Question No 05 Chapter No 6 – USHA Publication 11 Class

Question No 05 Chapter No 6

Question No 05 Chapter No 6

05. Record the following transaction in the book of Darshan Kumar:

2018  
Oct. 2 Purchased goods for Rs 6,00,000 from Mamta outside the state
Oct. 18 Sold goods for RS 4,00,000 outside the state to Jagdish Singh
Nov. 15 Sold goods for Rs 3,50,000 locally to Kamaljit Kaur
Nov. 29 Paid Rs 3,000 for refreshment in cash 
Dec. 10 Purchased printer for office 20,000(locally) from Prem Kumar
Dec. 31 Paid balance GST to the government
  (assuming CGST @9% and SGST @9%)

 

The solution of Question No 05 Chapter No 6: –

 

In the Books of Darshan Kumar
Date Particulars
L.F. Debit Credit
2019          
Oct. 2 Purchases A/c Dr.   6,00,000  
  Input CGST A/c Dr.   54,000  
  Input SGST A/c Dr.   54,000  
  To Mamta A/c       7,08,000
  (Being goods bought from Mamta plus 9% CGST and SGST. )      
         
Oct. 18 Jagdish Singh A/c Dr.   4,72,000  
  To Sale A/c     4,00,000
  To Output CGST A/c     36,000
  To Output SGST A/c     36,000
  (Being goods sold to Jagdish Singh plus 9% CGST and SGST)      
         
Nov. 15 Kamaljit Kaur A/c Dr.   4,13,000  
  To Sale A/c       3,50,000
  To Output CGST A/c       31,500
  To Output SGST A/c     31,500
  (Being goods sold to Kamaljit Singh plus 9% CGST and SGST)      
         
Nov. 29 Refreshment A/c Dr.   3,000  
  Input CGST A/c Dr.   270  
  Input SGST A/c Dr.   270  
  To Cash A/c     3,540
  (Being paid for Refreshment plus 9% CGST and SGST. )      
         
Dec. 10 Printer A/c Dr.   20,000  
  Input CGST A/c Dr.   1,800  
  Input SGST A/c Dr.   1,800  
  To Cash A/c     23,600
  (Being paid for printer plus 9% CGST and SGST. )      
         
Dec. 31 CGST payable A/c Dr.   56,070  
  To Input CGST A/c     56,070
  (Being Input CGST transfer to CGST payable )      
         
Dec. 31 SGST payable A/c Dr.   56,070  
  To Input SGST A/c     56,070
  (Being Input SGST transfer to SGST payable )      
         
Dec. 31 Output CGST A/c Dr.   67,500  
  To CGST payable A/c     67,500
  (Being Output CGST transfer to CGST payable )      
         
Dec. 31 Output SGST A/c Dr.   67,500  
  To SGST payable A/c     67,500
  (Being Output SGST transfer to SGST payable )      
         
Dec. 31 CGST payable A/c Dr.   11,430  
  SGST payable A/c Dr.   11,430  
  To Bank A/c     22,860
  (Being balance to CGST paid to Government )      
         

 

 

What is Accounting Equation | Example

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Also, Check out the solved question of all Chapters: –

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Vouchers and transactions

Chapter No. 4 – Journal

Chapter No. 5 – Ledger

Chapter No. 6 – Cash Book

Chapter No. 7 – Other Subsidiary Books

Chapter No. 8 – Journal Proper

Chapter No. 9 – Trial Balance 

Chapter No. 10 – Bank Reconciliation Statement

Chapter No. 11 – Depreciation

Chapter No. 12 – Provisions and Reserves 

Chapter No. 13 – Bills of Exchange

Chapter No. 14 – Rectification of Errors 

Chapter No. 15 – Financial Statements – (Without Adjustments)

Chapter No. 16 – Financial Statements – (With Adjustments)

 

 

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