Question No 31 Chapter No 5 - USHA Publication 11 Class

Question No 31 Chapter No 5

Table of Contents

Miscellaneous Transaction

31. Journalise the transactions in the book of Abdullah:

2018
Apr. 1	Purchased goods from V.P.P. for Rs 4,000 Surya Brother
Apr. 6	Sent goods to Manyta thought V.P.P Rs 12,000
Apr. 10	Received cash from Manyta for goods supplied through V.P.P Rs 12,000
Apr. 13	Paid income tax Rs 32,000
Apr. 16	Received income Tax refund in business bank account Rs 15,000
Apr. 17	Goods worth Rs 40,000 sold by charging 10% Sale Tax
Apr. 21	Goods sold to Tanuja for Rs 66,000, which include 10% sale Tax
Apr. 24	Sale tax deposited with the Government Rs 10,000

In the Books of Abdullah
Date	Particulars		L.F.	Debit	Credit
2018
Apr.1	Purchases A/c	Dr.		4,000
	To Cash A/c				4,000
	(Being goods bought through V.P.P.)

Apr.6	Manyta A/c	Dr.		12,000
	To Sale A/c				12,000
	(Being exchanged old computer with the new, balance paid in cash .)

Apr.10	Cash A/c	Dr.		12,000
	To Manyta A/c				12,000
	(Being deprecation on machinery provided @10%)

Apr.13	Drawing A/c	Dr.		32,000
	To Cash A/c				32,000
	(Being income tax paid in cash )

Apr.16	Bank A/c	Dr.		15,000
	To Capital A/c				15,000
	(Being income tax refund deposited in a business bank account )

Apr.17	Cash A/c	Dr.		44,000
	To Sale A/c				40,000
	To Sale Tax Collected A/c				4,000
	(Being goods sold for cash and sale tax collected 10%)

Apr.21	Tanuja A/c	Dr.		66,000
	To Sale A/c				60,000
	To Sale Tax Collected A/c				6,000
	(Being goods sold for cash and sale tax collected 10%)

Apr.24	Sale Tax Collected A/c	Dr.		10,000
	To Cash A/c				10,000
	(Being Tax deposited with Government )