Class 11-commerce T S GREWAL Solutions Accountancy Chapter 9: Ledger
Ledger Exercise 9.25
Solution PQ 1
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Journal |
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Date |
Particular |
|
L.F. |
Dr. Rs. |
Cr. Rs. |
2019 |
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|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
50,000 |
|
|
--------To Capital A/c |
|
|
|
50,000 |
|
(Being commenced business with cash) |
|
|
|
|
|
|
|
|
|
|
April 03 |
Purchase A/c |
Dr. |
|
20,000 |
|
|
--------To Rita A/c |
|
|
|
20,000 |
|
(Being goods purchase on credit) |
|
|
|
|
|
|
|
|
|
|
April 04 |
Rita A/c |
Dr. |
|
10,000 |
|
|
--------To Cash A/c |
|
|
|
10,000 |
|
(Being paid to Rita) |
|
|
|
|
|
|
|
|
|
|
April 06 |
Rohit A/c |
Dr. |
|
25,000 |
|
|
--------To Sales A/c |
|
|
|
25,000 |
|
(Being goods sold to Rohit on credit) |
|
|
|
|
|
|
|
|
|
|
April 08 |
Cash A/c |
Dr. |
|
20,000 |
|
|
--------To Rohit A/c |
|
|
|
20,000 |
|
(Being Cash received from Rohit ) |
|
|
|
|
|
|
|
|
|
|
April 12 |
Purchase A/c |
Dr. |
|
12,000 |
|
|
--------To Rita A/c |
|
|
|
12,000 |
|
(Being goods purchase on credit) |
|
|
|
|
|
|
|
|
|
|
April 18 |
Rita A/c |
Dr. |
|
20,000 |
|
|
--------To Cash A/c |
|
|
|
20,000 |
|
(Being paid to Rita) |
|
|
|
|
|
|
|
|
|
|
April 25 |
Rohit A/c |
Dr. |
|
10,000 |
|
|
--------To Sales A/c |
|
|
|
10,000 |
|
(Being goods sold to Rohit) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Cash A/c |
Dr. |
|
6,000 |
|
|
--------To Rohit A/c |
|
|
|
6,000 |
|
(Being Cash received from Rohit ) |
|
|
|
|
Ledgers |
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Cash Account |
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Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 1 |
To Capital A/c |
|
50,000 |
April 4 |
By Rita A/c |
|
10,000 |
April 8 |
To Rohit's A/c |
|
20,000 |
April 18 |
By Rita A/c |
|
20,000 |
April 30 |
To Rohit's A/c |
|
6,000 |
April 30 |
By Balance c/d |
|
46,000 |
|
|
|
76,000 |
|
|
|
76,000 |
|
|
|
|
|
|
|
|
May 1 |
To Balance b/d |
|
46,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Capital Account |
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Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
50,000 |
April 1 |
By Cash A/c |
|
50,000 |
|
|
|
50,000 |
|
|
|
50,000 |
|
|
|
|
|
|
|
|
|
|
|
|
May 1 |
By Balance b/d |
|
50,000 |
|
|
|
|
|
|
|
|
Purchase Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 3 |
To Rita's A/c |
|
20,000 |
April 30 |
By Balance c/d |
|
32,000 |
April 12 |
To Rita's A/c |
|
12,000 |
|
|
|
|
|
|
|
32,000 |
|
|
|
32,000 |
|
|
|
|
|
|
|
|
May 1 |
To Balance b/d |
|
32,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Rita's Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 4 |
To Cash A/c |
|
10,000 |
April 3 |
By Purchase A/c |
|
20,000 |
April 18 |
To Cash A/c |
|
20,000 |
April 12 |
By Purchase A/c |
|
12,000 |
April 30 |
To Balance c/d |
|
2,000 |
|
|
|
|
|
|
|
32,000 |
|
|
|
32,000 |
|
|
|
|
|
|
|
|
|
|
|
|
May 1 |
By Balance b/d |
|
2,000 |
|
|
|
|
|
|
|
|
Rohit's Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 6 |
To Sales A/c |
|
25,000 |
April 8 |
By Cash A/c |
|
20,000 |
April 25 |
To Sales A/c |
|
10,000 |
April 30 |
By Cash A/c |
|
6,000 |
|
|
|
|
April 30 |
By Balance c/d |
|
9,000 |
|
|
|
35,000 |
|
|
|
35,000 |
|
|
|
|
|
|
|
|
May 1 |
To Balance b/d |
|
9,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Sales Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
35,000 |
April 6 |
By Rohit's A/c |
|
25,000 |
|
|
|
|
April 25 |
By Rohit's A/c |
|
10,000 |
|
|
|
35,000 |
|
|
|
35,000 |
|
|
|
|
|
|
|
|
|
|
|
|
May 1 |
By Balance b/d |
|
35,000 |
|
|
|
|
|
|
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|
Solution PQ 2
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs.) |
Credit Amount (Rs.) |
|
2019 |
|
|
|
|
|
Jan 01 |
Cash A/c |
Dr. |
|
1,00,000 |
|
|
To Capital A/c |
|
|
|
1,00,000 |
|
(Started business with cash) |
|
|
|
|
|
|
|
|
|
|
Jan 02 |
Purchases A/c |
Dr. |
|
20,000 |
|
|
To Cash A/c |
|
|
|
20,000 |
|
(Goods purchased) |
|
|
|
|
|
|
|
|
|
|
Jan 03 |
Cash A/c |
Dr. |
|
7,000 |
|
|
To Sales A/c |
|
|
|
7,000 |
|
(Goods sold) |
|
|
|
|
|
|
|
|
|
|
Jan 15 |
Shravan A/c |
Dr. |
|
6,000 |
|
|
To Sales A/c |
|
|
|
6,000 |
|
(Goods sold) |
|
|
|
|
|
|
|
|
|
|
Jan 18 |
Purchases A/c |
Dr. |
|
50,000 |
|
|
To Anurag A/c |
|
|
|
50,000 |
|
(Goods purchased on credit) |
|
|
|
|
|
|
|
|
|
|
Jan 19 |
Anurag A/c |
Dr. |
|
5,000 |
|
|
To Purchases Return A/c |
|
|
|
5,000 |
|
(Goods returned) |
|
|
|
|
|
|
|
|
|
|
Jan 20 |
Cash A/c |
Dr. |
|
30,000 |
|
|
To Sales A/c |
|
|
|
30,000 |
|
(Goods sold) |
|
|
|
|
|
|
|
|
|
|
Jan 22 |
Electricity Expenses A/c |
Dr. |
|
1,000 |
|
|
To Cash A/c |
|
|
|
1,000 |
|
(Paid electricity bill) |
|
|
|
|
|
|
|
|
|
|
Jan 28 |
Telephone Expenses A/c |
Dr. |
|
500 |
|
|
To Cash A/c |
|
|
|
500 |
|
(Paid telephone bill) |
|
|
|
|
|
|
|
|
|
|
Jan 29 |
Rent A/c |
Dr. |
|
800 |
|
|
To Cash A/c |
|
|
|
800 |
|
(Paid rent) |
|
|
|
|
|
|
|
|
|
|
Jan 31 |
Wages A/c |
Dr. |
|
3,000 |
|
|
To Cash A/c |
|
|
|
3,000 |
|
(Paid wages) |
|
|
|
|
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Jan 01 |
Capital A/c |
|
1,00,000 |
Jan 02 |
Purchases A/c |
|
20,000 |
||
Jan 03 |
Sales A/c |
|
7,000 |
Jan 22 |
Electricity Expenses A/c |
|
1,000 |
||
Jan 20 |
Sales A/c |
|
30,000 |
Jan 28 |
Telephone Expenses A/c |
|
500 |
||
|
|
|
|
Jan 29 |
Rent A/c |
|
800 |
||
|
|
|
|
Jan 31 |
Wages A/c |
|
3,000 |
||
|
|
|
|
Jan 31 |
Balance c/d |
|
1,11,700 |
||
|
|
|
1,37,000 |
|
|
|
1,37,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Jan 02 |
Cash A/c |
|
20,000 |
Jan 31 |
Balance c/d |
|
70,000 |
||
Jan 18 |
Anurag A/c |
|
50,000 |
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
70,000 |
|
|
|
70,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Return Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Jan 31 |
Balance c/d |
|
5,000 |
Jan 19 |
Anurag A/c |
|
5,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
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|
|
|
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||
|
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|
5,000 |
|
|
|
5,000 |
||
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|
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|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Jan 31 |
Balance c/d |
|
43,000 |
Jan 03 |
Cash A/c |
|
7,000 |
||
|
|
|
|
Jan 15 |
Shravan A/c |
|
6,000 |
||
|
|
|
|
Jan 20 |
Cash A/c |
|
30,000 |
||
|
|
|
43,000 |
|
|
|
43,000 |
||
|
|
|
|
|
|
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|
||
Wages Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Jan 31 |
Cash A/c |
|
3,000 |
Jan 31 |
Balance c/d |
|
3,000 |
||
|
|
|
|
|
|
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||
|
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|
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||
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|
3,000 |
|
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|
3,000 |
||
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|
|
|
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|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Jan 29 |
Cash A/c |
|
800 |
Jan 31 |
Balance c/d |
|
800 |
||
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
800 |
|
|
|
800 |
||
|
|
|
|
|
|
|
|
||
Electricity Expenses Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Jan 22 |
Cash A/c |
|
1,000 |
Jan 31 |
Balance c/d |
|
1,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Telephone Expenses Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Jan 28 |
Cash A/c |
|
500 |
Jan 31 |
Balance c/d |
|
500 |
||
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
500 |
|
|
|
500 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Jan 01 |
Cash A/c |
|
1,00,000 |
Jan 31 |
Balance c/d |
|
1,00,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
1,00,000 |
|
|
|
1,00,000 |
||
|
|
|
|
|
|
|
|
||
Anurag Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (`) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Jan 19 |
Purchases Return A/c |
|
5,000 |
Jan 18 |
Purchases A/c |
|
50,000 |
||
Jan 31 |
Balance c/d |
|
45,000 |
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
50,000 |
|
|
|
50,000 |
||
|
|
|
|
|
|
|
|
||
Shravan Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Jan 15 |
Sales A/c |
|
6,000 |
Jan 31 |
Balance c/d |
|
6,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
6,000 |
|
|
|
6,000 |
||
|
|
|
|
|
|
|
|
||
Ledger Exercise 9.26
Solution PQ 3
Books of Afzal |
|||||
Journal |
|||||
Date |
Particulars |
|
L.F. |
Dr. Rs. |
Cr. Rs. |
2019 |
|
|
|
|
|
01 Jan |
Cash A/c |
Dr. |
|
1,00,000 |
|
|
--------To Capital A/c |
|
|
|
1,00,000 |
|
(Being commenced business with cash) |
|
|
|
|
|
|
|
|
|
|
03 Jan |
Purchase A/c |
Dr. |
|
20,000 |
|
|
--------To Gupta and Co. A/c |
|
|
|
20,000 |
|
(Being goods purchased from Gupta and Co. on credit) |
|
|
|
|
|
|
|
|
|
|
05 Jan |
Cash A/c |
Dr. |
|
5,000 |
|
|
--------To Sales A/c |
|
|
|
5,000 |
|
(Being goods sold for cash) |
|
|
|
|
|
|
|
|
|
|
08 Jan |
Purchase A/c |
Dr. |
|
8,000 |
|
|
--------To Cash A/c |
|
|
|
8,000 |
|
(Being goods purchased in cash) |
|
|
|
|
|
|
|
|
|
|
10 Jan |
Ahmed and Co. A/c |
Dr. |
|
10,000 |
|
|
--------To Sales A/c |
|
|
|
10,000 |
|
(Being goods sold to Ahmed and Co. on credit) |
|
|
|
|
|
|
|
|
|
|
11 Jan |
Bank A/c |
Dr. |
|
50,000 |
|
|
--------To Cash A/c |
|
|
|
50,000 |
|
(Being money deposited in bank) |
|
|
|
|
|
|
|
|
|
|
13 Jan |
Computers A/c |
Dr. |
|
20,000 |
|
|
--------To Cash A/c |
|
|
|
20,000 |
|
(Being computers purchased for cash) |
|
|
|
|
|
|
|
|
|
|
15 Jan |
Cash A/c |
Dr. |
|
70,000 |
|
|
--------To Loan (from Mehboob) A/c |
|
|
|
70,000 |
|
(Being loan taken from mehaboob) |
|
|
|
|
|
|
|
|
|
|
16 Jan |
Sales Return A/c |
Dr. |
|
2,000 |
|
|
--------To Ahmed and Co. A/c |
|
|
|
2,000 |
|
(Being goods return by Ahmed and Co.,) |
|
|
|
|
|
|
|
|
|
|
17 Jan |
Furniture A/c |
Dr. |
|
10,000 |
|
|
--------To Mehfil Mart A/c |
|
|
|
10,000 |
|
(Being furniture bought from Mehfil Mart) |
|
|
|
