Question No 06 Chapter No 6 – USHA Publication 11 Class

Question No 06 Chapter No 6

Question No 06 Chapter No 6

06. Pass the journal entries in the book of Zail Singh(Transporter):

2017  
Aug. 1 Purchased goods costing Rs 60,000 plus 6% CGST against cheque
Sep. 5 Sold goods to V.V Giri for Rs 40,000 plus 6% CGST and SGST
Oct. 12 V.V. Giri returned the goods of the sales value of Rs 4,000
Nov. 10 Purchased 3 motor vans of the sales value of Rs 4,000
Dec. 15 Goods destroyed by fire Rs 8,000 (purchased originally at 6% CGST and 6% SGST
2018  
Jan. 21 Purchased stationery for the office Rs 12,000 and for personal use Rs 6,000 (CGST 6% and SGST 6%)
Feb. 18 Paid for the restaurant bill Rs 4,000 plus 2.5% CGST and 2.5% SGST for entertaining the customers.
Mar. 25 Goods costing Rs 4,500 donated to Orphanage (Goods were originally purchased at 6% CGST and 6% SGST )

 

The solution of Question No 06 Chapter No 6: –

 

In the Books of Zail Singh
Date Particulars
L.F. Debit Credit
2017          
Aug. 1 Purchases A/c Dr.   60,000  
  Input CGST A/c Dr.   3,600  
  Input SGST A/c Dr.   3,600  
  To Bank A/c       67,200
  (Being goods bought by cheque plus 6% CGST and SGST. )      
         
Sep. 5 V.V. Giri A/c Dr.   44,800  
  To Sale A/c     40,000
  To Output CGST A/c     2,400
  To Output SGST A/c     2,400
  (Being goods sold to V.V Giri plus 9% CGST and SGST)      
         
Oct. 12 V.V. Giri A/c Dr.   4,000  
  Output CGST A/c Dr.   240  
  Output SGST A/c Dr.   240  
  To V.V. Giri A/c     4,480
  (Being goods return by V.V. Giri plus 6% CGST and SGST. )      
         
Nov. 10 Motor vans A/c Dr.   6,00,000  
  Input IGST A/c Dr.   1,68,000  
  To Cash A/c       7,68,000
  (Being Motor vans purchased Plus 28% IGST. )      
         
Dec. 15 Goods destroyed by Fire A/c Dr.   8,960  
  To Purchases A/c     8,000
  To Input CGST A/c     480
  To Input SGST A/c     480
  (Being goods destroyed by fire plus 6% CGST and SGST. )      
         
2018        
Jan. 21 Stationery A/c Dr.   12,000  
  Input CGST A/c Dr.   720  
  Input SGST A/c Dr.   720  
  To Cash A/c     13,440
  (Being purchased stationary plus 6% CGST and SGST. )      
         
Jan. 21 Drawing A/c Dr.   6,720  
  To Purchases A/c     6,720
  (Being goods are withdrawn by proprietor )      
         
Feb. 21 Restaurant bill A/c Dr.   4,000  
  Input CGST A/c Dr.   100  
  Input SGST A/c Dr.   100  
  To Cash A/c     4,200
  (Being restaurant bill paid plus 2.5% CGST and SGST. )      
         
Mar. 25 Donation A/c Dr.   5,040  
  To CGST payable A/c     4,500
  To Input CGST A/c     270
  To Input SGST A/c     270
  (Being goods donated plus 6% CGST and SGST. )      
         

 

 

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

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

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

Chapter No. 15 – Bills of Exchange

Chapter No. 16 – Rectification of Errors 

Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)

 

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