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Class 11-commerce T S GREWAL Solutions Accountancy Chapter 11 - Special Purpose Books II - Other Books

Special Purpose Books II - Other Books Exercise 11.42

Solution PQ 1

 

 

 

Purchases Book

Date

Particulars

Invoice No.

L.F.

Details

Cost

Input

CGST

Input SGST

Input

IGST

Total

May 01

M/s Chunni Lal Mam Raj, Delhi

 

 

 

 

 

 

 

 

 

100 bags of ITC Wheat Atta @ Rs 530 per bag

 

 

53,000

 

 

 

 

 

 

50 bags of Rice Basmati @ Rs 500 per bag

 

 

25,000

 

 

 

 

 

 

 

 

 

78,000

 

 

 

 

 

 

Less: 10% T.D.

 

 

7,800

 

 

 

 

 

 

 

 

 

70,200

 

 

 

 

 

 

Add: CGST @ 6%

 

 

4,212

 

 

 

 

 

 

Add: SGST @ 6%

 

 

4,212

 

 

 

 

 

 

 

 

 

78,624

70,200

4,212

4,212

-

78,624

 

 

 

 

 

 

 

 

 

 

May 03

M/s Kanodia Oil Mills, Delhi

 

 

 

 

 

 

 

 

 

40 tins Oil @ Rs 1,500 per tin

 

 

60,000

 

 

 

 

 

 

20 tins Banaspati Oil @ Rs 900 per tin

 

 

18,000

 

 

 

 

 

 

 

 

 

78,000

 

 

 

 

 

 

Less: 5% T.D.

 

 

3,900

 

 

 

 

 

 

 

 

 

74,100

 

 

 

 

 

 

Add: CGST @ 6% 

 

 

4,446

 

 

 

 

 

 

Add: SGST @ 6%

 

 

4,446

 

 

 

 

 

 

 

 

 

82,992

74,100

4,446

4,446

-

82,992

May 03

M/s Gupta Bros., Hapur

 

 

 

 

 

 

 

 

 

25 bags gram @ Rs 480 per bag

 

 

12,000

 

 

 

 

 

 

40 bags Oats @ Rs 25 per bag

 

 

1,000

 

 

 

 

 

 

 

 

 

13,000

 

 

 

 

 

 

Less: 5% T.D.

 

 

650

 

 

 

 

 

 

 

 

 

12,350

 

 

 

 

 

 

Add: IGST @ 12%

 

 

1,482

 

 

 

 

 

 

 

 

 

13,832

12,350

-

-

1,482

13,832

 

 

 

 

 

1,56,650

8,658

8,658

1,482

1,75,448

 

 

 

 

 

 

 

 

 

 

 

 

 

Solution PQ 2

 

Verma Bros.

Purchases Book 

Date

Name of Supplier

(Account to be credited)

 

Invoice No.

L.F.

Details

Rs. 

Rs. 

2019

 

 

 

 

 

 

Jan 03

M/s. Birla Mills

 

 

 

 

 

 

100 pieces long cloth @ Rs.800 each

 

 

 

80,000

 

 

50 pieces shirting @ Rs.500 each

 

 

 

25,000

 

 

 

 

 

 

1,05,000

 

 

Add: Input CGST @6%

 

 

 

6,300

 

 

Add: Input SGST @6%

 

 

 

6,300

1,17,600

Jan 15

M/s. Arvind Mills

 

 

 

 

 

 

20 pieces coating @ Rs.2,000 each

 

 

 

40,000

 

 

10 pieces shirting @ Rs.500 each

 

 

 

5,000

 

 

 

 

 

 

45,000

 

 

Add: Input IGST @12%

 

 

 

5,400

50,400

Jan 30

Purchases A/c

Dr.

 

 

 

1,68,000

 

Note:

a. Cash purchases made on 8th Jan will be recorded in cash book as it is cash transaction and not credit.

b. Purchase of Typewriters on 20th Jan is not recorded in Purchase book as it is not goods that the firm trade in. It is an asset for the firm and not goods (i.e., stock)

 

 

Special Purpose Books II - Other Books Exercise 11.43

Solution PQ 3

 

 

Purchases Book

Date

Name of Supplier

(Account to be credited)

 

Invoice No.

L.F.

Details

Rs. 

Cost

Rs. 

Freight

Rs. 

CGST

Rs. 

SGST

Rs. 

IGST

Rs. 

Total

Rs. 