|
|
|
|
|
|
|
18 Jan |
Interest on Mehboob Loan A/c |
Dr. |
|
2,000 |
|
|
--------To Cash A/c |
|
|
|
2,000 |
|
(Being paid interest on loan) |
|
|
|
|
|
|
|
|
|
|
19 Jan |
Claim for Defect in Goods A/c |
Dr. |
|
1,000 |
|
|
--------To Ahmed and Co. A/c |
|
|
|
1,000 |
|
(Being due to insurance claim) |
|
|
|
|
|
|
|
|
|
|
22 Jan |
Rent A/c |
Dr. |
|
2,000 |
|
|
--------To Bank A/c |
|
|
|
2,000 |
|
(Being amount paid as rent) |
|
|
|
|
|
|
|
|
|
|
24 Jan |
Cash A/c |
Dr. |
|
20,000 |
|
|
--------To Bank A/c |
|
|
|
20,000 |
|
(Being cash withdrawn from bank) |
|
|
|
|
|
|
|
|
|
|
25 Jan |
Cash A/c |
Dr. |
|
9,000 |
|
|
--------To Sales A/c |
|
|
|
9,000 |
|
(Being goods sold for cash) |
|
|
|
|
|
|
|
|
|
|
26 Jan |
Loss by Accident A/c |
Dr. |
|
10,000 |
|
|
--------To Purchases A/c |
|
|
|
10,000 |
|
(Being goods lost by accident) |
|
|
|
|
|
|
|
|
|
|
27 Jan |
Advertisement A/c |
Dr. |
|
5,000 |
|
|
--------To Bank A/c |
|
|
|
5,000 |
|
(Being advertisements expenses paid) |
|
|
|
|
|
|
|
|
|
|
28 Jan |
Bank A/c |
Dr. |
|
7,000 |
|
|
--------To Ahmed and Co. A/c |
|
|
|
8,000 |
|
(Being received payment) |
|
|
|
|
|
|
|
|
|
|
29 Jan |
Gupta and Co. A/c |
Dr. |
|
20,000 |
|
|
--------To Bank A/c |
|
|
|
18,000 |
|
--------To Discount Received A/c |
|
|
|
2,000 |
|
(Being paid payment) |
|
|
|
|
|
|
|
|
|
|
31 Jan |
Cash A/c |
Dr. |
|
500 |
|
|
--------To Sundry Income A/c |
|
|
|
500 |
|
(Being amount received by sale of newspapers) |
|
|
|
|
|
|
|
|
|
|
Ledger |
|||||||
Cash Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
01 Jan |
To Capital b/d |
|
1,00,000 |
08 Jan |
By Purchase A/c |
|
8,000 |
05 Jan |
To Sales A/c |
|
5,000 |
11 Jan |
By Bank A/c |
|
50,000 |
15 Jan |
To Loan from Mehboob A/c |
|
70,000 |
13 Jan |
By Computer A/c |
|
20,000 |
24 Jan |
To Bank A/c |
|
20,000 |
18 Jan |
By Interest on meheboob Loan A/c |
|
2,000 |
25 Jan |
To Sales A/c |
|
9,000 |
|
|
|
|
31 Jan |
To Sundry Income A/c |
|
500 |
|
|
|
|
|
|
|
|
31 Jan |
By Balance c/d |
|
1,24,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,04,500 |
|
|
|
2,04,500 |
|
|
|
|
|
|
|
|
01 Feb |
To Balance b/d |
|
1,24,500 |
|
|
|
|
|
|
|
|
|
|
|
|
Purchase Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
03 Jan |
To Gupta and Co. A/c |
|
20,000 |
26 Jan |
By Loss by Accident A/c |
|
10,000 |
08 Jan |
To Cash A/c |
|
8,000 |
31 Jan |
By Balance c/d |
|
8,000 |
|
|
|
28,000 |
|
|
|
28,000 |
|
|
|
|
|
|
|
|
01 Feb |
To Balance b/d |
|
8,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Capital Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
31 Jan |
To Balance c/d |
|
1,00,000 |
01 Jan |
By Cash A/c |
|
1,00,000 |
|
|
|
|
|
|
|
|
|
|
|
1,00,000 |
|
|
|
1,00,000 |
|
|
|
|
|
|
|
|
|
|
|
|
01 Feb |
By Balance b/d |
|
1,00,000 |
|
|
|
|
|
|
|
|
Sales Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
31 Jan |
To Balance c/d |
|
24,000 |
05 Jan |
By Cash A/c |
|
5,000 |
|
|
|
|
10 Jan |
By Ahmed and Co. A/c |
|
10,000 |
|
|
|
|
25 Jan |
By Cash A/c |
|
9,000 |
|
|
|
24,000 |
|
|
|
24,000 |
|
|
|
|
|
|
|
|
|
|
|
|
01 Feb |
By Balance b/d |
|
24,000 |
|
|
|
|
|
|
|
|
Gupta and Co. Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
29 Jan |
To Bank A/c |
|
18,000 |
03 Jan |
By Purchase A/c |
|
20,000 |
29 Jan |
To Discount Received A/c |
|
2,000 |
|
|
|
|
|
|
|
20,000 |
|
|
|
20,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ahmed and Co. Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
10 Jan |
To Sales A/c |
|
10,000 |
16 Jan |
By Sales Return A/c |
|
2,000 |
|
|
|
|
19 Jan |
By Claim against Defects A/c |
|
1,000 |
|
|
|
|
28 Jan |
By Bank A/c |
|
7,000 |
|
|
|
11,200 |
|
|
|
11,200 |
Bank Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
11 Jan |
To Cash A/c |
|
50,000 |
22 Jan |
By Rent A/c |
|
2,000 |
28 Jan |
To Ahmed and Co. A/c |
|
7,000 |
24 Jan |
By Cash A/c |
|
20,000 |
|
|
|
|
27 Jan |
By Advertisement A/c |
|
5,000 |
|
|
|
|
29 Jan |
By Gupta and Co. A/c |
|
18,000 |
|
|
|
|
31 Jan |
By Balance c/d |
|
12,000 |
|
|
|
57,000 |
|
|
|
57,000 |
|
|
|
|
|
|
|
|
01 Feb |
To Balance b/d |
|
12,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Computers Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
13 Jan |
To Cash A/c |
|
20,000 |
31 Jan |
By Balance c/d |
|
20,000 |
|
|
|
20,000 |
|
|
|
20,000 |
|
|
|
|
|
|
|
|
01 Feb |
To Balance b/d |
|
20,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Loan from Mehboob Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
31 Jan |
To Balance c/d |
|
70,000 |
15 Jan |
By Cash A/c |
|
70,000 |
|
|
|
70,000 |
|
|
|
70,000 |
|
|
|
|
|
|
|
|
|
|
|
|
01 Feb |
By Balance b/d |
|
70,000 |
|
|
|
|
|
|
|
|
Defect in Goods A/c |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
19 Jan |
To Ahmed and Co. A/c |
|
1,000 |
31 Jan |
By Balance c/d |
|
1,000 |
|
|
|
1,000 |
|
|
|
1,000 |
|
|
|
|
|
|
|
|
01 Feb |
To Balance b/d |
|
1,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Rent Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
22 Jan |
To Bank A/c |
|
2,000 |
31 Jan |
By Balance c/d |
|
2,000 |
|
|
|
2,000 |
|
|
|
2,000 |
|
|
|
|
|
|
|
|
01 Feb |
To Balance b/d |
|
2,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Loss by Accident Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
26 Jan |
To Purchases A/c |
|
10,000 |
31 Jan |
By Balance c/d |
|
10,000 |
|
|
|
10,000 |
|
|
|
10,000 |
|
|
|
|
|
|
|
|
01 Feb |
To Balance b/d |
|
10,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Advertisement Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
27 Jan |
To Bank A/c |
|
5,000 |
31 Jan |
By Balance c/d |
|
5,000 |
|
|
|
5,000 |
|
|
|
5,000 |
|
|
|
|
|
|
|
|
01 Feb |
To Balance b/d |
|
5,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Sales Returns Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
16 Jan |
To Ahmed and Co. A/c |
|
2,000 |
31 Jan |
By Balance c/d |
|
2,000 |
|
|
|
2,000 |
|
|
|
2,000 |
|
|
|
|
|
|
|
|
01 Feb |
To Balance b/d |
|
2,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Furniture Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
17 Jan |
To Mehfil Mart A/c |
|
10,000 |
31 Jan |
By Balance c/d |
|
10,000 |
|
|
|
10,000 |
|
|
|
10,000 |
|
|
|
|
|
|
|
|
01 Feb |
To Balance b/d |
|
10,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Mehfil Mart Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
31 Jan |
To Balance c/d |
|
10,000 |
17 Jan |
By Furniture A/c |
|
10,000 |
|
|
|
10,000 |
|
|
|
10,000 |
|
|
|
|
|
|
|
|
|
|
|
|
01 Feb |
By Balance b/d |
|
10,000 |
|
|
|
|
|
|
|
|
Interest on Mehboob's Loan Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
18 Jan |
To Cash A/c |
|
2,000 |
31 Jan |
By Balance c/d |
|
2,000 |
|
|
|
2,000 |
|
|
|
2,000 |
|
|
|
|
|
|
|
|
01 Feb |
To Balance b/d |
|
2,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Discount Received Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
31 Jan |
To Balance c/d |
|
2,000 |
29 Jan |
By Gupta and Co. A/c |
|
2,000 |
|
|
|
2,000 |
|
|
|
2,000 |
|
|
|
|
|
|
|
|
|
|
|
|
01 Feb |
By Balance b/d |
|
2,000 |
|
|
|
|
|
|
|
|
Sundry Incomes Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
31 Jan |
To Balance c/d |
|
500 |
31 Jan |
By Cash A/c |
|
500 |
|
|
|
500 |
|
|
|
500 |
|
|
|
|
|
|
|
|
|
|
|
|
01 Feb |
By Balance b/d |
|
500 |
|
|
|
|
|
|
|
|
Solution PQ 4
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Rs. |
Credit Rs. |
|
2019 |
|
|
|
|
|
Apr 01 |
Cash A/c |
Dr. |
|
1,50,000 |
|
|
To Capital A/c |
|
|
|
1,50,000 |
|
(Started business with cash) |
|
|
|
|
|
|
|
|
|
|
Apr 02 |
Bank A/c |
Dr. |
|
50,000 |
|
|
To Cash A/c |
|
|
|
50,000 |
|
(Opened Bank A/c) |
|
|
|
|
|
|
|
|
|
|
Apr 03 |
Furniture A/c |
Dr. |
|
20,000 |
|
|
To Cash A/c |
|
|
|
20,000 |
|
(Furniture purchased) |
|
|
|
|
|
|
|
|
|
|
Apr 07 |
Purchases A/c |
Dr. |
|
30,000 |
|
|
To Cash A/c |
|
|
|
30,000 |
|
(Goods purchased for cash) |
|
|
|
|
|
|
|
|
|
|
Apr 08 |
Purchases A/c |
Dr. |
|
42,000 |
|
|
To M/s Hema Traders A/c |
|
|
|
42,000 |
|
(Goods purchased) |
|
|
|
|
|
|
|
|
|
|
Apr 10 |
Cash A/c |
Dr. |
|
30,000 |
|
|
To Sales A/c |
|
|
|
30,000 |
|
(Goods sold) |
|
|
|
|
|
|
|
|
|
|
Apr 14 |
M/s Gupta Traders A/c |
Dr. |
|
12,000 |
|
|
To Sales A/c |
|
|
|
12,000 |
|
(Goods sold) |
|
|
|
|
|
|
|
|
|
|
Apr 16 |
Rent A/c |
Dr. |
|
4,000 |
|
|
To Cash A/c |
|
|
|
4,000 |
|
(Rent paid) |
|
|
|
|
|
|
|
|
|
|
Apr 18 |
Electricity Expenses A/c |
Dr. |
|
1,000 |
|
|
To Cash A/c |
|
|
|
1,000 |
|
(Paid electricity expenses) |
|
|
|
|
|
|
|
|
|
|
Apr 20 |
Cash A/c |
Dr. |
|
12,000 |
|
|
To Gupta Traders A/c |
|
|
|
12,000 |
|
(Cash received from Gupta Traders) |
|
|
|
|
|
|
|
|
|
|
Apr 22 |
Hema Traders A/c |
Dr. |
|
2,240 |
|
|
To Purchases Return A/c |
|
|
|
2,000 |
|
(Goods returned) |
|
|
|
|
|
|
|
|
|
|
Apr 23 |
Hema Traders A/c |
Dr. |
|
40,000 |
|
|
To Cash A/c |
|
|
|
40,000 |
|
(Cash paid) |
|
|
|
|
|
|
|
|
|
|
Apr 25 |
Postage A/c |
Dr. |
|
100 |
|
|
To Cash A/c |
|
|
|
100 |
|
(Bought postage stamps) |
|
|
|
|
|
|
|
|
|
|
Apr 30 |
Salary A/c |
Dr. |
|
4,000 |
|
|
To Cash A/c |
|
|
|
4,000 |
|
(Paid salary) |
|
|
|
|
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Apr 01 |
Capital A/c |
|
1,50,000 |
Apr 02 |
Bank A/c |
|
50,000 |
||
Apr 10 |
Sales A/c |
|
30,000 |
Apr 03 |
Furniture A/c |
|
20,000 |
||
Apr 20 |
Gupta Traders A/c |
|
12,000 |
Apr 07 |
Purchases A/c |
|
30,000 |
||
|
|
|
|
Apr 16 |
Rent A/c |
|
4,000 |
||
|
|
|
|
Apr 18 |
Electricity Expenses A/c |
|
1,000 |
||
|
|
|
|
Apr 23 |
Hema Traders A/c |
|
40,000 |
||
|
|
|
|
Apr 25 |
Postage A/c |
|
100 |
||
|
|
|
|
Apr 30 |
Salary A/c |
|
4,000 |
||
|
|
|
|
Apr 30 |
Balance c/d |
|
42,900 |
||
|
|
|
1,92,000 |
|
|
|
1,92,000 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (`) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Apr 02 |
Cash A/c |
|
50,000 |
Apr 30 |
Balance c/d |
|
50,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
50,000 |
|
|
|
50,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Apr 07 |
Cash A/c |
|
30,000 |
Apr 30 |
Balance c/d |
|
72,000 |
||
Apr 08 |
M/s Hema Traders A/c |
|
42,000 |
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
72,000 |
|
|
|
