Question No 7 Chapter No 11 - T.S. Grewal 11 Class

Question No 7 Chapter No 11

Table of Contents

The solution of Question No 7 Chapter No 11: –

7. From the following particulars, prepare Sales book of Gupta & Co., Kolkata who deals in furniture:

2018
Jan.1	Sold on credit to Hari & Co., Kolkata:
	10 Table @ Rs 1,100 each
	20 Chair @ Rs 1,000 each
	Charged CGST and SGST @ 6% each
Jan.10	Sold to M/s Sharma & Co., Delhi on credit:
	5 Almirahs @ Rs 5,000 each
	5 Stools @ Rs 1,000 each
	Charged IGST @ 12%
*Jan.20	Sold Old typewriter fir Rs 600 to Raji & Co., Kolkata on Credit:
	Charged CGST and SGST @6% each
Jan.25	Sold to M/s Sohan Lal & Bros., Kolkata On credit:
	5 Table @ Rs 2,500 each
	1 Revolving Chair @ Rs 5,000
	Charged CGST and SGST @ 6% each

Write up the Ledger Account

The solution of Question No 7 Chapter No 11: –

In the Books of Gaurav, Gupta & Co., Kolkata

	Sale Book
Date	Particular	Detail	Cost	Output CGST	Output SGST	Output ISGT	Total
2018 Jan
5	Hari & co., Kolkata:
	10 Table @ Rs 1,100 each	11,000
	20 Chair @ Rs 1,000 each	20,000
		31,000
	Add: CGST	1,860
	Add: SGST	1,860
		34,720	31,000	1,860	1,860		34,720
10	M/s Sharma & CO., Delhi:
	5 Almirahs @ Rs 5,000 each	25,000
	5 Stools @ Rs 1,000 each	5,000
		30,000
	IGST @ 12%	3,600
		33,600	30,000			3,600	33,600

25	M/s sohan Lal & Bros ., Kolkata:
	5 Table @ Rs 2,500 each	12,500
	1 Revolving Chair @ Rs 5,000	5,000
		17,500
	Add: Output CGST	1,050
	Add: Output SGST	1,050
		19,600	17,500	1,050	1,050		19,600
			78,500	2,910	2,910	3,600	87,920

Dr.	Sale A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
				Jan.5	By M/s Hari & Co., Kolkata A/c		31,000
				Jan.10	By M/s Sharma & Co., Delhi A/c		30,000
				Jan.25	By M/s Sohan Lal & Bros., Kolkata A/c		17,500
Jan. 30	To Balance C/d		78,500
			78,500				78,500

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Dr.	Output CGST A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Jun. 5	To Hari & Co., Kolkata A/c		1,860
Jan.25	To M/s Sohan Lal & Bros., Kolkata A/c		1,050	Jan. 30	By Balance C/d		2,910
			2,910				2,910

Dr.	Output SGST A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Jan.5	To Hari & Co., Kolkata A/c		1,860
Jan.25	To M/s Sohan Lal & Bros., Kolkata A/c		1,050	Jan. 30	By Balance C/d		2,910
			2,910				2,910

Dr.	Output IGST A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Jan.15	To M/s Sharma & Co., Delhi A/c		3,600
				Jan.30	By Balance C/d		3,600
			3,600				3,600

Dr.	Hari & Co., Kolkata A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Jan. 5	To Sale A/c		31,000
Jan.5	To Output CGST A/c		1,860
Jan.5	To Output SGST A/c		1,860
				Jan. 30	By Balance C/d		34,720
			34,720				34,720

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Dr.	M/s Sharma & Co., Delhi A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Apr.10	To Sale A/c		30,000
Apr.10	To Output IGST A/c		3,600
				Apr.30	By Balance c/d		33,600

			33,600				33,600

Dr.	M/s Sohan lal & Bros ., Kolkata A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Apr.15	To Sale A/c		17,500
Apr.15	To Output CGST A/c		1,050
Apr.15	To Output CGST A/c		1,050
				Apr. 30	By Balance C/d		19,600
			19,600				19,600

* Sold Old typewriter fir Rs 600 to Raji & Co., Kolkata on Credit:
Charged CGST and SGST @6% each

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In this transaction, the typewriter will be treated as an Sale for the business this is not a good because business deal with Furniture, So only Sale of Furniture goods are record in the Sale book so it will not be recorded in the Sale book

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

Purchase Book | Types | Examples | Subsidiary Books

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T.S. Grewal’s Double Entry Book Keeping

Question No 7 Chapter No 11 – T.S. Grewal 11 Class

Write up the Ledger Account

The solution of Question No 7 Chapter No 11: –

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