Question No 09 Chapter No 9 – USHA Publication 11 Class

Question No 09 Chapter No 9

Question No 09 Chapter No 9

9. Enter the following transaction in the sale book of Manish Pandey f Punjab and post them into ledger while all sales were made at 14% CGST and SGST 14%

2019  
Mar.1 Sold to Surinder Singh of Ludhiana (Pb)
  100 pcs long Cloth @ Rs 300 per pc.
  200 Pcs Shirting @ RS 200 per pc.
  Packing and forwarding charges Rs 500
Mar.10 Sold to Jang Pal of Amritsar (Pb)
  25 Pcs Shirting @ RS 300 per pc.
  40 Pcs Suiting 2 Rs 250 per pc.
Mar.21 Sold to Manmohan of Srinagar
  120 blankest @ RS 600 each
  100 Shawls 2 Rs 800 each

 

The solution of Question No 09 Chapter No 9: –

 

Date Particular Detail Cost
Output CGST Output SGST  Output
ISGT
 
Freight Total
2018

               
Mar. 1 Surinder Singh of Ludhiana              
  100 pc long cloth @ Rs 300 per pc. 30,000            
  200 Pcs shirting Rs 200 per pc. 40,000            
    70,000            
  Add: Freight 500            
    70,500            
  Add: CGST 9,870            
  Add: SGST 9,870            
    90,240 70,000 9,870 9,870   500 90,240
                 
Mar.10 Jang Pal of Amritsar              
  25 Pcs shirting Rs 300 per pc 8,000            
  40 Pcs suiting @ Rs 250 per pc. 10,000            
    17,500            
  Add: CGST 2,450            
  Add: SGST 2,450            
    22,400 28,000 2,450 2,450     22,400
                 
Mar.21 Manmohan of Srinagar              
  120 Blankest @ Rs 600 each 72,000            
  100 shawls @ Rs 800 each 80,000            
    1,52,000            
  Add: IGST 28% 42,560            
    15,120 1,52,000     42,560   1,94,560
  Total   2,39,500 12,320 12,320 42,560 500 3,07,200

 

 

Sales Book| Subsidiary Books | Examples

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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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