Question 1

Question No 01 Chapter No 6 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 01 Chapter No 6
1. Pass entries in the books of Mukerjee & Sons. assuming all transactions have taken place within the state of Uttar Pradesh. Assume CGST @9% and SGST @ 9%.

2018

Mar.4
Purchased goods for 5,00,000 from Mehta Bros.

Mar.10
Sold goods for 8,00,000 to Munjal & Co.

Mar.15
Paid for advertisement 40,000 by cheque.

Mar.18
Purchased furniture for office use 50,000 and payment made by cheque.

Mar.25
Purchased furniture for office use 50,000 and payment

Question 2

Question No 02 Chapter No 6 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 02 Chapter No 6
2. Pass entries in the books of Devdhar & Bros. Odisha, assuming all transactions have been entered within the state, charging CGST and SGST @ 9% each:

2018

Mar.4
Purchased goods for 5,00,000 from Sunil Bros.

Mar.7
Goods returned to Sunil Bros. for 20,000

Mar.10
Sold goods to Mehta & Co. for 8,00,000

Mar.12
Sold goods to Mehta & Co. for 8,00,000

Mar.20
Goods are withdrawn by Proprietor for personal use 10,000

Mar.25
Goods are withdrawn by

Question 3

Question No 03 Chapter No 6 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 03 Chapter No 6
03.Pass entries in the books of Ganguli & Sons. assuming all transactions have been entered in the state of West Bengal:

(i)
Purchased goods for 2,00,000 and payment made by cheque.

(ii)
Sold goods for 1,60,000 to Devki Nandan & Sons

(iii)
Sold goods for 1,60,000 to Devki Nandan & Sons

(iv)
Paid for printing and stationery 4,000.

(v)
Received for commission 5,000.

(vi)
Output GST adjusted against Input GST

The solution of Question No 03

Question 4

Question No 04 Chapter No 6 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 04 Chapter No 6
04. Pass entries for the following transactions in the books of M/s Karthikeyan & Co. of Chennai:

2019

Jun.10
Purchased goods from Ravichandran of Madurai of the list price of 2,00,000 at 25% trade discount at 4% cash discount on the purchase price of goods. Paid CGST and SGST @ 9% each. Paid the entire amount by cheque on the same date.

Jun.25
Sold goods to Ramalingam of Erode of the list price of 3,75,000 at 20% trade discount and 2% cash discount on s

Question 5

Question No 05 Chapter No 6 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 05 Chapter No 6
05.Record the following transactions in the books of Sahdev & Sons assuming all transactions have been entered within the state of Bihar, Charging CGST and SGST @ 9% each

(i)
Bought goods from Nanak Bros. for 4,00,000 at 10% trade discount and 3% cash discount on purchase price. 25% of the amount paid at the time of purchase.

(ii)
Bought goods from Nanak Bros. for 4,00,000 at 10% trade discount and 3% cash discount on purchase price. 25% of the amount paid a

Question 6

Question No 06 Chapter No 6 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 06 Chapter No 6
06. Pass entries in the books of Mr. Roopani of Gujarat assuming CGST @ 9% and SGST@ 9%.

(i)
Purchased goods for 2,00,000 from Suryakant of Jaipur Rajasthan on Credit.

(ii)
Sold goods for 1,50,000 to Mr. Pawar of Mumbai Maharashtra and the cheque received was sent to bank.

(iii)
Sold goods for 2,50,000 within the state on credit.

(iv)
Sold goods for 2,50,000 within the state on credit.

(v)
Purchased furniture for office for 60,000 by cheque

(vi)
Payment

Question 7

Question No 07 Chapter No 6 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 07 Chapter No 6
07. Pass entries in the books of Sh. Jagdish Mishra of Lucknow U.P. assuming CGST @ 6% and SGST @ 6%:

2018

Mar.5
Purchased goods for 2,50,000 from Virender Yadav of Patna Bihar

Mar.12
Sold goods costing 60,000 at 50% profit to Partap Sinha of Ranchi Jharkhand

Mar.14
Purchased goods for 70,000 from Ram Nath of Kanpur U.P. against cheque

Mar.18
Sold goods at Varanasi U.P. Costing 2,25,000 at 33 1/3 % profit less trade discount 10% against cheque which was

Question 8

Question No 08 Chapter No 6 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 08 Chapter No 6
08. Pass entries in the books of Krishnan of Bengaluru Karnataka in the following cases:

