Question No 29 Chapter No 8 - T.S. Grewal 11 Class

Question No 29 Chapter No 8

Journalise the following in the books of Amit Saini, Gurugram (Haryana):

(i)	Goods of Rs 5,000 were used by him for domestic purpose.
(ii)	Rs. 2,000 due from Sohan became bad debts.
(iii)	Goods of Rs 6,000 were destroyed by fire and were not insured.
(iv)	Paid Rs 4,000 in cash as wages on installation of machine. GST is not to be levied.
(v)	Sold goods to Arjun of Delhi of list price Rs 20,000. Trade discount @ 10% and cash discount of 5% was allowed. He paid the amount on the same day and availed the cash discount.
(vi)	Received cash for a bad debt written off last year Rs 2,000
(vii)	Goods of Rs 1,000 given as charity.
(viii)	Received Rs 9,750 from Ramesh in full settlement of his account of 10,000.
(ix)	Paid rent in advance Rs 4,000.

In the Books of Amit Saini, Gurugram (Haryana)

Date	Particulars		L.F.	Debit	Credit

(i)	Drawing A/c	Dr.		5,600
	To Purchase A/c				5,000
	To Input CGST A/c				300
	To Input SGST A/c				30
	(Being Goods used by owner for domestic purpose.)

(ii)	Bad Debts A/c	Dr.		2,000
	To Sohan A/c				2,000
	(Being amount due from Sohan became bad debts)

(iii)	Loss by fire A/c	Dr.		6,720
	To Purchase A/c				6,000
	To Input CGST A/c				360
	To Input SGST A/c				360
	(Being goods destroyed by fire)

(iv)	Machine A/c	Dr.		4,000
	To Cash A/c				4,000
	(Being wages paid for installation of machine)

(v)	Cash A/c	Dr.		19,152
	Discount Allowed A/c	Dr.		1,008
	To Sales A/c				18,000
	To Output IGST A/c				2,160
	(Being goods sold to Arjun of Delhi for cash.)

(vi)	Cash A/c	Dr.		2,000
	To Bad Debts recover A/c				2,000
	(Being Bad Debts recovered written as bad last year.)

(vii)	Charity A/c	Dr.		1,120
	To Purchase A/c				1,000
	To Input CGST A/c				60
	To Input SGST A/c				60
	(Being goods given as charity)

(viii)	Cash A/c	Dr.		9,750
	Discount Allowed A/c	Dr.		250
	To Ramesh A/c				10,000
	(Being received from Ramesh in full settlement)

(ix)	Pre paid Rent A/c	Dr.		4,000
	To Cash A/c				4,000
	(Being rent paid in advance.)