2019

 

 

 

 

 

 

 

 

 

 

 

Apr 01

Videocon India Ltd. Kolkata

 

 

 

 

 

 

 

 

 

 

 

30 Colour T.V. @ Rs.15,000 each

 

 

 

4,50,000

 

 

 

 

 

 

 

Less: 10% Trade Discount

 

 

 

45,000

 

 

 

 

 

 

 

 

 

 

 

4,05,000

 

 

 

 

 

 

 

Add: Input IGST @ 12%

 

 

 

48,600

4,05,000

2,000

 

 

48,600

4,55,600

Apr 15

Soni India Ltd. Guwahti

 

 

 

 

 

 

 

 

 

 

 

10 Colour T.V. @ Rs.20,000

 

 

 

2,00,000

 

 

 

 

 

 

 

Less: 10% Trade Discount

 

 

 

20,000

 

 

 

 

 

 

 

 

 

 

 

1,80,000

 

 

 

 

 

 

 

Add: Input CGST @ 6% 

 

 

 

10,800

 

 

 

 

 

 

 

Add: Input SGST @ 6% 

 

 

 

10,800

1,80,000

 

10,800

10,800

 

2,01,600

Apr 20

Music India Ltd., Delhi

 

 

 

 

 

 

 

 

 

 

 

10 Music System @ Rs.10,000

 

 

 

1,00,000

 

 

 

 

 

 

 

Less: 15% Trade Discount

 

 

 

15,000

 

 

 

 

 

 

 

 

 

 

 

85,000

 

 

 

 

 

 

 

Add: Input IGST @ 12% 

 

 

 

10,200

85,000

 

 

 

10,200

95,200

Apr 30

Videocon India Ltd. Kolkata

 

 

 

 

 

 

 

 

 

 

 

5 Washing Machines @ Rs.15,000 each

 

 

 

75,000

 

 

 

 

 

 

 

Less: 20% Trade Discount

 

 

 

15,000

 

 

 

 

 

 

 

 

 

 

 

60,000

 

 

 

 

 

 

 

Add: Input IGST @ 12% 

 

 

 

7,200

60,000

1,000

 

 

7,200

68,200

Apr 30

Purchases A/c

Dr.

 

 

 

7,30,000

3,000

10,800

10,800

66,000

8,20,600

 

 

Purchases Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Apr 30

To Sundries as per Purchases Book

 

7,30,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Freight Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Apr 01

To Videocon India Ltd. A/c

 

2,000

 

 

 

 

Apr 30

To Videocon India Ltd. A/c

 

1,000

 

 

 

 

 

 

Videocon India Ltd. Kolkata

Dr. 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Apr 01

By Purchases A/c

 

4,05,000

 

 

 

 

Apr 01

By Input IGST A/c

 

48,600

 

 

 

 

Apr 01

By Freight A/c

 

2,000

 

 

 

 

Apr 30

By Purchases A/c

 

60,000

 

 

 

 

Apr 30

By Input IGST A/c

 

7,200

 

 

 

 

Apr 30

By Freight A/c

 

1,000

 

 

Soni India Ltd. Guwahti

Dr. 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Apr 15

By Purchases A/c

 

1,80,000

 

 

 

 

Apr 15

By Input CGST A/c

 

10,800

 

 

 

 

Apr 15

By Input SGST A/c

 

10,800

 

 

 

 

 

 

 

 

 

 

Music India Ltd., Delhi

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Apr 20

By Purchases A/c

 

85,000

 

 

 

 

Apr 20

By Input IGST A/c

 

10,200

 

 

Input CGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 30

To Sundries as per Purchases Book

 

10,800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Input SGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 30

To Sundries as per Purchases Book

 

10,800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Input IGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 30

To Sundries as per Purchases Book

 

66,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Solution PQ 4

 

In the books of M/s. B.K. Gupta, Kolkata

Purchases Book 

Date

Name of Supplier

(Account to be credited)

 

Invoice No.

L.F.

Details

Rs. 

Cost

Rs. 

Packing and Other Charges

Rs. 

CGST

Rs. 

SGST

Rs. 

IGST

Rs. 

Total

Rs. 

2019

 

 

 

 

 

 

 

 

 

 

 

Apr 08

Subodh Brothers, Delhi

 

 

 

 

 

 

 

 

 

 

 

5 chests of tea @ Rs.7,000 per chest

 

 

 

35,000

 

 

 

 

 

 

 

Less: 10% Trade Discount

 

 

 

3,500

 

 

 

 

 

 

 

 

 

 

 

31,500

 

 

 

 

 

 

 

Add: Input IGST @ 12%

 

 

 

3780

31,500

500

 

 

3,780

35,780

Apr 20

Siliguri Tea Agency, Siliguri, west Bangal

 

 

 

 

 

 

 

 

 

 

 

15 Boxes Tea @ Rs. 600 per Box

 

 

 

9,000

 

 

 

 

 

 

 

Less: 10% Trade Discount

 

 

 

900

 

 

 

 

 

 

 

 

 

 

 

8,100

 

 

 

 

 

 

 

Add: Input CGST @ 6% 

 

 

 

486

 

 

 

 

 

 

 

Add: Input SGST @ 6% 

 

 

 

486

8,100

50

486

486

 

9,122

Apr 30

Purchase A/c

Dr.

