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Question No 23 Chapter No 11 – T.S. Grewal 11 Class

Posted by By Shubham Sharma 34 Min Read July 5, 2020
Question No.23 - Chapter No.11 - T.S. Grewal +1 Book 2019-Solution-min-min

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Question No 23 Chapter No 11

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23. The followed are the transaction of Kamal, Delhi for the month of July 2017:
( All Cheque are paid into Bank on the day received)

2018 Started business with Rs 1,00,000 as Capital, of which Rs 70,000 was by cheque deposited into bank  
Jul.1 Bought goods from S. Raj, Delhi Rs 10,000 less Trade Discount 10% *
Jul.2 Sold goods to R. Mukherjee, Kolkata Rs 5000**
Jul.4 Goods returned to S. Raj Rs3,000 and Paid him by cheque Rs 6,000( discount allowed Rs 256)
Jul.5 Goods Purchased  from D. Seth, Patna Rs 20,00**
  Bought old Computer for cash for office use Rs 5,000
Jul.6 Goods returned by R. Mukherjee Rs 2,000
  Bought Goods From Rahul, Delhi Rs 5,000 and Paid by cheque*
Jul.8 Sold goods to D. Dass, Delhi Rs 10,000 less: Trade Discount 5%**
Jul.9 Bought goods from M. Dey,  Kolkata Rs 15,000 less: Trade Discount 5%**
  Sold goods to R. Mukherjee, Kolkata Rs 12,000**
  Goods returned by D. Dass Rs 3,000
Jul.10 Cash is withdrawn by Kamal for Household expenses Rs 2,500
Jul.11 Received from R . Mukherjee Rs 8,600( discount allowed RS 400)
Jul.14 Cash Sales Rs 3,300*
  Sold Goods to t. Rana, Delhi Rs 20,000
  Bought goods from D. Seth, Patna Rs 12,000**
Jul.17 Sold goods to D. Dass, Kolkata Rs 10,000**
  Paid by Cheque to D. Seth Rs 9,000( discount allowed Rs 500)
Jul.20 Goods purchased from M. Dey, Kolkata Rs 6,000**
  Cash received from T. Rana Rs 13,000 ( discount allowed Rs 500)
Jul.25 Cash Deposited into bank Rs 3,500
  Goods returned to M. Dey Rs 4,000 out of a purchase made on 9th July
Jul.28 Sold goods to T. Rana, Delhi Rs 15,000
  Goods have taken by Kamal for personal use Rs 2,500. These goods were purchased from Rahul.
Jul.31 Paid wages Rs 480
  T. Rana became insolvent and 50 paise in rupee realised from his estate.

 

Transactions marked* are Intra State transaction Subject to be CGST and SGST @ 6% each

Transactions marked** are inter-State transaction Subject to be IGST @ 12%

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The solution of Question No 23 Chapter No 11: – 

In the Books of Prabhat Electric Co., Delhi
  Cash Book  
Date Particular L.F Cash Bank Date Particular L.F
 Cash Bank
Jul
1		 To Cash A/c   1,00,000   Jul
1		 By Bank A/c   70,000  
1 To Cash A/c     70,000 1 By S. Raj A/c     6,800
11 To R. Mukherjee A/c   8,600   5 By Old Computer A/c   5,000  
14 To Sale A/c   3,300   6 By Rahul, Delhi A/c     5,000
14 To Output CGST A/c   198   6 By Input CGST A/c     300
14 To Output SGST A/c   198   6 By Input SGST A/c     300
20 To T. Rana A/c   13,000   10 By Drawing A/c   2,500  
25 To Cash A/c     3,500 17 By D. Seth A/c     9,000
25 To Cash A/c   12,850   25 By Bank A/c   3,500  
          31 By Wages A/c   480  
          31 By Balance C/d   56,666 52,100
      1,38,146 73,500       1,38,146 73,500

 

  Purchases Book 
Date Particular Detail Cost
 Input CGST Input SGST  Input
ISGT 		 Total
2018
Jul.		              
1 S.Raj,Delhi            
    10,000          
    10,000          
  Less: Trade Discount@10% 1,000          
    9,000          
  Add: CGST 6% 540          
  Add: SGST 6% 540          
    10,080 9,000 540 540   10,080
5 D. Seth, Patna:            
    20,000          
    20,000          
  Add: IGST 12% 2,400          
    22,400 20,000     2,400 22,400
               
9 M. Dey, Kolkata 15,000          
    15,000          
  Less: Trade Discount @ 5% 750          
    14,250          
    Add: 12% IGST 1,710          
    15,960 14,250     1,710 15,960
14 D. Seth, Patna: 12,000          
    12,000          
  Add: IGST 12% 1,440          
    13,440 12,000     1,440 13,440
20 M. Dey, Kolkata 6,000          
    6,000          
    Add: 12% IGST 720          
    6,720 6,000     720 6,720
      17,000     2,040 19,040