72,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Return Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Apr 30 |
Balance c/d |
|
2,000 |
Apr 22 |
Hema Traders A/c |
|
2,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
2,000 |
|
|
|
2,000 |
||
|
|
|
|
|
|
|
|
||
Hema Traders Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Apr 22 |
Purchases Return A/c |
|
2,000 |
Apr 08 |
Purchases |
|
42,000 |
||
Apr 23 |
Cash A/c |
|
40,000 |
|
|
|
|
||
|
|
|
42,000 |
|
|
|
42,000 |
||
|
|
|
|
|
|
|
|
||
Furniture Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Apr 03 |
Cash A/c |
|
20,000 |
Apr 30 |
Balance c/d |
|
20,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
20,000 |
|
|
|
20,000 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Apr 30 |
Balance c/d |
|
42,000 |
Apr 10 |
Cash A/c |
|
30,000 |
||
|
|
|
|
Apr 14 |
Gupta Traders A/c |
|
12,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
42,000 |
|
|
|
42,000 |
||
|
|
|
|
|
|
|
|
||
Gupta Traders Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Apr 14 |
Sales A/c |
|
12,000 |
Apr 20 |
Cash A/c |
|
12,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
13,440 |
|
|
|
13,440 |
||
|
|
|
|
|
|
|
|
||
Salary Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Apr 30 |
Cash A/c |
|
4,000 |
Apr 30 |
Balance c/d |
|
4,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Apr 16 |
Cash A/c |
|
4,000 |
Apr 30 |
Balance c/d |
|
4,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Electricity Expenses Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Apr 18 |
Cash A/c |
|
1,000 |
Apr 30 |
Balance c/d |
|
1,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Postage Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Apr 25 |
Cash A/c |
|
100 |
Apr 30 |
Balance c/d |
|
100 |
||
|
|
|
|
|
|
|
|
||
|
|
|
100 |
|
|
|
100 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs.) |
Date |
Particulars |
J.F. |
Amount (Rs.) |
||
Apr 01 |
Cash A/c |
|
1,50,000 |
Apr 30 |
Balance c/d |
|
1,50,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
1,50,000 |
|
|
|
1,50,000 |
||
|
|
|
|
|
|
|
|
||
Ledger Exercise 9.27
Solution PQ 5
Books of M/s Gupta Brothers, Delhi |
|||||
Journal |
|||||
Date |
Particulars |
|
L.F. |
Dr. Rs. |
Cr. Rs. |
2019 |
|
|
|
|
|
Mar 01 |
Cash A/c |
Dr. |
|
2,00,000 |
|
|
--------To Capital A/c |
|
|
|
2,00,000 |
|
(Being started business with cash) |
|
|
|
|
|
|
|
|
|
|
Mar 02 |
Bank A/c |
Dr. |
|
80,000 |
|
|
--------To Cash A/c |
|
|
|
80,000 |
|
(Being bank account opened with SBI) |
|
|
|
|
|
|
|
|
|
|
Mar 04 |
Purchase A/c |
Dr. |
|
22,000 |
|
|
--------To Raj A/c |
|
|
|
22,000 |
|
(Being goods purchased from Raj) |
|
|
|
|
|
|
|
|
|
|
Mar 05 |
Purchase A/c |
Dr. |
|
30,000 |
|
|
--------To Cash A/c |
|
|
|
30,000 |
|
(Being goods purchased for cash) |
|
|
|
|
|
|
|
|
|
|
Mar 08 |
Naman A/c |
Dr. |
|
12,000 |
|
|
--------To Sales A/c |
|
|
|
12,000 |
|
(Being good sold to Naman) |
|
|
|
|
|
|
|
|
|
|
Mar 10 |
Raj A/c |
Dr. |
|
22,000 |
|
|
--------To Cash A/c |
|
|
|
22,000 |
|
(Being cash paid to raj) |
|
|
|
|
|
|
|
|
|
|
Mar 15 |
Cash A/c |
Dr. |
|
11,700 |
|
|
Discount Allowed A/c |
Dr. |
|
300 |
|
|
--------To Naman A/c |
|
|
|
12,000 |
|
(Being cash received from Naman and discount allowed ) |
|
|
|
|
|
|
|
|
|
|
Mar 16 |
Wages A/c |
Dr. |
|
200 |
|
|
--------To Cash A/c |
|
|
|
200 |
|
(Being paid wages) |
|
|
|
|
|
|
|
|
|
|
Mar 18 |
Furniture A/c |
Dr. |
|
5,000 |
|
|
--------To Cash A/c |
|
|
|
5,000 |
|
(Being furniture purchased for office use) |
|
|
|
|
|
|
|
|
|
|
Mar 20 |
Drawings A/c |
Dr. |
|
4,000 |
|
|
--------To Bank A/c |
|
|
|
4,000 |
|
(Being withdrawn from bank for personal use) |
|
|
|
|
|
|
|
|
|
|
Mar 22 |
Rent A/c |
Dr. |
|
3,000 |
|
|
--------To Bank A/c |
|
|
|
3,000 |
|
(Being rent paid through cheque) |
|
|
|
|
|
|
|
|
|
|
Mar 23 |
Drawings A/c |
Dr. |
|
2,000 |
|
|
--------To Purchase A/c |
|
|
|
2,000 |
|
(Being goods taken for personal use) |
|
|
|
|
|
|
|
|
|
|
Mar 24 |
Cash A/c |
Dr. |
|
6,000 |
|
|
--------To Bank A/c |
|
|
|
6,000 |
|
(Being cash withdrawn from bank) |
|
|
|
|
|
|
|
|
|
|
Mar 26 |
Cash A/c |
Dr. |
|
1,000 |
|
|
--------To Commission A/c |
|
|
|
1,000 |
|
(Being cash received for commission) |
|
|
|
|
|
|
|
|
|
|
Mar 27 |
Bank Charges A/c |
Dr. |
|
300 |
|
|
--------To Bank A/c |
|
|
|
300 |
|
(Being bank charges paid) |
|
|
|
|
|
|
|
|
|
|
Mar 28 |
Insurance Premium A/c |
Dr. |
|
3,000 |
|
|
--------To Bank A/c |
|
|
|
3,000 |
|
(Being insurance premium paid) |
|
|
|
|
|
|
|
|
|
|
Mar 29 |
Salary A/c |
Dr. |
|
10,000 |
|
|
--------To Cash A/c |
|
|
|
10,000 |
|
(Being paid salary) |
|
|
|
|
|
|
|
|
|
|
Mar 30 |
Cash A/c |
Dr. |
|
20,000 |
|
|
--------To Sales A/c |
|
|
|
20,000 |
|
(Being sold goods for cash, Paid CGST and SGST 6% each) |
|
|
|
|
Ledger |
|||||||
Cash Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
L.F. |
Rs. |
Date |
Particulars |
L.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 01 |
To Capital A/c |
|
2,00,000 |
March 02 |
By Bank A/c |
|
80,000 |
March 15 |
To Naman A/c |
|
11,700 |
March 05 |
By Purchase A/c |
|
30,000 |
March 24 |
To Bank A/c |
|
6,000 |
March 10 |
By Raj A/c |
|
22,000 |
March 26 |
To Commission A/c |
|
1,000 |
March 16 |
By Wages A/c |
|
200 |
March 30 |
To Sales A/c |
|
20,000 |
March 18 |
By Furniture A/c |
|
5,000 |
|
|
|
|
March 29 |
By Salary A/c |
|
10,000 |
|
|
|
|
March 31 |
By Balance c/d |
|
91,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,38,700 |
|
|
|
2,38,700 |
Bank Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 02 |
To Cash A/c |
|
80,000 |
March 20 |
By Drawings A/c |
|
4,000 |
|
|
|
|
March 22 |
By Rent A/c |
|
3,000 |
|
|
|
|
March 24 |
By Cash A/c |
|
6,000 |
|
|
|
|
March 27 |
By Bank Charges A/c |
|
300 |
|
|
|
|
March 28 |
By Insurance Premium A/c |
|
3,000 |
|
|
|
|
March 31 |
Balance c/d |
|
63,700 |
|
|
|
|
|
|
|
|
|
|
|
80,000 |
|
|
|
80,000 |
Capital Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 31 |
To Balance c/d |
|
2,00,000 |
March 01 |
By Cash A/c |
|
2,00,000 |
|
|
|
|
|
|
|
|
|
|
|
2,00,000 |
|
|
|
2,00,000 |
Purchase Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 04 |
To Raj A/c |
|
22,000 |
March 23 |
By Drawings A/c |
|
2,000 |
March 05 |
To Cash A/c |
|
30,000 |
March 31 |
By Balance c/d |
|
50,000 |
|
|
|
|
|
|
|
|
|
|
|
52,000 |
|
|
|
52,000 |
Raj Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 10 |
To Cash A/c |
|
22,000 |
March 04 |
By Purchase A/c |
|
22,000 |
|
|
|
|
|
|
|
|
|
|
|
22,000 |
|
|
|
22,000 |
Sales Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 31 |
To Balance c/d |
|
32,000 |
March 08 |
By Naman A/c |
|
12,000 |
|
|
|
|
March 30 |
By Cash A/c |
|
20,000 |
|
|
|
32,000 |
|
|
|
32,000 |
Naman Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 08 |
To Sales A/c |
|
12,000 |
March 15 |
By Cash A/c |
|
11,700 |
|
|
|
|
March 15 |
By Discount allowed A/c |
|
300 |
|
|
|
|
|
|
|
|
|
|
|
12,000 |
|
|
|
12,000 |
Discount Allowed Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 15 |
To Naman A/c |
|
300 |
March 31 |
By Balance c/d |
|
300 |
|
|
|
|
|
|
|
|
|
|
|
300 |
|
|
|
300 |
Wages Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 16 |
To Cash A/c |
|
200 |
March 31 |
By Balance c/d |
|
200 |
|
|
|
|
|
|
|
|
|
|
|
200 |
|
|
|
200 |
Furniture Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 18 |
To Cash A/c |
|
5,000 |
March 31 |
By Balance c/d |
|
5,000 |
|
|
|
|
|
|
|
|
|
|
|
5,000 |
|
|
|
5,000 |
Drawings Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 20 |
To Bank A/c |
|
4,000 |
March 31 |
By Balance c/d |
|
6,000 |
March 23 |
To Purchase A/c |
|
2,000 |
|
|
|
|
|
|
|
6,000 |
|
|
|
6,000 |
Commission Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 31 |
To Balance c/d |
|
1,000 |
March 26 |
By Cash A/c |
|
1,000 |
|
|
|
|
|
|
|
|
|
|
|
1,000 |
|
|
|
1,000 |
Bank Charges Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 22 |
To Bank A/c |
|
300 |
March 31 |
By Balance c/d |
|
300 |
|
|
|
300 |
|
|
|
300 |
Rent Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 22 |
To Bank A/c |
|
3000 |
March 22 |
By Balance c/d |
|
3,000 |
|
|
|
3,000 |
|
|
|
3,000 |
Insurance Premium Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 28 |
To Bank A/c |
|
3000 |
March 31 |
By Balance c/d |
|
3,000 |
|
|
|
3,000 |
|
|
|
3,000 |
Salary Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
March 29 |
To Cash A/c |
|
10,000 |
March 31 |
By Balance c/d |
|
10,000 |
|
|
|
10,000 |
|
|
|
10,000 |
Solution PQ 6
Books of Ashok, Delhi |
|||||
Journal |
|||||
Date |
Particulars |
|
L.F. |
Dr. Rs. |
Cr. Rs. |
2019 |
|
|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
50,000 |
|
|
Stock A/c |
Dr. |
|
30,000 |
|
|
Debtors A/c |
Dr. |
|
50,000 |
|
|
Machinery A/c |
Dr. |
|
60,000 |
|
|
--------To Rajesh A/c |
|
|
|
30,000 |
|
--------To Capital A/c (balancing amount) |
|
|
|
1,60,000 |
|
(Being balance brought forward) |
|
|
|
|
|
|
|
|
|
|
April 04 |
Cash A/c |
Dr. |
|
7,840 |
|
|
--------To Sales A/c |
|
|
|
7,000 |
|
--------To Output CGST A/c |
|
|
|
420 |
|
--------To Output SGST A/c |
|
|
|
420 |
|
(Being sold goods for cash, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
April 06 |
Sales Return A/c |
Dr. |
|
1,000 |
|
|
Output CGST A/c |
Dr. |
|
60 |
|
|
Output CGST A/c |
Dr. |
|
60 |
|
|
--------To Ram A/c |
|
|
|
1,120 |
|
(Being goods returned to Ram, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
April 10 |
Purchase A/c |
Dr. |
|
9,000 |
|
|
Input IGST A/c |
Dr. |
|
1,080 |
|
|
--------To Rajesh A/c |
|
|
|
10,080 |
|
(Being bought goods from Rajesh, paid IGST 12%) |
|
|
|
|
|
|
|
|
|
|
April 15 |
Purchase A/c |
Dr. |
|
13,500 |
|
|
Input IGST A/c |
Dr. |
|
1,620 |
|
|
--------To Rakesh A/c |
|
|
|
9,072 |
|
--------To Cash A/c |
|
|
|
5,746 |
|
--------To Discount Received A/c |
|
|
|
302 |
|
(Being bought goods from Rakesh, 40% of price paid immediately and availed 5% cash discount on payment, Paid IGST 12% ) |
|
|
|
|
|
|
|
|
|
|
April 20 |
Rajesh A/c |
Dr. |
|
40,080 |
|
|
--------To Cash A/c |
|
|
|
38,600 |
|
--------To Discount Received A/c |
|
|
|
1,480 |
|
(Being paid Rajesh and discount received) |
|
|
|
|
|
|
|
|
|
|
April 25 |
Drawings A/c |
Dr. |
|
500 |
|
|
--------To Cash A/c |