 

 

 

39,600

550

486

486

3,780

44,902

 

 

Purchases Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Apr 30

To Sundries as per Purchases Book

 

39,600

 

 

 

 

 

 

 

Packing and Other Charges Account

Dr. 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Apr 08

To Subodh Brothers A/c

 

500

 

 

 

 

Apr 20

To Siliguri Tea Agency A/c

 

50

 

 

 

 

 

 

Subodh Brothers Account

Dr. 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Apr 08

By Purchases A/c

 

31,500

 

 

 

 

Apr 08

By Input IGST A/c

 

3,780

 

 

 

 

Apr 08

By Freight and Other Charges A/c

 

500

 

 

Siliguri Tea Agency Account

Dr. 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Apr 20

By Purchases A/c

 

8,100

 

 

 

 

Apr 20

By Input CGST A/c

 

486

 

 

 

 

Apr 20

By Input SGST A/c

 

486

 

 

 

 

Apr 20

By Freight and Other Charges A/c

 

50

 

 

Input CGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 30

To Sundries as per Purchases Book

 

486

 

 

 

 

 

 

 

 

 

 

 

 

 

Input SGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 30

To Sundries as per Purchases Book

 

486

 

 

 

 

 

 

 

 

 

 

 

 

 

Input IGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 30

To Sundries as per Purchases Book

 

3,780

 

 

 

 

 

 

 

 

 

 

 

 

 

Note:

a. Cash purchases made on 12th April will be recorded in cash book as it is cash transaction and not credit.

b. Purchase of show cases on 18th April is not recorded in Purchase book as it is not goods that the firm trade in. It is an asset for the firm and not goods (i.e., stock)

c. Purchases made on 25th April will not be recorded in purchases book as it is purchased for household consumption for the proprietor and not for the trading purpose of the firm.

 

Solution PQ 5

 

Sales Book

Date

Name of Customer

(Account to be debited)

 

Invoice No.

L.F.

Details

Rs. 

Rs. 

2019

 

 

 

 

 

 

Apr 01

M/s Gupta Furniture House, Delhi

 

 

 

 

 

 

100 Chairs @ Rs.1,500 per chair

 

 

 

1,50,000

 

 

40 Tables @ Rs.2,000 per table

 

 

 

80,000

 

 

 

 

 

 

2,30,000

 

 

Less: 5% Trade Discount

 

 

 

(11,500)

 

 

 

 

 

 

2,18,500

 

 

Add: Output IGST @ 12%

 

 

 

26,220

2,44,720

Apr 10

M/s. Ajit Singh and Sons, Amritsar

 

 

 

 

 

 

150 Desks @ Rs.1,000 per desk

 

 

 

1,50,000

 

 

160 Chairs @ Rs.1,500 per Chair

 

 

 

2,40,000

 

 

 

 

 

 

3,90,000

 

 

Less: 5% Trade Discount

 

 

 

(19,500)

 

 

 

 

 

 

3,70,500

 

 

Add: Output CGST @ 6% 

 

 

 

22,230

 

 

Add: Output SGST @ 6% 

 

 

 

22,230

4,14,960

Apr 15

M/s. Ideal Furniture House, Darjeeling

 

 

 

 

 

 

10 Sofa sets @ Rs.75,000 each

 

 

 

7,50,000

 

 

5 Almirahs @ each Rs.3,000 each

 

 

 

15,000

 

 

25 Office Tables @ Rs.4,000 each

 

 

 

1,00,000

 

 

 

 

 

 

8,65,000

 

 

Less: 10% Trade Discount

 

 

 

(86,500)

 

 

 

 

 

 

7,78,500

 

 

Add: Output CGST @ 6% 

 

 

 

46,710

 

 

Add: Output SGST @ 6% 

 

 

 

46,710

8,71,920

Apr 30

Sales A/c

Cr.

 

 

 

15,31,600

 

 

Sales Account

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Apr 30

By Sundries as per the Sales Book

 

13,67,500

 

 

M/s. Gupta Furniture House, Delhi Account

Dr. 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Apr 01

To Sales A/c

 

2,18,500

 

 

 

 

Apr 01

To Output IGST A/c

 

26,220

 

 

 

 

 

 

M/s. Ajit Singh and Sons, Amritsar Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Apr 10

To Sales A/c

 

3,70,500

 

 

 

 

Apr 10

To Output CGST A/c

 

22,230

 

 

 

 

Apr 10

To Output SGST A/c

 

22,230

 

 

 

 

 

 

M/s. Ideal Furniture House, Darjeeling Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Apr 15

To Sales A/c

 

90,000

 

 

 

 

Apr 15

To Output CGST A/c

 

46,710

 

 

 

 

Apr 15

To Output SGST A/c

 

46,710

 

 

 

 

 

 

Output CGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

 

 

 

 

Apr 30

By Sundries as per the Sales Book

 

68,940

 

 

 

 

 

 

 

 

 

Output SGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

 

 

 

 

Apr 30

By Sundries as per the Sales Book

 

68,940

 

 

 

 

 

 

 

 

 

Output IGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

 

 

 

 

Apr 30

By Sundries as per the Sales Book

 

26,220

 

 

 

 

 

 

 

 

 

 

Special Purpose Books II - Other Books Exercise 11.44

Solution PQ 6

 

In the books of M/s. Gyan Prasad and Bros.

