	(Being goods sold to Sunil Dutti plus 9% CGST and SGST)

Feb. 10	Wazid Ali A/c	Dr.		29,500
	To Purchases Return A/c				25,000
	To Input CGST A/c				2,250
	To Input SGST A/c				2,250
	(Being goods return to Wazid Ali plus 9% CGST and SGST)

Feb. 14	Sale Return A/c	Dr.		15,000
	Output CGST A/c	Dr.		1,350
	Output SGST A/c	Dr.		1,350
	To Sunil Dutti A/c				17,700
	(Being Sunil return goods plus 9% CGST and SGST. )

Feb. 18	Destroyed by Rain A/c	Dr.		23,600
	To Purchases A/c				20,000
	To Input CGST A/c				1,800
	To Input SGST A/c				1,800
	(Being destroyed by rain plus 9% CGST and SGST)

Feb. 21	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 paid for printing and Stationary plus 9% CGST and SGST. )

Feb. 24	Printing & Stationery A/c	Dr.		18,880
	To Purchases A/c				16,000
	To Input CGST A/c				1,440
	To Input SGST A/c				1,440
	(Being destroyed by rain plus 9% CGST and SGST)

Feb. 28	CGST payable A/c	Dr.		17,910
	To Input CGST A/c				17,910
	(Being Input CGST transfer to CGST payable )

Feb. 28	SGST payable A/c	Dr.		17,910
	To Input SGST A/c				17,910
	(Being Input SGST transfer to SGST payable )

Feb. 28	Output CGST A/c	Dr.		25,650
	To CGST payable A/c				25,650
	(Being Output CGST transfer to CGST payable )

Feb. 28	Output SGST A/c	Dr.		25,650
	To SGST payable A/c				25,650
	(Being Output SGST transfer to SGST payable )

Feb. 28	CGST payable A/c	Dr.		7,740
	SGST payable A/c	Dr.		7,740
	To Bank A/c				15,480
	(Being balance to CGST paid to Government )