|
|
|
500 |
|
(Being paid life insurance premium of proprietor) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Cash A/c |
Dr. |
|
2,240 |
|
|
--------To Commission A/c |
|
|
|
2,000 |
|
--------To Output CGST A/c |
|
|
|
120 |
|
--------To Output CGST A/c |
|
|
|
120 |
|
(Being received commission, paid CGST and SGST 6% each) |
|
|
|
|
Ledger |
|||||||
Cash Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 01 |
To Balance b/d |
|
50,000 |
April 15 |
By Purchase A/c |
|
5,746 |
April 04 |
To Sales A/c |
|
7,000 |
April 20 |
By Rajesh A/c |
|
38,600 |
April 04 |
To Output CGST A/c |
|
420 |
April 25 |
By Drawings A/c |
|
500 |
April 04 |
To Output CGST A/c |
|
420 |
April 30 |
By Balance c/d |
|
15,234 |
April 30 |
To Commission A/c |
|
2,000 |
|
|
|
|
April 30 |
To Output CGST A/c |
|
120 |
|
|
|
|
April 30 |
To Output SGST A/c |
|
120 |
|
|
|
|
|
|
|
60,080 |
|
|
|
60,080 |
Capital Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 30 |
To Balance c/d |
|
1,60,000 |
April 01 |
By Balance b/d |
|
1,60,000 |
|
|
|
|
|
|
|
|
|
|
|
1,60,000 |
|
|
|
1,60,000 |
Rakesh Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 30 |
To Balance c/d |
|
9,072 |
April 15 |
By Purchase A/c |
|
9,072 |
|
|
|
|
|
|
|
|
|
|
|
9,072 |
|
|
|
9,072 |
Stock Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 01 |
To Balance b/d |
|
30,000 |
April 30 |
By Balance c/d |
|
30,000 |
|
|
|
|
|
|
|
|
|
|
|
30,000 |
|
|
|
30,000 |
Debtors (Ram, others) Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 01 |
To Balance b/d |
|
50,000 |
April 06 |
By Sales Return A/c |
|
1,000 |
|
|
|
|
April 06 |
By Output CGST A/c |
|
60 |
|
|
|
|
April 06 |
By Output SGST A/c |
|
60 |
|
|
|
|
April 30 |
By Balance c/d |
|
48,880 |
|
|
|
|
|
|
|
|
|
|
|
50,000 |
|
|
|
50,000 |
Machinery Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 01 |
To Balance b/d |
|
60,000 |
April 30 |
By Balance c/d |
|
60,000 |
|
|
|
|
|
|
|
|
|
|
|
60,000 |
|
|
|
60,000 |
Rajesh Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 20 |
To Cash A/c |
|
38,600 |
April 01 |
By Balance b/d |
|
30,000 |
April 20 |
To Discount Received A/c |
|
1,480 |
April 10 |
By Purchase A/c |
|
9,000 |
|
|
|
|
April 10 |
By Input IGST A/c |
|
1,080 |
|
|
|
40,080 |
|
|
|
40,080 |
Sales Return Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 06 |
To Ram A/c |
|
1,000 |
April 30 |
By Balance c/d |
|
1,000 |
|
|
|
1,000 |
|
|
|
1,000 |
Drawings Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 25 |
To Cash A/c |
|
500 |
April 30 |
By Balance c/d |
|
500 |
|
|
|
500 |
|
|
|
5000 |
Commission Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 30 |
To Balance c/d |
|
2,000 |
April 30 |
By Cash A/c |
|
2,000 |
|
|
|
2,000 |
|
|
|
2,000 |
Discount Received A/c |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 30 |
To Balance c/d |
|
1,782 |
April 15 |
By Purchase A/c |
|
302 |
|
|
|
|
April 20 |
By Rajesh A/c |
|
1,480 |
|
|
|
|
|
|
|
|
|
|
|
1,782 |
|
|
|
1,782 |
Purchase Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 10 |
To Rajesh A/c |
|
9,000 |
April 30 |
By Balance c/d |
|
24,120 |
April 15 |
To Rakesh A/c |
|
9,072 |
|
|
|
|
April 15 |
To Cash A/c |
|
5,746 |
|
|
|
|
April 15 |
To Discount Received A/c |
|
302 |
|
|
|
|
|
|
|
24,120 |
|
|
|
24,120 |
Sales Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 30 |
To Balance b/d |
|
7,000 |
April 04 |
By Cash A/c |
|
7,000 |
|
|
|
7,000 |
|
|
|
7,000 |
Input IGST A/c |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 10 |
To Rajesh A/c |
|
1,080 |
April 30 |
By Balance c/d |
|
1,080 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,080 |
|
|
|
1,080 |
Output CGST A/c |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 04 |
To Ram A/c |
|
60 |
April 04 |
By Cash A/c |
|
420 |
|
|
|
|
April 30 |
By Cash A/c |
|
120 |
April 30 |
To Balance c/d |
|
480 |
|
|
|
|
|
|
|
540 |
|
|
|
540 |
Output SGST A/c |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2018 |
|
|
|
2018 |
|
|
|
April 04 |
To Ram A/c |
|
60 |
April 04 |
By Cash A/c |
|
420 |
|
|
|
|
April 30 |
By Cash A/c |
|
120 |
April 30 |
To Balance c/d |
|
480 |
|
|
|
|
|
|
|
540 |
|
|
|
540 |
Trial Balance as on April 30, 2019 |
|||
Particulars |
L.F. |
Dr. Rs. |
Cr. Rs. |
Cash |
|
15,234 |
|
Capital |
|
|
1,60,000 |
Rakesh |
|
|
9,072 |
Stock |
|
30,000 |
|
Debtors |
|
48,880 |
|
Machinery |
|
60,000 |
|
Sales Return |
|
1,000 |
|
Drawings |
|
500 |
|
Commission |
|
|
2,000 |
Discount Received |
|
|
1,782 |
Purchase |
|
24,120 |
|
Sales |
|
|
7,000 |
Input IGST |
|
1,080 |
|
Output CGST |
|
|
480 |
Output SGST |
|
|
480 |
|
|
1,80,814 |
1,80,814 |
Ledger Exercise 9.28
Solution PQ 7
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
300 |
Apr 30 |
Salaries |
|
300 |
||
|
|
|
|
|
|
|
|
||
|
|
|
300 |
|
|
|
300 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
7,000 |
Apr 15 |
Gobind A/c |
|
1,500 |
||
Apr 18 |
Sharma A/c |
|
2,000 |
Apr 20 |
Rent A/c |
|
200 |
||
|
|
|
|
Apr 20 |
Input CGST A/c |
|
12 |
||
|
|
|
|
Apr 20 |
Input SGST A/c |
|
12 |
||
|
|
|
|
Apr 30 |
Balance c/d |
|
7,276 |
||
|
|
|
9,000 |
|
|
|
9,000 |
||
|
|
|
|
|
|
|
|
||
Input CGST Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 02 |
Gobind A/c |
|
54 |
Apr 30 |
Balance c/d |
|
138 |
||
Apr 05 |
Rahul A/c |
|
72 |
|
|
|
|
||
Apr 20 |
Bank A/c |
|
12 |
|
|
|
|
||
|
|
|
138 |
|
|
|
138 |
||
|
|
|
|
|
|
|
|
||
Input SGST Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 02 |
Gobind A/c |
|
54 |
Apr 30 |
Balance c/d |
|
138 |
||
Apr 05 |
Rahul A/c |
|
72 |
|
|
|
|
||
Apr 20 |
Bank A/c |
|
12 |
|
|
|
|
||
|
|
|
138 |
|
|
|
138 |
||
|
|
|
|
|
|
|
|
||
Output IGST Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 30 |
Balance c/d |
|
396 |
Apr 03 |
Sharma A/c |
|
120 |
||
|
|
|
|
Apr 08 |
Zahir A/c |
|
60 |
||
|
|
|
|
Apr 20 |
Sharma A/c |
|
96 |
||
|
|
|
|
Apr 25 |
Zahir A/c |
|
120 |
||
|
|
|
396 |
|
|
|
396 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 02 |
Gobind A/c |
|
900 |
Apr 30 |
Balance c/d |
|
2,100 |
||
Apr 05 |
Rahul A/c |
|
1,200 |
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
2,100 |
|
|
|
2,100 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 30 |
Balance c/d |
|
3,300 |
Apr 03 |
Sharma A/c |
|
1,000 |
||
|
|
|
|
Apr 08 |
Zahir A/c |
|
500 |
||
|
|
|
|
Apr 20 |
Sharma A/c |
|
800 |
||
|
|
|
|
Apr 25 |
Zahir A/c |
|
1,000 |
||
|
|
|
3,300 |
|
|
|
3,300 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
9,700 |
Apr 30 |
Balance c/d |
|
9,700 |
||
|
|
|
|
|
|
|
|
||
|
|
|
9,700 |
|
|
|
9,700 |
||
|
|
|
|
|
|
|
|
||
Salary Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 30 |
Cash A/c |
|
300 |
Apr 30 |
Balance c/d |
|
300 |
||
|
|
|
|
|
|
|
|
||
|
|
|
300 |
|
|
|
300 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 20 |
Bank A/c |
|
200 |
Apr 30 |
Balance c/d |
|
200 |
||
|
|
|
|
|
|
|
|
||
|
|
|
200 |
|
|
|
200 |
||
|
|
|
|
|
|
|
|
||
Discount Allowed Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 18 |
Sharma A/c |
|
50 |
Apr 30 |
Balance c/d |
|
50 |
||
|
|
|
|
|
|
|
|
||
|
|
|
50 |
|
|
|
50 |
||
|
|
|
|
|
|
|
|
||
Bills Payable Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 30 |
Balance c/d |
|
1,000 |
Apr 01 |
Balance b/d |
|
1,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Stock Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
4,000 |
Apr 30 |
Balance c/d |
|
4,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Gobind Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 15 |
Bank A/c |
|
1,500 |
Apr 01 |
Balance b/d |
|
2,000 |
||
Apr 30 |
Balance c/d |
|
1,508 |
Apr 02 |
Purchases A/c |
|
900 |
||
|
|
|
|
Apr 02 |
Input CGST A/c |
|
54 |
||
|
|
|
|
Apr 02 |
Input CGST A/c |
|
54 |
||
|
|
|
|
|
|
|
|
||
|
|
|
3,008 |
|
|
|
3,008 |
||
|
|
|
|
|
|
|
|
||
Zahir Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
800 |
Apr 30 |
Balance c/d |
|
2,480 |
||
Apr 08 |
Sales A/c |
|
500 |
|
|
|
|
||
Apr 08 |
Output IGST A/c |
|
60 |
|
|
|
|
||
Apr 25 |
Sales A/c |
|
1,000 |
|
|
|
|
||
Apr 25 |
Output IGST A/c |
|
120 |
|
|
|
|
||
|
|
|
2,480 |
|
|
|
2,480 |
||
|
|
|
|
|
|
|
|
||
Sharma Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
1,500 |
Apr 18 |
Bank A/c |
|
2,000 |
||
Apr 03 |
Sales A/c |
|
1,000 |
Apr 18 |
Discount Allowed A/c |
|
50 |
||
Apr 03 |
Output IGST A/c |
|
120 |
Apr 30 |
Balance c/d |
|
1,466 |
||
Apr 20 |
Sales A/c |
|
800 |
|
|
|
|
||
Apr 20 |
Output IGST A/c |
|
96 |
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
3,516 |
|
|
|
3,516 |
||
|
|
|
|
|
|
|
|
||
Rahul Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
|
Balance c/d |
|
2,244 |
Apr 01 |
Balance b/d |
|
900 |
||
|
|
|
|
Apr 05 |
Purchases A/c |
|
1,200 |
||
|
|
|
|
Apr 05 |
Input CGST A/c |
|
72 |
||
|
|
|
|
Apr 05 |
Input CGST A/c |
|
72 |
||
|
|
|
2,244 |
|
|
|
2,244 |
||
|
|
|
|
|
|
|
|
||
Trial Balance as on Apr 30, 2018 |
|||
S.No. |
List of Items |
Debit Balances |
Credit Balances |
1 |
Bank |
7,276 |
|
2 |
Input CGST A/c |
138 |
|
3 |
Input SGST A/c |
138 |
|
4 |
Output ISGT A/c |
|
396 |
5 |
Purchases |
2,100 |
|
6 |
Sales |
|
3,300 |
7 |
Capital |
|
9,700 |
8 |
Salary |
300 |
|
9 |
Rent |
200 |
|
10 |
Discount Allowed |
50 |
|
11 |
Bills Payable |
|
1,000 |
12 |
Stock |
4,000 |
|
13 |
Gobind |
|
1,508 |
14 |
Zahir |
2,480 |
|
15 |
Sharma |
1,466 |
|
16 |
Rahul |
|
2,244 |
|
Total |
18,148 |
18,148 |
Solution PQ 8
In the Books of Rajesh Prabhu |
|||||
Journal |
|||||
Date |
Particulars |
|
L.F. |
Dr. Rs. |
Cr. Rs. |
2019 |
|
|
|
|
|
April 01 |
Premises A/c |
Dr. |
|
2,00,000 |
|
|
Delivery Van A/c |
Dr. |
|
50,000 |
|
|
Fixture A/c |
Dr. |
|
5,000 |
|
|
Stock A/c |
Dr. |
|
75,000 |
|
|
Hariharan A/c |
Dr. |
|
30,000 |
|
|
Rajhans A/c |
Dr. |
|
50,000 |
|
|
Bank A/c |
Dr. |
|
45,000 |
|
|
Cash A/c |
Dr. |
|
30,000 |
|
|
--------To Jawahar A/c |
|
|
|
1,00,000 |
|
--------To Vikas A/c |
|
|
|
45,000 |
|
--------To Telephone Expenses Payable A/c |
|
|
|
4,000 |
|
--------To Output CGST A/c |
|
|
|
240 |
|
--------To Output SGST A/c |
|
|
|
240 |
|
--------To Expense Payable A/c |
|
|
|
4,520 |
|
--------To Salaries Payable A/c |
|
|
|
7,000 |
|
--------To Capital A/c (balancing amt.) |
|
|
|
3,24,000 |
|
(Being balance forwarded from last month) |