Sales Book

Date

Name of Customer

(Account to be debited)

 

Invoice No.

L.F.

Details

Rs. 

Total

Rs. 

2018

 

 

 

 

 

 

July 01

M/s. Stationery Mart, Delhi

 

 

 

 

 

 

10 Reams of White Paper @ Rs.300 per ream

 

 

 

3,000

 

 

Add: Output CGST @6%

 

 

 

180

 

 

Add: Output SGST @6%

 

 

 

180

3,360

July 02

M/s Puran Chand and Co., Chandigarh:

 

 

 

 

 

 

6 Dozens Inkpot @ Rs.200 per dozen

 

 

 

1,200

 

 

Add: Output IGST @12%

 

 

 

144

1,344

July 25

M/s. Rahim and Co., Varanasi

 

 

 

 

 

 

10 Drawing Boards @  Rs.500 per piece

 

 

 

5,000

 

 

Add: Output IGST @12%

 

 

 

600

5,600

July 30

M/s. Kay Ceeand Co., Delhi

 

 

 

 

 

 

4 Portable Study Tables @  Rs.5,000 each

 

 

 

20,000

 

 

Add: Output CGST @6%

 

 

 

1,200

 

 

Add: Output SGST @6%

 

 

 

1,200

22,400

July 31

Sales A/c

Cr.

 

 

 

32,704

Note:

a. Sale of old newspaper on 10th July is not recorded in Sales book as it is not goods that the firm trade in.

 

 

 

Sales Account

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2018

 

 

 

 

 

 

 

July 31

By Sundries as per the Sales Book

 

29,200

 

 

M/s. Stationery Mart, Delhi Account

Dr. 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

 

 

 

 

July 01

To Sales A/c

 

3,000

 

 

 

 

July 01

To Output CGST A/c

 

180

 

 

 

 

July 01

To Output SGST A/c

 

180

 

 

 

 

 

 

M/s Puran Chand and Co., Chandigarh Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

 

 

 

 

July 02

To Sales A/c

 

1,200

 

 

 

 

July 02

To Output IGST A/c

 

144

 

 

 

 

 

 

M/s. Rahim and Co., Varanasi Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

 

 

 

 

July 25

To Sales A/c

 

5,000

 

 

 

 

July 25

To Output IGST A/c

 

600

 

 

 

 

 

M/s. Kay Ceeand Co., Delhi Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

 

 

 

 

July 30

To Sales A/c

 

20,000

 

 

 

 

July 30

To Output CGST A/c

 

1,200

 

 

 

 

July 30

To Output SGST A/c

 

1,200

 

 

 

 

 

 

Output CGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

2018

 

 

 

 

 

 

 

July 31

By Sundries as per the Sales Book

 

1,380

 

 

 

 

 

 

 

 

 

 

Output SGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

2018

 

 

 

 

 

 

 

July 31

By Sundries as per the Sales Book

 

1,380

 

 

 

 

 

 

 

 

 

 

Output IGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

2018

 

 

 

 

 

 

 

July 31

By Sundries as per the Sales Book

 

744

 

 

 

 

 

 

 

 

 

 

Solution PQ 7

 

In the books of Gupta and Co.

Sales Book

Date

Name of Customer

(Account to be debited)

 

Invoice No.

L.F.

Details

Rs. 

Total

Rs. 

2019

 

 

 

 

 

 

Jan 05

Hari and Co., Kolkata

 

 

 

 

 

 

10 Tables @ Rs.1,100 each

 

 

 

11,000

 

 

20 chairs @ Rs.1,000 each

 

 

 

20,000

 

 

 

 

 

 

31,000

 

 

Add: Output CGST @6%

 

 

 

1,860

 

 

Add: Output SGST @6%

 

 

 

1,860

34,720

Jan 10

M/s Sharma and Co., Delhi

 

 

 

 

 

 

5 Almirahs @ Rs.5,000 each

 

 

 

25,000

 

 

5 Stools @ Rs.1,000 each

 

 

 

5,000

 

 

 

 

 

 

30,000

 

 

Add: Output IGST @12%

 

 

 

3,600

33,600

Jan 25

M/s. Sohan Lal and Bros., Kolkata

 

 

 

 

 

 

5 Tables @ Rs.2,500 each

 

 

 

12,500

 

 

1 Revolving Chair @ Rs.5,000

 

 

 

5,000

 

 

 

 

 

 

17,500

 

 

Add: Output CGST @6%

 

 

 

1,050

 

 

Add: Output SGST @6%

 

 

 

1,050

19,600

Jan 31

Sales A/c 

Cr.