 

  Sale Book 
Date Particular Detail Cost
 Output CGST Output SGST  Output
ISGT 		 Total
2018
Jul.		              
2 R.Mukherjee, Kolkata              
    5,000          
    5,000          
  Add: 12% IGST 600          
    5600 5,000     600 5600
8 D.Das, Kolkata 10000         5,600
    10000          
    Less: 5% T.D. 500          
    9500          
   Add: 12% IGST 1140          
    10,640       1140 10640
9 R.Mukherjee, Kolkata   12,000          
    12,000          
   Add: 12% IGST 1,440          
    13,440 12,000     1,440 13,440
14 T. Rana, Delhi 20,000          
    20,000          
  Add: 6% CGST 1,200          
  Add: 6% SGST 1,200          
    22,400 20,000 1,200 1,200   22,400
17 D.Das, Kolkata 10,000          
    10,000          
    Add: 12% IGST 1,200           
    11,200 10,000     1,200  11200
28 T. Rana, Delhi 15000          
    15000          
  Add: 6% CGST 900          
  Add: 6% SGST 900          
    16800 15000 900 900   16800
      71500 2100 2100 4380 80080

 

  Purchases Return Book
Date Particular Detail Cost
 Input CGST Input SGST  Input
ISGT 		 Total
2018
Jun.		              
21 S. Raj, Delhi              
    3000          
    3000          
    Less: Trade Discount@10% 300          
    2700          
   Add: 6% CGST 162          
   Add: 6% CGST 162          
    3024 2700 162 162   3024
25 M. Dey, Kolkata 4000          
    4000          
    Less: Trade Discount @ 5% 200          
    3800          
    Add: 12% IGST 456          
    4256 3800     456 4256
      6500 162 162 456 7280

 

  Sales Return Book
Date Particular Detail Cost
 Input CGST Input SGST  Input
ISGT 		 Total
2018
Jun.		              
6 R.Mukherjee, Kolkata              
    2000          
    2000          
    Add: 12% IGST 240          
    2240 2000     240 2240
9 D.Das, Kolkata 3000          
    3000          
    Less: Trade Discount @ 5% 150          
    2850          
  Add: 12% IGST 342          
    3192 2850     342 3192
      4850     582 5432

 

Dr. Capital A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
        Jan. 1 By Cash A/c   30000
        Jan. 1 By Bank A/c   70000
Jan.31 To Balance C/d   1,00,000        
               
      1,00,000       1,00,000

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Dr. Purchases Account Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 6 To Bank A/c   5,000 Jul. 6 By Drawings A/c   2,500
Jul. 31 To Sundries from Purchases Book   61,250        
               
        Jul. 31 By Balance C/d   63,750
      66,250       66,250

 

Dr. S. Raj Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 4 To Purchases Return   2700 Jul. 1 By Purchases   9000
Jul. 4 To Input CGST A/c   162 Jul. 1 By input CGST A/c   540
Jul. 4 To Input SGST A/c   162 Jul. 1 By Input SGST A/c   540
Jul. 4 To Bank A/c   6800        
Jul. 4 To Discount Received A/c   256        
               
      10080       10080

 

Dr. Input CGST Account Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 1 To S. Raj   540 Jul. 4 By S. Raj   162
Jul. 1 To Bank A/c   300 Jul. 28 By Drawings A/c   150
        Jul. 31 To Balance C/d   528
      840       840

 

Dr. Input SGST Account Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 1 To S. Raj   540 Jul. 4 By S. Raj   162
Jul. 1 To Bank A/c   300 Jul. 28 By Drawings A/c   150
        Jul. 31 To Balance C/d   528
      840       840

 

Dr. Output CGST Account Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
        Jul. 14 By Sales A/c   198
        Jul. 20 By T. Rana   1200
        Jul. 28 By T. Rana   900
Jan. 31 To Balance C/d   2298        
      2298       2298

 

Dr. Output SGST Account Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
        Jul. 14 By Sales A/c   198
        Jul. 20 By T. Rana   1200
        Jul. 28 By T. Rana   900
Jan. 31 To Balance C/d   2298        
      2298       2298

 

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Dr. R. Mukherjee Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 2 To Sale A/c   5000 Jul. 6 By Sales Return A/c   2000
Jul. 2 To Output IGST A/c   600 Jul. 6 By Output IGST A/c   240
Jul. 9 To Sales A/c   12000 Jul. 11 By Sales Return A/c   8600
Jul. 9 To Output IGST A/c   1440 Jul. 11 By Output IGST A/c   400
               
        Jul. 31 By Balance C/d   7800
               
      19040       19040

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Dr. Bad Debts Account Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jan. 1 To T. Rana   12850        
        Jul. 31 By Balance C/d   12850
      12850       12850