|
|
|
|
|
|
|
|
|
|
April 01 |
Rent A/c |
Dr. |
|
5,000 |
|
|
Input CGST A/c |
Dr. |
|
300 |
|
|
Input SGST A/c |
Dr. |
|
300 |
|
|
-------To Bank A/c |
|
|
|
5,600 |
|
(Being rent paid by cheque, paid CGST and SGST 6%) |
|
|
|
|
|
|
|
|
|
|
April 02 |
Purchase A/c |
Dr. |
|
30,000 |
|
|
Input IGST A/c (1,800 + 960 + 840) |
Dr. |
|
3,600 |
|
|
--------To Prabhat A/c |
|
|
|
16,800 |
|
--------To Rajan A/c |
|
|
|
8,960 |
|
--------To Passi A/c |
|
|
|
7,840 |
|
(Being goods purchased from Prabhat, Rajhans and Passi, paid IGST 12%) |
|
|
|
|
|
|
|
|
|
|
April 03 |
Rakesh A/c |
Dr. |
|
19,040 |
|
|
Devender A/c |
Dr. |
|
28,000 |
|
|
--------To Sales A/c |
|
|
|
22,000 |
|
--------To Output CGST A/c |
|
|
|
1,020 |
|
--------To Output SGST A/c |
|
|
|
1,020 |
|
--------To Output IGST A/c |
|
|
|
3,000 |
|
(Being sold goods to Rakesh, Devender, Paid IGST 12% and CGST and SGST 6% each) |
|
|
|
|
April 03 |
Telephone Expenses Paid A/c |
Dr. |
|
4,000 |
|
|
Input CGST A/c |
Dr. |
|
240 |
|
|
Input SGST A/c |
Dr. |
|
240 |
|
|
--------To Bank A/c |
|
|
|
4,480 |
|
(Being paid Telephone Expenses by Cheque, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
April 04 |
Delivery Van Expenses A/c |
Dr. |
|
5,700 |
|
|
--------To Cash A/c |
|
|
|
5,700 |
|
(Being paid petrol expenses of delivery van) |
|
|
|
|
|
|
|
|
|
|
April 05 |
Drawings A/c |
Dr. |
|
4,000 |
|
|
--------To Cash A/c |
|
|
|
4,000 |
|
(Being cash drawn by Proprietor) |
|
|
|
|
|
|
|
|
|
|
April 07 |
Salaries A/c |
Dr. |
|
7,000 |
|
|
--------To Cash A/c |
|
|
|
7,000 |
|
(Being paid salaries) |
|
|
|
|
|
|
|
|
|
|
April 09 |
Cash A/c |
Dr. |
|
5,600 |
|
|
--------To Sales A/c |
|
|
|
5,000 |
|
--------To Output CGST A/c |
|
|
|
300 |
|
--------To Output SGST A/c |
|
|
|
300 |
|
(Being goods sold for cash, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
April 11 |
Sales Return A/c |
Dr. |
|
6,000 |
|
|
Output CGST A/c |
Dr. |
|
300 |
|
|
Output SGST A/c |
Dr. |
|
300 |
|
|
Output IGST A/c |
Dr. |
|
120 |
|
|
--------To Rakesh A/c |
|
|
|
5,600 |
|
--------To Devender A/c |
|
|
|
1,120 |
|
(Being goods returned by Rakesh and Devender, Paid IGST 12% and CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
April 12 |
Bank A/c |
Dr. |
|
60,000 |
|
|
--------To Hariharan A/c |
|
|
|
20,000 |
|
--------To Rajhans A/c |
|
|
|
40,000 |
|
(Being received cheques from Hariharan and Rajans) |
|
|
|
|
|
|
|
|
|
|
April 16 |
Prabhat A/c |
Dr. |
|
4,480 |
|
|
Rajan A/c |
Dr. |
|
1,120 |
|
|
--------To Purchase Return A/c |
|
|
|
5,000 |
|
--------To Input IGST A/c (480 + 120) |
|
|
|
600 |
|
(Being goods returned to Prabhat and Rajan, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
April 20 |
Jawahar A/c |
Dr. |
|
50,000 |
|
|
Vikas A/c |
Dr. |
|
10,000 |
|
|
--------To Bank A/c |
|
|
|
60,000 |
|
(Being cheques issued to Jawahar and Vikas ) |
|
|
|
|
|
|
|
|
|
|
April 22 |
Bank A/c |
Dr. |
|
20,000 |
|
|
--------To Hariharan A/c |
|
|
|
10,000 |
|
--------To Rajhans A/c |
|
|
|
10,000 |
|
(Being received cheques from Hariharan and Rajhans ) |
|
|
|
|
|
|
|
|
|
|
April 22 |
Cheque in Hand A/c |
Dr. |
|
15,000 |
|
|
--------To Rakesh A/c |
|
|
|
10,000 |
|
--------To Devender A/c |
|
|
|
5,000 |
|
(Being cheques received from Rakesh and Devender which are dated 15th May, 2018 ) |
|
|
|
|
|
|
|
|
|
|
April 24 |
Bank A/c |
Dr. |
|
14,914 |
|
|
Interest A/c [15,000 × 10% ×(21/365)] |
Dr. |
|
86 |
|
|
--------To Cheque in Hand A/c |
|
|
|
15,000 |
|
(Being Rakesh and Devender cheque discounted with bank at interest of 10% p.a.) |
|
|
|
|
|
|
|
|
|
|
April 25 |
Cash A/c |
Dr. |
|
21,000 |
|
|
Discount Received A/c |
Dr. |
|
880 |
|
|
--------To Devender A/c |
|
|
|
21,880 |
|
(Being cash received from Devender and discount allowed) |
|
|
|
|
Ledgers |
|||||||
Cash Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 01 |
To Balance b/d |
|
30,000 |
April 04 |
By Delivery Van Exp. A/c |
|
5,700 |
April 09 |
To Sales A/c |
|
5,000 |
April 05 |
By Drawings A/c |
|
4,000 |
April 09 |
To Output CGST A/c |
|
300 |
April 07 |
By Salaries A/c |
|
7,000 |
April 09 |
To Output SGST A/c |
|
300 |
April 30 |
By Balance c/d |
|
39,900 |
April 18 |
To Devender A/c |
|
21,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
56,600 |
|
|
|
56,600 |
Bank Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 01 |
To Balance b/d |
|
45,000 |
April 01 |
By Rent A/c |
|
5,000 |
April 12 |
To Hariharan A/c |
|
20,000 |
April 01 |
By Input CGST A/c |
|
300 |
April 12 |
To Rajhans A/c |
|
40,000 |
April 01 |
By Input SGST A/c |
|
300 |
April 22 |
To Hariharan A/c |
|
10,000 |
April 03 |
Telephone Expenses A/c |
|
4,000 |
April 22 |
To Rajhans A/c |
|
10,000 |
April 03 |
Input CGST A/c |
|
240 |
April 24 |
To Cheque in Hand A/c |
|
14,914 |
April 03 |
Input SGST A/c |
|
240 |
|
|
|
|
April 20 |
By Jawahar A/c |
|
50,000 |
|
|
|
|
April 20 |
By Vikas A/c |
|
10,000 |
|
|
|
|
April 30 |
By Balance c/d |
|
69,834 |
|
|
|
1,39,914 |
|
|
|
1,39,914 |
Capital Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Receipts |
J.F. |
Rs. |
Date |
Payments |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
3,24,000 |
April 01 |
By Balance b/d |
|
3,24,000 |
|
|
|
3,24,000 |
|
|
|
3,24,000 |
Premises Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Receipts |
J.F. |
Rs. |
Date |
Payments |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 01 |
To Balance b/d |
|
2,00,000 |
April 30 |
By Balance c/d |
|
2,00,000 |
|
|
|
|
|
|
|
|
|
|
|
2,00,000 |
|
|
|
2,00,000 |
Delivery Van Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Receipts |
J.F. |
Rs. |
Date |
Payments |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 01 |
To Balance b/d |
|
50,000 |
April 30 |
By Balance c/d |
|
50,000 |
|
|
|
50,000 |
|
|
|
50,000 |
Fixture Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 01 |
To Balance b/d |
|
5,000 |
April 30 |
By Balance c/d |
|
5,000 |
|
|
|
5,000 |
|
|
|
5,000 |
Stock Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance b/d |
|
75,000 |
April 30 |
By Balance c/d |
|
75,000 |
|
|
|
75,000 |
|
|
|
75,000 |
Hariharan Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 01 |
To Balance b/d |
|
30,000 |
April 12 |
By Bank A/c |
|
20,000 |
|
|
|
|
April 22 |
By Bank A/c |
|
10,000 |
|
|
|
|
|
|
|
|
|
|
|
30,000 |
|
|
|
30,000 |
Rajhans Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 01 |
To Balance b/d |
|
50,000 |
April 12 |
By Bank A/c |
|
40,000 |
|
|
|
|
April 22 |
By Bank A/c |
|
10,000 |
|
|
|
|
|
|
|
|
|
|
|
50,000 |
|
|
|
50,000 |
Jawahar Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 20 |
To Bank A/c |
|
50,000 |
April 01 |
By Balance b/d |
|
1,00,000 |
April 30 |
To Balance c/d |
|
50,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,00,000 |
|
|
|
1,00,000 |
Vikas Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 20 |
To Bank A/c |
|
10,000 |
April 01 |
By balance b/d |
|
45,000 |
April 30 |
To balance c/d |
|
35,000 |
|
|
|
|
|
|
|
45,000 |
|
|
|
45,000 |
Telephone Expenses Payable Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 03 |
To Bank A/c |
|
4,000 |
April 01 |
By Balance b/d |
|
4,000 |
|
|
|
4,000 |
|
|
|
4,000 |
Expenses Payable Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
4,520 |
April 01 |
By Balance b/d |
|
4,520 |
|
|
|
4,520 |
|
|
|
4,520 |
Rent Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 01 |
To Bank A/c |
|
5,000 |
April 30 |
By Balance c/d |
|
5,000 |
|
|
|
5,000 |
|
|
|
5,000 |
Prabhat Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 16 |
To Purchase Return A/c |
|
4,000 |
April 02 |
By Purchase A/c |
|
15,000 |
April 16 |
To Input IGST A/c |
|
480 |
April 02 |
By Input IGST A/c |
|
1,800 |
April 30 |
To Balance c/d |
|
12,320 |
|
|
|
|
|
|
|
16,800 |
|
|
|
16,800 |
Salaries Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 07 |
To Cash A/c |
|
7,000 |
April 01 |
By Balance b/d |
|
7,000 |
|
|
|
|
|
|
|
|
|
|
|
7,000 |
|
|
|
7,000 |
Sales Return Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 11 |
To Rakesh A/c |
|
5,000 |
April 30 |
By Balance c/d |
|
6,000 |
April 11 |
To Devender A/c |
|
1,000 |
|
|
|
|
|
|
|
6,000 |
|
|
|
6,000 |
Purchase Return Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
5,000 |
April 16 |
By Prabhat A/c |
|
4,000 |
|
|
|
|
April 16 |
By Rajan A/c |
|
1,000 |
|
|
|
5,000 |
|
|
|
5,000 |
Interest Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 24 |
To Cheque in Hand A/c |
|
86 |
April 30 |
By Balance c/d |
|
86 |
|
|
|
86 |
|
|
|
86 |
Discount Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 25 |
To Devender A/c |
|
880 |
April 30 |
By Balance c/d |
|
880 |
|
|
|
880 |
|
|
|
880 |
Sales Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
47,000 |
April 03 |
By Rakesh A/c |
|
17,000 |
|
|
|
|
April 03 |
By Devender A/c |
|
25,000 |
|
|
|
|
April 09 |
By Cash A/c |
|
5,000 |
|
|
|
47,000 |
|
|
|
47,000 |
Purchase Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 02 |
To Prabhat A/c |
|
15,000 |
April 30 |
By Balance c/d |
|
30,000 |
April 02 |
To Rajhans A/c |
|
8,000 |
|
|
|
|
April 02 |
To Passi A/c |
|
7,000 |
|
|
|
|
|
|
|
30,000 |
|
|
|
30,000 |
Cheque in Hand Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 22 |
To Rakesh A/c |
|
10,000 |
April 24 |
By Bank A/c |
|
14,912 |
April 24 |
To Devender A/c |
|
5,000 |
April 24 |
By Interest A/c |
|
88 |
|
|
|
15,000 |
|
|
|
15,000 |
Delivery Van Expenses Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 04 |
To Cash A/c |
|
5,700 |
April 30 |
By Balance c/d |
|
5,700 |
|
|
|
5,700 |
|
|
|
5,700 |
Drawings Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 05 |
To Cash A/c |
|
4,000 |
April 30 |
By Balance c/d |
|
4,000 |
|
|
|
4,000 |
|
|
|
4,000 |
Rajan Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 16 |
To Purchase Return A/c |
|
1,000 |
April 02 |
By Purchase A/c |
|
8,000 |
April 16 |
To Input IGST A/c |
|
120 |
April 02 |
By Input IGST A/c |
|
960 |
April 30 |
To Balance c/d |
|
7,840 |
|
|
|
|
|
|
|
8,960 |
|
|
|
8,960 |
Passi Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
7,840 |
April 02 |
By Purchase A/c |
|
7,000 |
|
|
|
|
April 02 |
By Input IGST A/c |
|
840 |
|
|
|
7,840 |
|
|
|
7,840 |