 

 

 

87,920

 

Note:

a. Sale of old typewriter on 20th January is not recorded in Sales book as it is not goods that the firm trade in. It is an asset for the firm and not goods (i.e., stock)

 

 

Sales Account

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Jan 31

By Sundries as per the Sales Book

 

78,500

 

 

Hari and Co., Kolkata Account

Dr. 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Jan 05

To Sales A/c

 

31,000

 

 

 

 

Jan 05

To Output CGST A/c

 

1,860

 

 

 

 

Jan 05

To Output SGST A/c

 

1,860

 

 

 

 

 

 

M/s Sharma and Co., Delhi Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Jan 10

To Sales A/c

 

30,000

 

 

 

 

Jan 10

To Output IGST A/c

 

3,600

 

 

 

 

 

 

M/s. Sohan Lal and Bros., Kolkata Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Jan 25

To Sales A/c

 

17,500

 

 

 

 

Jan 25

To Output CGST A/c

 

1,050

 

 

 

 

Jan 25

To Output SGST A/c

 

1,050

 

 

 

 

 

 

Output CGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

 

 

 

 

Jan 31

By Sundries as per the Sales Book

 

2,910

 

 

 

 

 

 

 

 

 

 

Output SGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

2019

 

 

 

 

 

 

 

Jan 31

By Sundries as per the Sales Book

 

2,910

 

 

 

 

 

 

 

 

 

 

Output IGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

 

 

 

 

Jan 31

By Sundries as per the Sales Book

 

3,600

 

 

 

 

 

 

 

 

 

 

 

Special Purpose Books II - Other Books Exercise 11.45

Solution PQ 8

 

Purchases Book

Date

Particulars

Invoice No.

L.F.

Details

Cost

Input

CGST

Input SGST

Input

IGST

Total

Jan 01

M/s Uma Dutt, Mumbai

 

 

 

 

 

 

 

 

 

1000 Registers @ Rs 80 each

 

 

80,000

 

 

 

 

 

 

50 Reams of Paper @ Rs 250 per ream

 

 

12,500

 

 

 

 

 

 

 

 

 

92,500

 

 

 

 

 

 

Less: 25% T.D.

 

 

23,125

 

 

 

 

 

 

 

 

 

69,375

 

 

 

 

 

 

Add: IGST @ 5%

 

 

3,468.75

 

 

 

 

 

 

 

 

 

72,843.75

69,375

-

-

3,468.75

72,843.75

 

 

 

 

 

 

 

 

 

 

Jan 08

BILT, Delhi

 

 

 

 

 

 

 

 

 

100 Reams Ruled Paper @ Rs 600 per ream

 

 

60,000

 

 

 

 

 

 

Less: 15% T.D.

 

 

9,000

 

 

 

 

 

 

 

 

 

51,000

 

 

 

 

 

 

Add: IGST @ 5% 

 

 

2,550

 

 

 

 

 

 

 

 

 

53,550

51,000

-

-

2,550

53,550

Jan 25

Hari Ram, Delhi

 

 

 

 

 

 

 

 

 

1,000 Pens @ Rs 10 each

 

 

10,000

 

 

 

 

 

 

Less: 15% T.D.

 

 

1,500

 

 

 

 

 

 

 

 

 

8,500

 

 

 

 

 

 

Add: IGST @ 5%

 

 

425

 

 

 

 

 

 

 

 

 

8,925

8,500

-

-

425

8,925

 

 

 

 

 

1,28,875

-

-

6,443.75

1,35,318.75

 

 

 

 

 

 

 

 

 

 

 

 

Sales Book

Date

Particulars

Bill No.

L.F.

Details

Value

Output

CGST

Output SGST

Output

IGST

Total

Jan 02

Shri Dayal, Bengaluru

 

 

 

 

 

 

 

 

 

250 Registers @ Rs 85 each

 

 

21,250

 

 

 

 

 

 

5 Reams Paper @ Rs 300 per ream

 

 

1,500

 

 

 

 

 

 

 

 

 

22,750

 

 

 

 

 

 

Add: CGST @ 2.5%

 

 

568.75

 

 

 

 

 

 

Add: SGST @ 2.5%

 

 

568.75

 

 

 

 

 

 

 

 

 

23,887.50

22,750

568.75

568.75

-

23,887.50

 

 

 

 

 

 

 

 

 

 

Jan 12

Gupta Bros., Delhi

 

 

 

 

 

 

 

 

 

250 Resisters @ Rs 85 each

 

 

21,250

 

 

 

 

 

 

50 Reams Ruled Paper @ Rs 700 per ream

 

 

35,000

 

 

 

 

 

 

 

 

 

56,250

 

 

 

 

 

 

Less: 5% T.D.

