# Question No 07 Chapter No 6 – USHA Publication 11 Class

Q-07 - CH-6 - USHA +1 Book 2020 - Solution

Question No 07 Chapter No 6

07. Journalise the following transaction in the book of Arbaz Khan of U.P, assuming 14 % CGST and 14%SGST

 2019 Feb. 1 Purchased goods from Krishnamurti Of J&K and paid Rs 51,200 including GST Feb. 4 Purchased goods from Raza Murad of U.P Costing Rs 60,000 Feb. 8 Sold goods to Mumtaz of Maharashtra and received Rs 1,28,000 including GST Feb. 10 Paid for Air conditioner services and issued a cheque of Rs 12,800 Feb. 14 Purchased laptop for office use for Rs 50,000 from Sohail Kahn of U.P Feb. 22 Paid for advertisement Rs 15,000 excluding GST Feb. 28 Balance of GST paid by cheque, if any

### The solution of Question No 07 Chapter No 6: –

 In the Books of Arbaz Khan Date Particulars L.F. Debit Credit 2019 Feb. 1 Purchases A/c Dr. 40,000 Input CGST A/c Dr. 5,600 Input SGST A/c Dr. 5,600 To Krishnamurti A/c 51,200 (Being goods bought from Krishnamurti plus 14% CGST and SGST.) Feb. 4 Purchases A/c Dr. 60,000 Input CGST A/c Dr. 8,400 Input SGST A/c Dr. 8,400 To Raza Murad A/c 76,800 (Being goods bought from Raza Murad plus 14% CGST and SGST. ) Feb. 8 Maharashtra A/c Dr. 1,28,000 To Sale A/c 1,00,000 To Output CGST A/c 14,000 To Output SGST A/c 14,000 (Being goods sold to Maharashtra plus 14% CGST and SGST) Feb. 10 Air conditioner A/c Dr. 10,000 Input CGST A/c Dr. 1,400 Input SGST A/c Dr. 1,400 To Bank A/c 12,800 (Being cheque issued for air conditioner services plus 14% CGST and SGST. ) Feb. 14 Laptop A/c Dr. 50,000 Input CGST A/c Dr. 7,000 Input SGST A/c Dr. 7,000 To Bank A/c 64,000 (Being bought laptop plus 14% CGST and SGST. ) Feb. 18 Diljeet A/c Dr. 64,0000 To Sale A/c 50,000 To Output CGST A/c 7,000 To Output SGST A/c 7,000 (Being goods sold to Diljeet plus 14% CGST and SGST) Feb. 22 Diljeet A/c Dr. 15,000 Input CGST A/c Dr. 2,100 Input SGST A/c Dr. 2,100 To Cash A/c 19,200 (Being cash paid for Advertisement plus 14% CGST and SGST. ) Feb. 28 CGST payable A/c Dr. 24,500 To Input CGST A/c 24,500 (Being Input CGST transfer to CGST payable ) Feb. 28 SGST payable A/c Dr. 24,500 To Input SGST A/c 24,500 (Being Input SGST transfer to SGST payable ) Feb. 28 Output CGST A/c Dr. 21,000 To CGST payable A/c 21,000 (Being Output CGST transfer to CGST payable ) Feb. 28 Output SGST A/c Dr. 21,000 To SGST payable A/c 21,000 (Being Output SGST transfer to SGST payable )

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## 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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