 

Dr. T. Rana Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 14 To Sale A/c   20000 Jul. 20 By Cash A/c   13000
Jul. 14 To Output CGST A/c   1200 Jul. 20 By Discount Allowed A/c   500
Jul. 14 To Output SGST A/c   1200 Jul. 31 By Cash A/c   12850
Jul. 28 To Sales A/c   15000 Jul. 31 By Bad Debts A/c   400
Jul. 28 To Output CGST A/c   900        
Jul. 28 To Output SGST A/c   900        
      39200       39200

 

Dr. Sales Account Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
        Jul. 14 By Cash A/c   3300
        Jul. 31 By Sundries from Sales Book   71500
Jul. 31 To Balance C/d   74800        
      74800       74800

 

Dr. Discount Received Account Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
        Jul. 4 By S. Raj   256
        Jul. 17 By Sundries from Sales Book   500
Jul. 31 To Balance C/d   756        
      756       756

 

Dr. Output IGST Account Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jan. 3 To R. Mukherjee   240 Jul. 2 By R. Mukherjee   600
  To D. Das   342 Jul. 8 By D. Das   1140
        Jul. 9 By R. Mukherjee   1440
        Jul. 17 By D. Das   1200
Jul. 31 To Balance C/d   4380        
      4380       4380

 

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Dr. Discount Allowed Account Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 11 To R. Mukherjee   400        
Jul. 20 To T. Rana   500        
        Jul. 31 By Balance C/d   900
      900       900

 

Dr. Input IGST A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 5 To D. Seth   2400 Jul. 25 By M. Dey   456
Jul. 9 To M. Dey   1710        
Jul. 14 To D. Seth   1440        
Jul. 20 To M. Dey   720        
        Jul. 31 By Balance C/d   5814
      6270       6270

 

Dr. D. Seth Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 1 To Bank A/c   9000 Jul. 5 By Purchases A/c   20000
Jul. 1 To Discount Received A/c   500 Jul. 5 By Input IGST A/c   2400
        Jul. 14 By Purchases A/c   12000
        Jul. 14 By Input IGST A/c   1440
Jul. 31 To Balance C/d   26340        
      35840       35840

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Dr. Purchase Return A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
        Jul. 31 By Sundries From Purchases Return A/c   6,500
Jul. 31 To Balance C/d   6,500        
      6,500       6,500

 

Dr. Drawing A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 10 To Cash A/c   2,500        
Jul. 28 To Purchases A/c   2,500        
Jul. 28 To Input CGST A/c   150        
Jul. 28 To Input CGST A/c   150        
        Jul. 31 By Balance C/d   5,300
      5,300       5,300

 

 

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Dr. D. Das A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 8 To Sales A/c   9,500 Jul. 9 By Sales Return A/c   2,850
Jul. 8 To Output IGST A/c   1,140 Jul. 9 By Output IGST A/c   342
Jul. 17 To Sales A/c   10,000        
Jul. 17 To Output IGST A/c   1,200        
        Jul. 31 By Balance C/d   18,648
      21,840       21,840

 

Dr. M.Dey A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 25 To Purchase Return A/c   3,800 Jul. 9 By Purchases A/c   14,250
Jul. 25 To Input IGST A/c   456 Jul. 9 By Input IGST A/c   1,710
        Jul. 20 By Purchases A/c   6,000
        Jul. 20 By Input IGST A/c   720
Jul. 31 To Balance C/d   18,424        
      22,680       22,680

 

Dr. Computer A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 5 To Cash A/c   5,000        
        Jul. 31 By Balance C/d   5,000
      5,000       5,000

 

Dr. Sales Return A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 31 To Sundries from Sales Book   4,850        
        Jul. 31 By Balance C/d   4,850
      4,850       4,850

 

Dr. Wages A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
2018       2018      
Jul. 31 To Cash A/c   480        
        Jul. 31 By Balance C/d   480
      480       480

 

 

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Trail Balance A/c Cr.
Particulars
 J.F. Debit Credit
Capital A/c     1,00,000
Purchases   63,750  
Purchases Return     6,500
R. Mukherjee   7,800  
Input CGST   528  
Input SGST   528  
Input IGST   5,814  
Output CGST     2,298
Output SGST     2,298
Output IGST     3,798
D. Seth     26,340
S. Das   18,648  
M. Dey     18,424
Sales     74,800
Sales Return   4,850  
Discount Allowed   900  
Bad Debts   12,850  
Discount Received     756
Cash   56,666  
Bank   52,100  
Computer   5,000  
Wages   480  
Drawings   5,300  
    2,35,214 2,35,214

To understand more about cash book please check out following links: –

Sales Return Book | Subsidiary Books | Examples

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

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T.S. Grewal's Double Entry Book Keeping

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