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Question No 06 Chapter No 6 – USHA Publication 11 Class

Question No 06 Chapter No 6
Q-06 - CH-6 - USHA +1 Book 2020 - Solution

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Question No 06 Chapter No 6

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

2017 
Aug. 1Purchased goods costing Rs 60,000 plus 6% CGST against cheque
Sep. 5Sold goods to V.V Giri for Rs 40,000 plus 6% CGST and SGST
Oct. 12V.V. Giri returned the goods of the sales value of Rs 4,000
Nov. 10Purchased 3 motor vans of the sales value of Rs 4,000
Dec. 15Goods destroyed by fire Rs 8,000 (purchased originally at 6% CGST and 6% SGST
2018 
Jan. 21Purchased stationery for the office Rs 12,000 and for personal use Rs 6,000 (CGST 6% and SGST 6%)
Feb. 18Paid for the restaurant bill Rs 4,000 plus 2.5% CGST and 2.5% SGST for entertaining the customers.
Mar. 25Goods 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
DateParticulars
L.F.DebitCredit
2017     
Aug. 1Purchases A/cDr. 60,000 
 Input CGST A/cDr. 3,600 
 Input SGST A/cDr. 3,600 
 To Bank A/c   67,200
 (Being goods bought by cheque plus 6% CGST and SGST. )   
     
Sep. 5V.V. Giri A/cDr. 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. 12V.V. Giri A/cDr. 4,000 
 Output CGST A/cDr. 240 
 Output SGST A/cDr. 240 
 To V.V. Giri A/c  4,480
 (Being goods return by V.V. Giri plus 6% CGST and SGST. )   
     
Nov. 10Motor vans A/cDr. 6,00,000 
 Input IGST A/cDr. 1,68,000 
 To Cash A/c   7,68,000
 (Being Motor vans purchased Plus 28% IGST. )   
     
Dec. 15Goods destroyed by Fire A/cDr. 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. 21Stationery A/cDr. 12,000 
 Input CGST A/cDr. 720 
 Input SGST A/cDr. 720 
 To Cash A/c  13,440
 (Being purchased stationary plus 6% CGST and SGST. )   
     
Jan. 21Drawing A/cDr. 6,720 
 To Purchases A/c  6,720
 (Being goods are withdrawn by proprietor )   
     
Feb. 21Restaurant bill A/cDr. 4,000 
 Input CGST A/cDr. 100 
 Input SGST A/cDr. 100 
 To Cash A/c  4,200
 (Being restaurant bill paid plus 2.5% CGST and SGST. )   
     
Mar. 25Donation A/cDr. 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

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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)

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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

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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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