Rakesh Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 03 |
To Sales A/c |
|
17,000 |
April 11 |
By Sales Return A/c |
|
5,000 |
April 03 |
To Output CGST A/c |
|
1,020 |
April 11 |
By Output CGST A/c |
|
300 |
April 03 |
To Output SGST A/c |
|
1,020 |
April 11 |
By Output CGST A/c |
|
300 |
|
|
|
|
April 22 |
By Cheque in Hand A/c |
|
10,000 |
|
|
|
|
April 30 |
By Balance c/d |
|
3,440 |
|
|
|
19,040 |
|
|
|
19,040 |
Devender Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 03 |
To Sales A/c |
|
25,000 |
April 11 |
By Sales Return A/c |
|
1,000 |
April 03 |
To Output IGST A/c |
|
3,000 |
April 11 |
By Output IGST A/c |
|
120 |
|
|
|
|
April 22 |
By Cheque in Hand |
|
5,000 |
|
|
|
|
April 30 |
By Cash A/c |
|
21,000 |
|
|
|
|
April 30 |
By Discount Received A/c |
|
880 |
|
|
|
28,000 |
|
|
|
28,000 |
Input CGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 01 |
To Bank A/c |
|
300 |
April 30 |
By Balance c/d |
|
540 |
April 03 |
To Bank A/c |
|
240 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
540 |
|
|
|
540 |
Input CGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 01 |
To Bank A/c |
|
300 |
April 30 |
By Balance c/d |
|
540 |
April 03 |
To Bank A/c |
|
240 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
540 |
|
|
|
540 |
Input IGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 02 |
To Prabhat A/c |
|
1,800 |
April 16 |
To Prabhat A/c |
|
480 |
April 02 |
To Rajan A/c |
|
960 |
April 16 |
To Rajan A/c |
|
120 |
April 02 |
To Passi A/c |
|
840 |
April 30 |
By Balance c/d |
|
3,000 |
|
|
|
3,600 |
|
|
|
3,600 |
Output CGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 11 |
To Rakesh A/c |
|
300 |
April 01 |
By Balance b/d |
|
240 |
April 30 |
To Balance c/d |
|
1,260 |
April 03 |
By Rakesh A/c |
|
1,020 |
|
|
|
|
April 03 |
By Cash A/c |
|
300 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,560 |
|
|
|
1,560 |
Output SGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 11 |
To Rakesh A/c |
|
300 |
April 01 |
By Balance b/d |
|
240 |
April 30 |
To Balance c/d |
|
1,260 |
April 03 |
By Rakesh A/c |
|
1,020 |
|
|
|
|
April 03 |
By Cash A/c |
|
300 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,560 |
|
|
|
1,560 |
Output IGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 11 |
To Devender A/c |
|
120 |
April 03 |
By Devender A/c |
|
3,000 |
April 30 |
To Balance c/d |
|
2,880 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,000 |
|
|
|
3,000 |
Trial Balance as on April 30, 2019 |
|||
Particulars |
L.F. |
Dr. Rs. |
Cr. Rs. |
Cash |
|
39,900 |
|
Bank |
|
69,834 |
|
Capital |
|
|
3,24,000 |
Premises |
|
2,00,000 |
|
Deliver van |
|
50,000 |
|
Fixtures |
|
5,000 |
|
Stock |
|
75,000 |
|
Rajan |
|
|
7,840 |
Passi |
|
|
7,840 |
Rakesh |
|
3,440 |
|
Delivery Van expenses |
|
5,700 |
|
Drawings |
|
4,000 |
|
Expenses Payable |
|
|
4,520 |
Rent |
|
5,000 |
|
Purchase |
|
30,000 |
|
Prabhat |
|
|
12,320 |
Jawahar |
|
|
50,000 |
Vikas |
|
|
35,000 |
Sales |
|
|
47,000 |
Sales Return |
|
6,000 |
|
Purchase Return |
|
|
5,000 |
Interest |
|
86 |
|
Discount |
|
880 |
|
Input CGST |
|
300 |
|
Input SGST |
|
300 |
|
Input IGST |
|
3,000 |
|
Output CGST |
|
|
1,020 |
Output SGST |
|
|
1,020 |
Output IGST |
|
|
2,880 |
|
|
4,98,440 |
4,98,440 |
|
|
|
|
Sett-off Opening CGST and SGST
Output CGST (April 1) |
240 |
Output SGST (April 1) |
240 |
Input CGST |
(540) |
Input SGST |
(540) |
Total |
(3,00) |
Total |
(3,00) |
Ledger Exercise 9.29
Solution PQ 9
Journal |
|||||
Date |
Particulars |
L.F. |
Dr. Rs. |
Cr Rs. |
|
2019 |
|
|
|
|
|
Apr 01 |
Cash in Hand A/c |
Dr. |
|
20,000 |
|
|
Cash at Bank A/c |
Dr. |
|
35,000 |
|
|
Stock A/c |
Dr. |
|
15,000 |
|
|
Furniture A/c |
Dr. |
|
4,500 |
|
|
Input SGST A/c |
Dr. |
|
5,000 |
|
|
Input IGST A/c |
Dr. |
|
2,000 |
|
|
Poonam A/c |
Dr. |
|
20,000 |
|
|
Sonu A/c |
Dr. |
|
10,000 |
|
|
To Ashok A/c |
|
|
|
13,500 |
|
To Pankaj A/c |
|
|
|
21,500 |
|
To Capital A/c (bal. fig.) |
|
|
|
76,500 |
|
(Assets and Liabilities brought down from last year) |
|
|
|
|
|
|
|
|
|
|
Apr 04 |
Purchases A/c |
Dr. |
|
5,000 |
|
|
Input CGST A/c |
Dr. |
|
300 |
|
|
Input SGST A/c |
Dr. |
|
300 |
|
|
To Pankaj A/c |
|
|
|
5,600 |
|
(Goods purchased with CGST and SGST @ 6% each) |
|
|
|
|
|
|
|
|
|
|
Apr 07 |
Ashok A/c |
Dr. |
|
13,500 |
|
|
To Bank A/c |
Dr. |
|
|
13,000 |
|
To Discount Received A/c |
|
|
|
500 |
|
(Paid to Ashok in full settlement) |
|
|
|
|
|
|
|
|
|
|
Apr 10 |
Poonam A/c |
Dr. |
|
12,320 |
|
|
To Sales A/c |
|
|
|
11,000 |
|
To Output IGST A/c |
|
|
|
1,320 |
|
(Goods sold with IGST @ 12%) |
|
|
|
|
|
|
|
|
|
|
Apr 12 |
Purchases A/c |
Dr. |
|
15,000 |
|
|
Input IGST A/c |
Dr. |
|
1,800 |
|
|
To Ashok A/c |
|
|
|
16,800 |
|
(Goods purchased with IGST @ 12%) |
|
|
|
|
|
|
|
|
|
|
Apr 15 |
Sonu A/c |
Dr. |
|
6,720 |
|
|
To Sales A/c |
|
|
|
6,000 |
|
To Output IGST A/c |
|
|
|
720 |
|
(Goods sold with IGST @ 12%) |
|
|
|
|
|
|
|
|
|
|
Apr 18 |
Bank A/c |
Dr. |
|
24,500 |
|
|
Discount Allowed A/c |
Dr. |
|
1,500 |
|
|
To Poonam A/c |
|
|
|
26,000 |
|
(Received from Poonam) |
|
|
|
|
|
|
|
|
|
|
Apr 25 |
Stationery A/c |
Dr. |
|
1,200 |
|
|
Input CGST A/c |
Dr. |
|
72 |
|
|
Input SGST A/c |
Dr. |
|
72 |
|
|
To Cash A/c |
|
|
|
1,344 |
|
(Stationery purchased) |
|
|
|
|
|
|
|
|
|
|
Apr 27 |
Telephone Expenses A/c |
Dr. |
|
3,500 |
|
|
Input CGST A/c |
Dr. |
|
210 |
|
|
Input SGST A/c |
Dr. |
|
210 |
|
|
To Bank A/c |
|
|
|
3,920 |
|
(Telephone expenses paid) |
|
|
|
|
|
|
|
|
|
|
Apr 30 |
Salary A/c |
Dr. |
|
6,000 |
|
|
To Cash A/c |
|
|
|
6,000 |
|
(Paid salary) |
|
|
|
|
Cash in Hand Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
20,000 |
Apr 25 |
Stationery A/c |
|
1,200 |
||
|
|
|
|
Apr 25 |
Input CGST A/c |
|
72 |
||
|
|
|
|
Apr 25 |
Input SGST A/c |
|
72 |
||
|
|
|
|
Apr 30 |
Salaries A/c |
|
6,000 |
||
|
|
|
|
Apr 30 |
Balance c/d |
|
12,656 |
||
|
|
|
20,000 |
|
|
|
20,000 |
||
|
|
|
|
|
|
|
|
||
Cash at Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
35,000 |
Apr 07 |
Ashok A/c |
|
13,000 |
||
Apr 18 |
Poonam A/c |
|
24,500 |
Apr 27 |
Telephone Expenses A/c |
|
3,500 |
||
|
|
|
|
Apr 27 |
Input CGST A/c |
|
210 |
||
|
|
|
|
Apr 27 |
Input SGST A/c |
|
210 |
||
|
|
|
|
Apr 30 |
Balance c/d |
|
42,580 |
||
|
|
|
|
|
|
|
|
||
|
|
|
59,500 |
|
|
|
59,500 |
||
|
|
|
|
|
|
|
|
||
Input CGST Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 04 |
Pankaj A/c |
|
300 |
Apr 30 |
Balance c/d |
|
582 |
||
Apr 25 |
Stationery A/c |
|
72 |
|
|
|
|
||
Apr 27 |
Telephone Expenses A/c |
|
210 |
|
|
|
|
||
|
|
|
582 |
|
|
|
582 |
||
|
|
|
|
|
|
|
|
||
Input SGST Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
5,000 |
Apr 30 |
Balance c/d |
|
5,582 |
||
Apr 04 |
Pankaj A/c |
|
300 |
|
|
|
|
||
Apr 25 |
Stationery A/c |
|
72 |
|
|
|
|
||
Apr 27 |
Telephone Expenses A/c |
|
210 |
|
|
|
|
||
|
|
|
5,582 |
|
|
|
5,582 |
||
|
|
|
|
|
|
|
|
||
Input IGST Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
2,000 |
Apr 30 |
Balance c/d |
|
3,800 |
||
Apr 12 |
Ashok A/c |
|
1,800 |
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
3,800 |
|
|
|
3,800 |
||
|
|
|
|
|
|
|
|
||
Output IGST Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 30 |
Balance c/d |
|
2,040 |
Apr 10 |
Poonam A/c |
|
1,320 |
||
|
|
|
|
Apr 15 |
Sonu A/c |
|
720 |
||
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
2,040 |
|
|
|
2,040 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 04 |
Pankaj A/c |
|
5,000 |
Apr 30 |
Balance c/d |
|
20,000 |
||
Apr 12 |
Ashok A/c |
|
15,000 |
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
20,000 |
|
|
|
20,000 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 30 |
Balance c/d |
|
17,000 |
Apr 10 |
Poonam A/c |
|
11,000 |
||
|
|
|
|
Apr 15 |
Sonu A/c |
|
6,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
17,000 |
|
|
|
17,000 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
76,500 |
Apr 30 |
Balance c/d |
|
76,500 |
||
|
|
|
|
|
|
|
|
||
|
|
|
76,500 |
|
|
|
76,500 |
||
|
|
|
|
|
|
|
|
||
Salary Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 30 |
Cash A/c |
|
6,000 |
Apr 30 |
Balance c/d |
|
6,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
6,000 |
|
|
|
6,000 |
||
|
|
|
|
|
|
|
|
||
Telephone Expenses Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 27 |
Bank A/c |
|
3,500 |
Apr 30 |
Balance c/d |
|
3,500 |
||
|
|
|
|
|
|
|
|
||
|
|
|
3,500 |
|
|
|
3,500 |
||
|
|
|
|
|
|
|
|
||
Stationery Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 25 |
Cash A/c |
|
1,200 |
Apr 30 |
Balance c/d |
|
200 |
||
|
|
|
|
|
|
|
|
||
|
|
|
1,200 |
|
|
|
1,200 |
||
|
|
|
|
|
|
|
|
||
Discount Allowed Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 18 |
Poonam A/c |
|
1,500 |
Apr 30 |
Balance c/d |
|
1,500 |
||
|
|
|
|
|
|
|
|
||
|
|
|
1,500 |
|
|
|
1,500 |
||
|
|
|
|
|
|
|
|
||
Discount Received Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 30 |
Balance c/d |
|
500 |
Apr 30 |
Ashok |
|
500 |
||
|
|
|
|
|
|
|
|
||
|
|
|
500 |
|
|
|
500 |
||
|
|
|
|
|
|
|
|
||
Furniture Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
4,500 |
Apr 30 |
Balance c/d |
|
4,500 |
||
|
|
|
|
|
|
|
|
||
|
|
|
4,500 |
|
|
|
4,500 |
||
|
|
|
|
|
|
|
|
||
Stock Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
15,000 |
Apr 30 |
Balance c/d |
|
15,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
15,000 |
|
|
|
15,000 |
||
|
|
|
|
|
|
|
|
||
Pankaj Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 30 |
Balance c/d |
|
27,100 |
Apr 01 |
Balance b/d |
|
21,500 |
||
|
|
|
|
Apr 04 |
Purchases A/c |
|
5,000 |
||
|
|
|
|
Apr 04 |
Input CGST A/c |
|
300 |
||
|
|
|
|
Apr 04 |
Input CGST A/c |
|
300 |
||
|
|
|
|
|
|
|
|
||
|
|
|
27,100 |
|
|
|
27,100 |
||
|
|
|
|
|
|
|
|
||
Poonam Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
20,000 |
Apr 18 |
Bank A/c |
|
24,500 |
||
Apr 10 |
Sales A/c |
|
11,000 |
Apr 18 |
Discount Allowed A/c |
|
1,500 |
||
Apr 10 |
Output IGST A/c |
|
1,320 |
Apr 30 |
Balance c/d |
|
6,320 |
||
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
32,320 |
|
|
|
32,320 |
||
|
|
|
|
|
|
|
|
||
Sonu Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 01 |
Balance b/d |
|
10,000 |
Apr 30 |
Balance c/d |
|
16,720 |
||
Apr 15 |
Sales A/c |
|
6,000 |
|