 

 

2,812.50

 

 

 

 

 

 

 

 

 

53,437.50

 

 

 

 

 

 

Add: IGST @ 5% 

 

 

2,671.88

 

 

 

 

 

 

 

 

 

56,109.38

53,437.50

-

-

2,671.88

56,109.38

Jan 18

Ram Saran Das

 

 

 

 

 

 

 

 

 

20 copies Double Entry Book Keeping @ Rs 85 each

 

 

1,700

 

 

 

 

 

 

 

 

 

1,700

1,700

-

-

-

1,700

Jan 31

Rishi Kumar, Bengaluru

 

 

 

 

 

 

 

 

 

300 Resisters @ Rs 90 each

 

 

27,000

 

 

 

 

 

 

50 Reams Ruled Paper @ Rs 700 per ream

 

 

35,000

 

 

 

 

 

 

20 Reams Paper @ Rs 300 per ream

 

 

6,000

 

 

 

 

 

 

 

 

 

68,000

 

 

 

 

 

 

Less: 10% T.D.

 

 

6,800

 

 

 

 

 

 

 

 

 

61,200

 

 

 

 

 

 

Add: CGST @ 2.5% 

 

 

1,530

 

 

 

 

 

 

Add: SGST @ 2.5%

 

 

1,530

 

 

 

 

 

 

 

 

 

64,260

61,200

1,530

1,530

-

64,260

 

 

 

 

 

1,39,087.50

2,098.75

2,098.75

2,671.88

1,45,956.88

 

 

 

 

 

 

 

 

 

 

 

 

 

Solution PQ 9

 

 

In the books of Aruna Stores

Purchases Return Book

Date

Name of Supplier

(Account to be debited)

 

Debit Note No.

L.F.

Details

Rs. 

Rs. 

2019

 

 

 

 

 

 

Jan 10

Sohan and Sons, Kolkata

 

 

 

 

 

 

10 Rohtas Fans 36'' @ Rs.1,250

 

 

 

12,500

 

 

Less: 10% Trade Discount

 

 

 

1,250

 

 

 

 

 

 

11,250

 

 

Add: Input CGST @6%

 

 

 

675

 

 

Add: Input SGST @6%

 

 

 

675

12,600

Jan 25

Ram and Co., Delhi

 

 

 

 

 

 

25 Tubelights @ Rs.200 per doz.

 

 

 

5,000

 

 

Add: Output CGST @12%

 

 

 

600

5,600

Jan 31

Purchases Return A/c

Cr.

 

 

 

18,200

 

 

Purchases Return Account

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Jan 31

By Sundries as per the Purchases Return Book

 

16,250

 

 

Sohan and Sons, Kolkata Account

Dr. 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Jan 10

To Purchases Return A/c

 

11,250

 

 

 

 

Jan 10

To Input CGST A/c

 

675

 

 

 

 

Jan 10

To Input SGST A/c

 

675

 

 

 

 

 

 

Ram and Co., Delhi Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Jan 25

To Purchases Return A/c

 

5,000

 

 

 

 

Jan 25

To Input IGST A/c

 

600

 

 

 

 

 

 

Input CGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

 

 

 

 

Jan 31

By Sundries as per the Purchases Return Book

 

675

 

 

 

 

 

 

 

 

 

Input SGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

2019

 

 

 

 

 

 

 

Jan 31

By Sundries as per the Purchases Return Book

 

675

 

 

 

 

 

 

 

 

 

Input IGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

2019

 

 

 

 

 

 

 

Jan 31

By Sundries as per the Purchases Return Book

 

600

 

 

 

 

 

 

 

 

 

 

 

Special Purpose Books II - Other Books Exercise 11.46

Solution PQ 10

 

Purchases Return Book

Date

Particulars

Debit Note No.

L.F.

Details

Cost

Input

CGST

Input SGST

Input

IGST

Total

Apr 06

Ramesh Bros., Delhi

 

 

5,000

 

 

 

 

 

 

Add: CGST @ 6%

 

 

300

 

 

 

 

 

 

Add: SGST @ 6%

 

 

300

 

 

 

 

 

 

 

 

 

5,600

5,000

300

300

-

5,600

 

 

 

 

 

 

 

 

 

 

Apr 08

Sohan Bros., Meerut

 

 

10,000

 

 

 

 

 

 

Add: IGST @ 12% 

 

 

1,200

 

 

 

 

 

 

 

 

 

11,200

10,000

-

-

1,200

11,200

 

 

 

 

 

 

 

 

 

 

Apr 17

Mahesh Bros.

 

 

2,000

 

 

 

 

 

 

Add: CGST @ 6%

 

 

120

 

 

 

 

 

 

Add: SGST @ 6%

 

 

120

 

 

 

 

 

 

 

 

 

2,240

2,000

120

120

-

2,240

 

 

 

 

 

17,000

420

420

1,200

19,040

 

 

 

 

 

 

 

 

 

 

 

 

 

Solution PQ 11

 

Sales Return Book

Date

Particulars

Credit Note No.

L.F.

