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

Question No 23 Chapter No 11

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Jul.10	Cash is withdrawn by Kamal for Household expenses Rs 2,500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%

Advertisement-X

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

Advertisement-Y

Advertisement-X

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

Advertisement-X

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

Advertisement-Y

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

Advertisement-X

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

Advertisement-Y

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

Advertisement-X

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

Advertisement-X

Advertisement-Y

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

Thanks, Please Like and share with your friends

Comment if you have any question.

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

Check out T.S. Grewal +1 Book 2019 @ Official Website of Sultan Chand Publication

Advertisement-X

T.S. Grewal’s Double Entry Book Keeping

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

The solution of Question No 23 Chapter No 11: –

In the Books of Prabhat Electric Co., Delhi

Related