|
|
|
||
Apr 15 |
Output IGST A/c |
|
720 |
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
16,720 |
|
|
|
16,720 |
||
|
|
|
|
|
|
|
|
||
Ashok Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
||
Apr 07 |
Bank A/c |
|
13,000 |
Apr 01 |
Balance b/d |
|
13,500 |
||
Apr 07 |
Discount Received A/c |
|
500 |
Apr 12 |
Purchases A/c |
|
15,000 |
||
Apr 30 |
Balance c/d |
|
16,800 |
Apr 12 |
Input IGST A/c |
|
1,800 |
||
|
|
|
|
|
|
|
|
||
|
|
|
30,300 |
|
|
|
30,300 |
||
|
|
|
|
|
|
|
|
||
Trial Balance |
|||
S.No. |
List of Items |
Debit Balances |
Credit Balances |
1 |
Cash in Hand |
12,656 |
|
2 |
Cash at Bank |
42,580 |
|
3 |
Input CGST A/c |
582 |
|
4 |
Input SGST A/c |
5,582 |
|
5 |
Input IGST A/c |
3,800 |
|
6 |
Output IGST A/c |
|
2,040 |
7 |
Purchases |
20,000 |
|
8 |
Sales |
|
17,000 |
9 |
Capital |
|
76,500 |
10 |
Salary |
6,000 |
|
11 |
Stationery |
1,200 |
|
12 |
Telephone Expenses |
3,500 |
|
13 |
Discount Allowed |
1,500 |
|
14 |
Furniture |
4,500 |
|
15 |
Stock |
15,000 |
|
16 |
Discount Received |
|
500 |
17 |
Pankaj |
|
27,100 |
18 |
Poonam |
6,320 |
|
19 |
Sonu |
16,720 |
|
20 |
Ashok |
|
16,800 |
|
Total |
1,39,940 |
1,39,940 |
Solution PQ 10
In the Books of Shri S.K. Gupta, Chandigarh Journal |
|||||
Date |
Particulars |
|
L.F. |
Dr. Rs. |
Cr. Rs. |
2019 |
|
|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
60,000 |
|
|
Bank A/c |
|
|
60,000 |
|
|
--------To Capital A/c |
|
|
|
1,20,000 |
|
(Being commenced business with cash and bank) |
|
|
|
|
|
|
|
|
|
|
April 02 |
Furniture and Fittings A/c |
Dr. |
|
20,000 |
|
|
Input CGST A/c |
Dr. |
|
1,200 |
|
|
Input SGST A/c |
Dr. |
|
1,200 |
|
|
--------To Cash A/c |
|
|
|
22,400 |
|
(Being bought furniture and fittings, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
April 05 |
Purchase A/c |
Dr. |
|
16,000 |
|
|
Input CGST A/c |
Dr. |
|
960 |
|
|
Input SGST A/c |
Dr. |
|
960 |
|
|
--------To Cash A/c |
|
|
|
17,920 |
|
(Being bought goods in cash, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
April 08 |
Purchase A/c |
Dr. |
|
11,000 |
|
|
Input CGST A/c |
Dr. |
|
660 |
|
|
Input SGST A/c |
Dr. |
|
660 |
|
|
--------To Ramesh A/c |
|
|
|
12,320 |
|
(Being goods from Ramesh, paid CGST and SGST 6% each ) |
|
|
|
|
|
|
|
|
|
|
April 12 |
Sameer A/c |
Dr. |
|
23,520 |
|
|
--------To Sales A/c |
|
|
|
21,000 |
|
--------To Output IGST A/c |
|
|
|
2,520 |
|
(Being sold goods to Sameer, paid IGST 12%) |
|
|
|
|
|
|
|
|
|
|
April 13 |
Stationary A/c |
Dr. |
|
1,800 |
|
|
Input CGST A/c |
Dr. |
|
108 |
|
|
Input SGST A/c |
Dr. |
|
108 |
|
|
--------To Cash A/c |
|
|
|
2,016 |
|
(Being stationary for cash, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
April 13 |
Ramesh A/c |
Dr. |
|
11,000 |
|
|
--------To Cash A/c |
|
|
|
10,000 |
|
--------To Discount Received A/c |
|
|
|
1,000 |
|
(Being paid to Ramesh and discount received ) |
|
|
|
|
|
|
|
|
|
|
April 17 |
Cash A/c |
Dr. |
|
4,000 |
|
|
--------To Bank A/c |
|
|
|
4,000 |
|
(Being withdrawn cash for office use) |
|
|
|
|
|
|
|
|
|
|
April 18 |
Purchase A/c |
Dr. |
|
30,000 |
|
|
Input CGST A/c |
Dr. |
|
1,800 |
|
|
Input SGST A/c |
Dr. |
|
1,800 |
|
|
--------To Sen A/c |
|
|
|
33,600 |
|
(Being bought goods from Sen, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
April 19 |
Cash A/c |
Dr. |
|
20,000 |
|
|
Discount Allowed A/c |
Dr. |
|
1,000 |
|
|
--------To Sameer A/c |
|
|
|
21,000 |
|
(Being cash received from Sameer and discount allowed) |
|
|
|
|
|
|
|
|
|
|
April 20 |
Raj Banwari A/c |
Dr. |
|
44,800 |
|
|
--------To Sales A/c |
|
|
|
40,000 |
|
--------To Output IGST A/c |
|
|
|
4,800 |
|
(Being sold to Raj Banwari, paid IGST paid 12%) |
|
|
|
|
|
|
|
|
|
|
April 28 |
Cash A/c |
Dr. |
|
1,568 |
|
|
--------To Sales A/c |
|
|
|
1,400 |
|
--------To Output CGST A/c |
|
|
|
84 |
|
--------To Output SGST A/c |
|
|
|
84 |
|
(Being sold goods for cash, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Salary A/c |
Dr. |
|
8,000 |
|
|
--------To Bank A/c |
|
|
|
8,000 |
|
(Being paid salary by cheque ) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Rent A/c |
Dr. |
|
5,000 |
|
|
Input CGST A/c |
Dr. |
|
300 |
|
|
Input SGST A/c |
Dr. |
|
300 |
|
|
--------To Bank A/c |
|
|
|
5,600 |
|
(Being paid rent by cheque, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Telephone Expenses A/c |
Dr. |
|
2,000 |
|
|
Input CGST A/c |
Dr. |
|
120 |
|
|
Input SGST A/c |
Dr. |
|
120 |
|
|
--------To Bank A/c |
|
|
|
2,240 |
|
(Being paid telephone expenses by cheque, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Bank A/c |
Dr. |
|
2,000 |
|
|
--------To Cash A/c |
|
|
|
2,000 |
|
(Being Paid cash to Dinesh and discount Received ) |
|
|
|
|
Ledgers |
|||||||
Furniture and Fitting Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 02 |
To Cash A/c |
|
20,000 |
April 30 |
By Balance c/d |
|
20,000 |
|
|
|
20,000 |
|
|
|
20,000 |
Cash Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 01 |
To Capital A/c |
|
60,000 |
April 02 |
By Furniture and Fitting A/c |
|
20,000 |
April 17 |
To Bank A/c |
|
4,000 |
April 02 |
By Input CGST A/c |
|
1,200 |
April 19 |
To Sameer A/c |
|
20,000 |
April 02 |
By Input CGST A/c |
|
1,200 |
April 28 |
To Sales A/c |
|
1,400 |
April 05 |
By Purchase A/c |
|
16,000 |
April 28 |
To Output CGST A/c |
|
84 |
April 05 |
By Input CGST A/c |
|
960 |
April 28 |
To Output SGST A/c |
|
84 |
April 05 |
By Input CGST A/c |
|
960 |
|
|
|
|
April 13 |
By Stationary A/c |
|
1,800 |
|
|
|
|
April 13 |
By Input CGST A/c |
|
108 |
|
|
|
|
April 13 |
By Input CGST A/c |
|
108 |
|
|
|
|
April 13 |
By Ramesh A/c |
|
10,000 |
|
|
|
|
April 30 |
By Bank A/c |
|
2,000 |
|
|
|
|
April 30 |
By Balance c/d |
|
31,232 |
|
|
|
85,568 |
|
|
|
85,568 |
Purchase Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 05 |
To Cash A/c |
|
16,000 |
April 30 |
By Balance c/d |
|
57,000 |
April 08 |
To Ramesh A/c |
|
11,000 |
|
|
|
|
April 18 |
To Sen A/c |
|
30,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
57,000 |
|
|
|
57,000 |
Ramesh Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 13 |
To Cash A/c |
|
10,000 |
April 08 |
By Purchase A/c |
|
11,000 |
April 04 |
To Discount received A/c |
|
1,000 |
April 08 |
By Input CGST A/c |
|
660 |
April 30 |
To Balance c/d |
|
1,320 |
April 08 |
By Input SGST A/c |
|
660 |
|
|
|
12,320 |
|
|
|
12,320 |
Sameer Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 12 |
To Sales A/c |
|
21,000 |
April 19 |
By Cash A/c |
|
20,000 |
April 12 |
To Output IGST A/c |
|
2,520 |
April 19 |
By Discount Allowed A/c |
|
1,000 |
|
|
|
|
April 30 |
By Balance c/d |
|
2,520 |
|
|
|
23,520 |
|
|
|
23,520 |
Bank Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 01 |
To Capital A/c |
|
60,000 |
April 17 |
By Cash A/c |
|
4,000 |
April 30 |
To Cash A/c |
|
2,000 |
April 30 |
By Salary A/c |
|
8,000 |
|
|
|
|
April 30 |
By Rent A/c |
|
5,000 |
|
|
|
|
April 30 |
By Input CGST A/c |
|
300 |
|
|
|
|
April 30 |
By Input SGST A/c |
|
300 |
|
|
|
|
April 30 |
By Telephone Expenses A/c |
|
2,000 |
|
|
|
|
April 30 |
By Input CGST A/c |
|
120 |
|
|
|
|
April 30 |
By Input SGST A/c |
|
120 |
|
|
|
|
April 30 |
By Balance c/d |
|
42,160 |
|
|
|
62,000 |
|
|
|
62,000 |
Capital Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
1,20,000 |
April 01 |
By Cash A/c |
|
60,000 |
|
|
|
|
April 01 |
By Bank A/c |
|
60,000 |
|
|
|
1,20,000 |
|
|
|
1,20,000 |
Raj Banwari Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 20 |
To Sales A/c |
|
40,000 |
April 30 |
By Balance c/d |
|
44,800 |
April 20 |
To Output IGST A/c |
|
4,800 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
44,800 |
|
|
|
44,800 |
Sales Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
62,400 |
April 12 |
By Sameer A/c |
|
21,000 |
|
|
|
|
April 20 |
By Raj Banwari A/c |
|
40,000 |
|
|
|
|
April 28 |
By Cash A/c |
|
1,400 |
|
|
|
|
|
|
|
|
|
|
|
62,400 |
|
|
|
62,400 |
Salary Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Bank A/c |
|
8,000 |
April 30 |
By Balance c/d |
|
8,000 |
|
|
|
|
|
|
|
|
|
|
|
8,000 |
|
|
|
8,000 |
Rent Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Bank A/c |
|
5,000 |
April 30 |
By Balance c/d |
|
5,000 |
|
|
|
|
|
|
|
|
|
|
|
5,000 |
|
|
|
5,000 |
Stationery Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 13 |
To Cash A/c |
|
1,800 |
April 30 |
By Balance c/d |
|
1,800 |
|
|
|
|
|
|
|
|
|
|
|
1,800 |
|
|
|
1,800 |
Discount Received Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
1,000 |
April 13 |
By Ramesh A/c |
|
1,000 |
|
|
|
|
|
|
|
|
|
|
|
1,000 |
|
|
|
1,000 |
Sen Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
33,600 |
April 18 |
By Purchase A/c |
|
30,000 |
|
|
|
|
April 18 |
By Input CGST A/c |
|
1,800 |
|
|
|
|
April 18 |
By Input SGST A/c |
|
1,800 |
|
|
|
|
|
|
|
|
|
|
|
33,600 |
|
|
|
33,600 |
Discount Allowed Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 19 |
To Sameer A/c |
|
1,000 |
April 30 |
By Balance c/d |
|
1,000 |
|
|
|
|
|
|
|
|
|
|
|
1,000 |
|
|
|
1,000 |
Telephone Expenses Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Bank A/c |
|
2,000 |
April 30 |
By Balance c/d |
|
2,000 |
|
|
|
2,000 |
|
|
|
2,000 |
Input CGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 02 |
To Cash A/c |
|
1,200 |
April 30 |
By Balance c/d |
|
5,148 |
April 05 |
To Cash A/c |
|
960 |
|
|
|
|
April 05 |
To Ramesh A/c |
|
660 |
|
|
|
|
April 13 |
To Cash A/c |
|
108 |
|
|
|
|
April 18 |
To Sen A/c |
|
1,800 |
|
|
|
|
April 30 |
To Bank A/c |
|
300 |
|
|
|
|
April 30 |
To Bank A/c |
|
120 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,148 |
|
|
|
5,148 |
Input SGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 02 |
To Cash A/c |
|
1,200 |
April 30 |
By Balance c/d |
|
5,148 |
April 05 |
To Cash A/c |
|
960 |
|
|
|
|
April 05 |
To Ramesh A/c |
|
660 |
|
|
|
|
April 13 |
To Cash A/c |
|
108 |
|
|
|
|
April 18 |
To Sen A/c |
|
1,800 |
|
|
|
|
April 30 |
To Bank A/c |
|
300 |
|
|
|
|
April 30 |
To Bank A/c |
|
120 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,148 |
|
|
|
5,148 |
Output CGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
84 |
April 28 |
To Cash A/c |
|
84 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
84 |
|
|
|
84 |