Details

Value

Output

CGST

Output SGST

Output

IGST

Total

Feb 10

Rama Stores, Delhi

 

 

 

 

 

 

 

 

 

2 TV Sony @ Rs 20,000 each

 

 

40,000

 

 

 

 

 

 

Add: CGST @ 9% each

 

 

3,600

 

 

 

 

 

 

Add: SGST @ 9% each

 

 

3,600

 

 

 

 

 

 

 

 

 

47,200

40,000

3,600

3,600

-

47,200

 

 

 

 

 

 

 

 

 

 

Feb 20

Sohan Singh and Co., Dehradun

 

 

 

 

 

 

 

 

 

3 Washing Machines Videocon @ Rs 10,000 each

 

 

30,000

 

 

 

 

 

 

Add: IGST @ 18%

 

 

5,400

 

 

 

 

 

 

 

 

 

35,400

30,000

-

-

5,400

35,400

 

 

 

 

 

70,000

3,600

3,600

5,400

82,600

 

 

 

 

 

 

 

 

 

 

 

 

 

Solution PQ 12

 

 

In the books of Raj Stores

Sales Return Book

Date

Name of Customer

(Account to be credited)

 

Credit Note No.

L.F.

Details

Rs. 

Rs. 

2018

 

 

 

 

 

 

July 01

Sohan and Sons, Delhi

 

 

 

 

 

 

2 Laptops HP @ Rs.40,000 each

 

 

 

80,000

 

 

Add: Output CGST @6%

 

 

 

4,800

 

 

Add: Output SGST @6%

 

 

 

4,800

89,600

July 02

Ramesh and Sons, Noida

 

 

 

 

 

 

2 'Ricoh' printers @ Rs.10,000 each

 

 

 

20,000

 

 

Add: Output IGST @12%

 

 

 

2,400

22,400

July 25

Dinesh, Chandigarh

 

 

 

 

 

 

10 HP Desktops @ Rs.20,000

 

 

 

2,00,000

 

 

Add: Output IGST @12%

 

 

 

24,000

2,24,000

July 31

Sales Return A/c

Dr.

 

 

 

3,36,000

 

Note:

a. Goods returned by Ravi on 26th July will be recorded in cash book as it is cash transaction and not credit.

 

 

Sales Return Account

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

 

 

 

 

July 31

By Sundries as per the Sales Return Book

 

3,00,000

 

 

 

 

 

 

Sohan and Sons, Delhi Account

Dr. 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2018

 

 

 

 

 

 

 

July 01

To Sales Return A/c

 

80,000

 

 

 

 

July 01

To Output CGST A/c

 

4,800

 

 

 

 

July 01

To Output SGST A/c

 

4,800

 

 

Ramesh and Sons, Noida Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2018

 

 

 

 

 

 

 

July 02

To Sales Return A/c

 

20,000

 

 

 

 

July 02

To Output IGST A/c

 

2,400

 

Dinesh, Chandigarh Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2018

 

 

 

 

 

 

 

July 25

To Sales Return A/c

 

2,00,000

 

 

 

 

July 25

To Output IGST A/c

 

24,000

 

 

Output CGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

 

 

 

 

July 31

By Sundries as per the Sales Return Book

 

4,800

 

 

 

 

 

 

 

 

 

 

 

 

 

Output SGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

 

 

 

 

July 31

By Sundries as per the Sales Return Book

 

4,800

 

 

 

 

 

 

 

 

 

 

 

 

 

Output IGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2018

 

 

 

 

 

 

 

July 31

By Sundries as per the Sales Return Book

 

26,400

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Solution PQ 13

 

 

Returns Inwards Book

Date

Name of Customer

(Account to be credited)

 

Credit Note No.

L.F.

Details

Rs. 

Rs. 

2019

 

 

 

 

 

 

Mar 01

Mathur Bros., New Delhi

 

 

 

 

 

 

5 pairs of Shoes @ Rs.2,000 per pair

 

 

 

10,000

 

 

Less: Trade Discount 10%

 

 

 

(1,000)

 

 

 

 

 

 

9,000

 

 

Add: Output IGST @18%

 

 

 

1,620

10,620

Mar 12

Baluja Shoes Co., Mumbai

 

 

 

 

 

 

12 pairs of Ladies Chappals @ Rs.4,000 per pair

 

 

 

48,000

 

 

Less: 10% Trade Discount

 

 

 

(4,800)

 

 

 

 

 

 

43,200

 

 

Add: Output CGST @9%

 

 

 

3,888

 

 

Add: Output SGST @9%

 

 

 

3,888

50,976

Mar 31

Return Inward A/c

Dr.