(i)
Purchased goods from Karunakaran of Chennai for 1,00,000. IGST@18

(ii)
Purchased goods from Karunakaran of Chennai for 1,00,000. IGST@18

(iii)
Sold goods to S. Nair of Kerala for 2,60,000. IGST@18

(iv)
Purchased a Machinery for 80,000 from Surya Ltd. against cheque. CGST@9

(v)
Paid rent 30,000 by cheque. CGST@6

(vi)
Paid rent 30,000 by cheque. CGST@6

(vii)
Paid

Question 9

Question No 09 Chapter No 6 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 09 Chapter No 6
09. Pass entries in the books of all parties in the following cases assuming CGST @ 6% and SGST @ 6%

2018

Mar.1
Pass entries in the books of all parties in the following cases assuming CGST @ 6% and SGST @ 6%

Mar.5
Deepak Patnaik sold goods to Suresh Yadav of Odisha for 1,80,000.

Mar.10
Suresh Yadav sold goods to Ravi Chakravarti of West Bengal for 2,50,000.

Mar.14
Suresh Yadav sold goods to Ravi Chakravarti of West Bengal for 2,50,000.

The soluti

Question 10

Question No 10 Chapter No 6 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 10 Chapter No 6
10. You are required to pass journal entries for the following transaction in the books of Rajiv:

(i)
Purchased goods for Rs 15,000 from Vinay at a trade discount of 10%. The purchase is subject to a levy of CGST and SGST @9% each. 40% of the amount is paid immediately by cheque

(ii)
Goods of the value of Rs 2,000 are distributed from the stock as free samples, these goods had been purchased paying CGST and SGST @9% each.

The solution of Question No 10 Chap

Date	Particulars		Debit	Credit
2019
Mar.4	Purchases A/c	Dr.	5,00,000
	Input CGST A/c	Dr.	45,000
	Input SGST A/c	Dr.	45,000
	To Cash A/c			5,90,000
	(Being Purchased from Mehta Bros.)

Mar.10	Munjal & Co. A/c	Dr.	9,44,000
	To Sale A/c	.		8,00,000
	To Output CGST A/c			72,000
	To Output SGST A/c			72,000
	(Being Sold goods to Munjal & Co..)

Mar.15	Advertisement A/c	Dr.	40,000
	Input CGST A/c	Dr.	3,600
	Input SGST A/c	Dr.	3,600
	To Cash A/c			47,200
	(Being Paid for advertisement.)

Mar.18	Furniture A/c	Dr.	50,000
	Input CGST A/c	Dr.	4,500
	Input SGST A/c	Dr.	4,500
	To Bank A/c			59,000
	(Being Purchased office furniture.)

Mar.25	Printing & Stationery A/c	Dr.	8,000
	Input CGST A/c	Dr.	720
	Input SGST A/c	Dr.	720
	To Cash A/c			9,440
	(Being Paid for printing and stationery .)

Mar.31	Output CGST A/c	Dr.	53,820
	Output SGST A/c	Dr.	53,820
	To Input CGST A/c			53,820
	To Input SGST A/c			53,820
	(Being Input tax credit availed.)

Mar.31	Output CGST A/c	Dr.	18,180
	Output SGST A/c	Dr.	18,180
	To Bank A/c			36,360
	(Being Balance tax paid to government.)

D.K Goal +1 New ISC Accountancy Solutions Chapter No 6 - Accounting For Goods and Services Tax(GST)

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💡 Double Entry Accounting Principles

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Table of Contents

Question No 01 Chapter No 6 - D.K Goal Class 11

The solution of Question No 01 Chapter No 6: -

D K Goel – New ISC Accountancy -(Class 11 - ICSE)- Solution

Question No 02 Chapter No 6 - D.K Goal Class 11

Question No 03 Chapter No 6 - D.K Goal Class 11

Question No 04 Chapter No 6 - D.K Goal Class 11

Question No 05 Chapter No 6 - D.K Goal Class 11

Question No 06 Chapter No 6 - D.K Goal Class 11

Question No 07 Chapter No 6 - D.K Goal Class 11

Question No 08 Chapter No 6 - D.K Goal Class 11

Question No 09 Chapter No 6 - D.K Goal Class 11

Question No 10 Chapter No 6 - D.K Goal Class 11

Sarbjit SinghB.Com and M.Com

2018
Mar.4	Purchased goods for 5,00,000 from Mehta Bros.
Mar.10	Sold goods for 8,00,000 to Munjal & Co.
Mar.15	Paid for advertisement 40,000 by cheque.
Mar.18	Purchased furniture for office use 50,000 and payment made by cheque.
Mar.25	Purchased furniture for office use 50,000 and payment made by cheque.
Mar.31	Purchased furniture for office use 50,000 and payment made by cheque.