Output SGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
84 |
April 28 |
To Cash A/c |
|
84 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
84 |
|
|
|
84 |
Output IGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
2019 |
|
|
|
2019 |
|
|
|
April 30 |
To Balance c/d |
|
7,320 |
April 12 |
To Sameer A/c |
|
2,520 |
|
|
|
|
April 20 |
To Raj Banwari A/c |
|
4,800 |
|
|
|
|
|
|
|
|
|
|
|
7,320 |
|
|
|
7,320 |
Trial Balance as on April 30, 2019 |
|||
Particulars |
L.F. |
Dr. Rs. |
Cr. Rs. |
Cash |
|
31,232 |
|
Bank |
|
42,160 |
|
Capital |
|
|
1,20,000 |
Furniture and Fittings |
|
20,000 |
|
Purchases |
|
57,000 |
|
Raj Banwari |
|
44,800 |
|
Sales |
|
|
62,400 |
Salary |
|
8,000 |
|
Rent |
|
5,000 |
|
Stationary |
|
1,800 |
|
Discount Received |
|
|
1,000 |
Sen |
|
|
33,600 |
Sameer |
|
2,520 |
|
Ramesh |
|
|
1,320 |
Discount Allowed |
|
1,000 |
|
Telephone Expenses |
|
2,000 |
|
Input CGST |
|
5,148 |
|
Input SGST |
|
5,148 |
|
Output CGST |
|
|
84 |
Output SGST |
|
|
84 |
Output IGST |
|
|
7,320 |
|
|
|
|
|
|
2,25,808 |
2,25,808 |
Solution PQ 11
|
|||||
Journal |
|||||
Sr. No. |
Particulars |
|
L.F. |
Dr. Rs. |
Cr. Rs. |
|
|
|
|
|
|
|
Cash A/c |
Dr. |
|
15,000 |
|
|
Bank A/c |
Dr. |
|
55,000 |
|
|
Stock A/c |
Dr. |
|
28,000 |
|
|
Debtors A/c |
Dr. |
|
25,000 |
|
|
Computer and Printer A/c |
Dr. |
|
50,000 |
|
|
Delivery Van A/c |
Dr. |
|
25,000 |
|
|
Furniture A/c |
Dr. |
|
10,000 |
|
|
--------To Bank Loan A/c |
|
|
|
90,000 |
|
--------To Outstanding Salary A/c |
|
|
|
15,000 |
|
--------To Creditors A/c |
|
|
|
20,000 |
|
--------To Bills Payable A/c |
|
|
|
10,000 |
|
--------To Capital A/c |
|
|
|
73,000 |
|
(Being balance brought forwarded from last month) |
|
|
|
|
|
|
|
|
|
|
i. |
Purchase A/c |
Dr. |
|
9,000 |
|
|
Input IGST A/c |
Dr. |
|
1,080 |
|
|
--------To Bank A/c |
|
|
|
9,900 |
|
--------To Discount Received A/c |
|
|
|
180 |
|
(Being bought goods by bank with Discount Received, paid IGST 12%) |
|
|
|
|
|
|
|
|
|
|
ii. |
Bank A/c |
Dr. |
|
9,800 |
|
|
Discount Allowed A/c |
Dr. |
|
200 |
|
|
--------To Debtors A/c |
|
|
|
10,000 |
|
(Being payment received Abhay With Discount Allowed) |
|
|
|
|
|
|
|
|
|
|
iii. |
Bank A/c |
Dr. |
|
10,000 |
|
|
--------To Debtors A/c |
|
|
|
10,000 |
|
(Being payment received from Alok by bank) |
|
|
|
|
|
|
|
|
|
|
iv. |
Bank A/c |
Dr. |
|
3,750 |
|
|
Bad Debts A/c |
Dr. |
|
1,250 |
|
|
--------To Debtors A/c |
|
|
|
5,000 |
|
(Being claim received by Sunil only 75%) |
|
|
|
|
|
|
|
|
|
|
v. |
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 bought goods by Charity, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
vi. |
Advertisement A/c |
Dr. |
|
560 |
|
|
--------To Purchases A/c |
|
|
|
500 |
|
--------To Input IGST A/c |
|
|
|
60 |
|
(Being goods used by Advertisement, paid CGST and SGST 6% each) |
|
|
|
|
|
|
|
|
|
|
vii. |
Cash A/c |
Dr. |
|
10,000 |
|
|
--------To Bad Debts A/c |
|
|
|
10,000 |
|
(Being recovered Bad Debts) |
|
|
|
|
|
|
|
|
|
|
viii. |
Salaries A/c |
Dr. |
|
15,000 |
|
|
--------To Bank A/c |
|
|
|
15,000 |
|
(Being paid salaries by cheque) |
|
|
|
|
|
|
|
|
|
|
ix. |
Cash A/c |
Dr. |
|
16,80,000 |
|
|
Debtors A/c |
Dr. |
|
3,36,000 |
|
|
--------To sales A/c |
|
|
|
18,00,000 |
|
--------To Output CGST A/c (cash) |
|
|
|
90,000 |
|
--------To Output SGST A/c (cash) |
|
|
|
90,000 |
|
--------To Output IGST A/c (Debtors) |
|
|
|
36,000 |
|
(Being sales goods by cash and credit, paid CGST andSGST 6% each and IGST 12%) |
|
|
|
|
|
|
|
|
|
|
x. |
Purchase A/c |
Dr. |
|
1,00,000 |
|
|
Input CGST A/c(cash) |
Dr. |
|
6,000 |
|
|
Input SGST A/c(cash) |
Dr. |
|
6,000 |
|
|
Input IGST A/c (Creditors) |
Dr. |
|
1,08,000 |
|
|
--------To Cash A/c |
|
|
|
1,12,000 |
|
--------To Creditors A/c |
|
|
|
10,08,000 |
|
(Being bought goods by cash and credit, paid CGST andSGST 6% each and IGST 12%) |
|
|
|
|
x. |
Bank A/c |
Dr. |
|
15,00,000 |
|
|
--------To Cash A/c |
|
|
|
15,00,000 |
|
(Being deposited cash) |
|
|
|
|
x. |
Bank A/c |
Dr. |
|
2,00,000 |
|
|
--------To Debtors A/c |
|
|
|
2,00,000 |
|
(Being cheque received debtors) |
|
|
|
|
|
|
|
|
|
|
xi. |
Creditors A/c |
Dr. |
|
8,90,000 |
|
|
--------To Bank A/c |
|
|
|
8,90,000 |
|
(Being paid to creditors by bank) |
|
|
|
|
|
|
|
|
|
|
xii. |
Bank Loan A/c |
Dr. |
|
20,000 |
|
|
--------To Bank A/c |
|
|
|
20,000 |
|
(Being Loan paid in Cash) |
|
|
|
|
|
|
|
|
|
|
Ledgers |
|||||||
Cash Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Balance b/d |
|
15,000 |
|
By Purchases A/c |
|
1,00,000 |
|
To Bad Debts A/c (Recovered) |
|
10,000 |
|
By Input CGST A/c(cash) |
|
6,000 |
|
To Sales A/c |
|
15,00,000 |
|
By Input CGST A/c(cash) |
|
6,000 |
|
To Output CGST A/c |
|
90,000 |
|
By Bank A/c |
|
15,00,000 |
|
To Output CGST A/c |
|
90,000 |
|
By Balance c/d |
|
93,000 |
|
|
|
|
|
|
|
|
|
|
|
17,05,000 |
|
|
|
17,05,000 |
Bank Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Balance b/d |
|
55,000 |
|
By Purchase A/c |
|
8,820 |
|
To Cash A/c |
|
15,00,000 |
|
By Input IGST A/c |
|
1,080 |
|
To Debtors A/c |
|
9,800 |
|
By Creditors A/c |
|
8,90,000 |
|
To Debtors A/c |
|
10,000 |
|
By Salaries A/c |
|
15,000 |
|
To Debtors A/c |
|
3,750 |
|
By Bank Loan A/c |
|
20,000 |
|
To Debtors A/c |
|
2,00,000 |
|
By Balance c/d |
|
8,43,650 |
|
|
|
|
|
|
|
|
|
|
|
17,78,550 |
|
|
|
17,78,550 |
Stock Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
|
|
|
|
|
|
|
|
To Balance b/d |
|
28,000 |
|
By Balance c/d |
|
28,000 |
|
|
|
|
|
|
|
|
|
|
|
28,000 |
|
|
|
28,000 |
Debtors Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
|
|
|
|
|
|
|
|
To Balance b/d |
|
25,000 |
|
By Bank A/c |
|
9,800 |
|
To sales A/c |
|
3,00,000 |
|
By Discount Allowed A/c |
|
200 |
|
To Output IGST A/c |
|
36,000 |
|
By Bank A/c |
|
10,000 |
|
|
|
|
|
By Bank A/c |
|
3,750 |
|
|
|
|
|
By Bad Debts A/c |
|
1,250 |
|
|
|
|
|
By Bank A/c |
|
2,00,000 |
|
|
|
|
|
By Balance c/d |
|
1,36,000 |
|
|
|
3,61,000 |
|
|
|
3,61,000 |
Furniture Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Balance b/d |
|
10,000 |
|
By Balance c/d |
|
10,000 |
|
|
|
|
|
|
|
|
|
|
|
10,000 |
|
|
|
10,000 |
Computer and printers Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Balance b/d |
|
50,000 |
|
By Balance c/d |
|
50,000 |
|
|
|
|
|
|
|
|
|
|
|
50,000 |
|
|
|
50,000 |
Delivery Van Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Balance b/d |
|
25,000 |
|
By Balance c/d |
|
25,000 |
|
|
|
|
|
|
|
|
|
|
|
25,000 |
|
|
|
25,000 |
Bank Loan Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Bank A/c |
|
20,000 |
|
By Balance b/d |
|
90,000 |
|
To Balance c/d |
|
70,000 |
|
|
|
|
|
|
|
90,000 |
|
|
|
90,000 |
Creditors Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Bank A/c |
|
8,90,000 |
|
By Balance b/d |
|
20,000 |
|
To Balance c/d |
|
1,38,000 |
|
By Purchase A/c |
|
9,00,000 |
|
|
|
|
|
By Output IGST A/c |
|
1,08,000 |
|
|
|
10,28,000 |
|
|
|
10,28,000 |
Bills Payable Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Balance c/d |
|
10,000 |
|
By Balance b/d |
|
10,000 |
|
|
|
|
|
|
|
|
|
|
|
10,000 |
|
|
|
10,000 |
Capital Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Balance c/d |
|
73,000 |
|
By Balance b/d |
|
73,000 |
|
|
|
|
|
|
|
|
|
|
|
73,000 |
|
|
|
73,000 |
Salaries Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Bank A/c |
|
15,000 |
|
By Balance c/d |
|
15,000 |
|
|
|
|
|
|
|
|
|
|
|
15,000 |
|
|
|
15,000 |
Purchases Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Bank A/c |
|
8,820 |
|
By Charity A/c |
|
1,000 |
|
To Discount Received A/c |
|
180 |
|
By Drawing A/c |
|
500 |
|
To Cash A/c |
|
1,00,000 |
|
By Balance c/d |
|
10,07,500 |
|
To Creditors A/c |
|
9,00,000 |
|
|
|
|
|
|
|
10,09,000 |
|
|
|
10,09,000 |
Discount Received Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Balance c/d |
|
180 |
|
By Purchases A/c |
|
180 |
|
|
|
|
|
|
|
|
|
|
|
180 |
|
|
|
180 |
Discount Allowed Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Debtors A/c |
|
200 |
|
By Balance c/d |
|
200 |
|
|
|
|
|
|
|
|
|
|
|
200 |
|
|
|
200 |
Bad Debts Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Debtors A/c |
|
1,250 |
|
By Balance c/d |
|
1,250 |
|
|
|
|
|
|
|
|
|
|
|
1,250 |
|
|
|
1,250 |
Charity Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Purchases A/c |
|
1,000 |
|
By Balance c/d |
|
1,120 |
|
To Input CGST A/c |
|
60 |
|
|
|
|
|
To Input SGST A/c |
|
60 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,120 |
|
|
|
1,120 |
Advertisement Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Purchases A/c |
|
500 |
|
By Balance c/d |
|
560 |
|
To Input IGST A/c |
|
60 |
|
|
|
|
|
|
|
560 |
|
|
|
560 |
Bad Debts (Recovered) Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Balance c/d |
|
10,000 |
|
By Cash A/c |
|
10,000 |
|
|
|
|
|
|
|
|
|
|
|
10,000 |
|
|
|
10,000 |
Sales Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Balance c/d |
|
18,00,000 |
|
By Cash A/c |
|
15,00,000 |
|
|
|
|
|
By Debtors A/c |
|
3,00,000 |
|
|
|
18,00,000 |
|
|
|
18,00,000 |
Input CGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Cash A/c |
|
6,000 |
|
By Charity A/c |
|
60 |
|
|
|
|
|
By Balance c/d |
|
5,940 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,000 |
|
|
|
6,000 |
Input SGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Cash A/c |
|
6,000 |
|
By Charity A/c |
|
60 |
|
|
|
|
|
By Balance c/d |
|
5,940 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,000 |
|
|
|
6,000 |
Input IGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Bank A/c |
|
1,080 |
|
By Balance c/d |
|
1,09,020 |
|
To Creditors A/c |
|
1,08,000 |
|
By Advertisement A/c |
|
60 |
|
|
|
1,09,080 |
|
|
|
1,09,080 |
Output CGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Balance c/d |
|
90,000 |
|
By Cash A/c |
|
90,000 |
|
|
|
|
|
|
|
|
|
|
|
90,000 |
|
|
|
90,000 |
Output CGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Balance c/d |
|
90,000 |
|
By Cash A/c |
|
90,000 |
|
|
|
|
|
|
|
|
|
|
|
90,000 |
|
|
|
90,000 |
Output IGST Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Rs. |
Date |
Particulars |
J.F. |
Rs. |
|
To Balance c/d |
|
36,000 |
|
By Debtors A/c |
|
36,000 |
|
|
|
|
|
|
|
|
|
|
|
36,000 |
|
|
|
36,000 |