 

 

 

61,596

 

 

Returns Inwards Account

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Mar 31

By Sundries as per the Return Inwards Book

 

52,200

 

 

 

 

 

 

Mathur Bros., New Delhi Account

Dr. 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Mar 01

To Return Inwards A/c

 

9,000

 

 

 

 

Mar 01

To Output CGST A/c

 

1,620

 

 

 

 

 

 

 

 

 

 

Baluja Shoes Co., Mumbai Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Mar 12

To Return Inwards A/c

 

43,200

 

 

 

 

Mar 12

To Output CGST A/c

 

3,888

 

 

 

 

Mar 12

To Output SGST A/c

 

3,888

 

 

 

Output CGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Mar 31

By Sundries as per the Return Inwards Book

 

3,888

 

 

 

 

 

 

 

 

 

 

 

 

 

Output SGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Mar 31

By Sundries as per the Return Inwards Book

 

3,888

 

 

 

 

 

 

 

 

 

 

 

 

 

Output IGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Mar 31

By Sundries as per the Return Inwards Book

 

1,620

 

 

 

 

 

 

 

 

 

 

 

 

 

Returns Outwards Book

Date

Name of Supplier

(Account to be debited)

 

Debit Note No.

L.F.

Details

Rs. 

Rs. 

2019

 

 

 

 

 

 

Mar 05

Kanpur Leather Private Ltd., Kanpur

 

 

 

 

 

 

100 pairs of Chappals @ Rs.300 per pair

 

 

 

30,000

 

 

Less: 15% Trade Discount

 

 

 

(4,500)

 

 

 

 

 

 

25,500

 

 

Add: Input IGST @18%

 

 

 

4,590

30,090

Mar 20

Bata Shoes Pvt. Ltd., Mumbai

 

 

 

 

 

 

100 pairs B.S.C Canvas Shoes @ Rs.500 per pair

 

 

 

50,000

 

 

Less: 15% Trade Discount

 

 

 

(7,500)

 

 

 

 

 

 

42,500

 

 

Add: Input CGST @9%

 

 

 

3,825

 

 

Add: Input SGST @9%

 

 

 

3,825

50,150

Mar 31

Return Outward A/c

Cr.

 

 

 

80,240

 

 

Returns Outward Account

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Mar 31

By Sundries as per the Returns Outward Book

 

68,000

 

Kanpur Leather Private Ltd., Kanpur Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Mar 05

To Returns Outward A/c

 

25,500

 

 

 

 

Mar 05

To Input IGST A/c

 

4,590

 

 

 

 

 

 

Bata Shoes Pvt. Ltd., Mumbai Account

Dr. 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

 

 

 

 

Mar 20

To Returns Outward A/c

 

42,500

 

 

 

 

Mar 20

To Input CGST A/c

 

3,825

 

 

 

 

Mar 20

To Input SGST A/c

 

3,825

 

 

 

 

 

 

Input CGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

 

 

 

 

Mar 31

By Sundries as per the Returns Outward Book

 

3,825

 

 

 

 

 

 

 

 

 

Input SGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

 

 

 

 

Mar 31

By Sundries as per the Returns Outward Book

 

3,825

 

 

 

 

 

 

 

 

 

Input IGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

 

 

 

 

Mar 31

By Sundries as per the Returns Outward Book

 

4,590

 

 

 

 

 

 

 

 

 

 

 

 

Special Purpose Books II - Other Books Exercise 11.47

Solution PQ 14

 

Journal 

Date 

Particulars 

L.F. 

Debit 

Amount 

(Rs.) 

Credit 

Amount 

(Rs.) 

31/3/19

Trading A/c

Dr.

 

42,875

 

 

To Purchases A/c

 

 

 

37,500

 

 To Carriage Inwards A/c

 

 

 

375

 

To Wages A/c

 

 

 

5,000

 

(Direct expenses debited to Trading A/c)

 

 

 

 

 

 

 

 

 

 

 

Sales A/c

Dr.

 

95,000

 

 

To Trading A/c

 

 

 

95,000

 

(Sales credited to Trading A/c)

 

 

 

 

 

 

 

 

 

 

 

Trading A/c

Dr.

 

52,125

 

 

To Profit and Loss A/c

 

 

 

52,125

 

(Transfer of gross profit to PandL A/c)

 

 

 

 

 

 

 

 

 

 

 

Profit and Loss A/c

Dr.

 

7,650

 

 

To Discount A/c

 

 

 

150

 

 To Carriage Outwards A/c

 

 

 

600

 

To Bad Debts A/c

 

 

 

750

 

To Salaries A/c

 

 

 

3,600

 

To Trade Expenses A/c

 

 

 

2,550

 

(Indirect expenses debited to PandL A/c)

 

 

 

 

 

 

 

 

 

 

 

Discount A/c

Dr.

 

175

 

 

Commission A/c

Dr.

 

2,125

 

 

To Profit and Loss A/c

 

 

 

2,300

 

(Indirect incomes credited to PandL A/c)

 

 

 

 

 

 

 

 

 

 

 

Profit and Loss A/c

Dr.

 

46,775

 

 

 To Capital A/c

 

 

 

46,775

 

(Transfer of net profit to Capital A/c)

 

 

 

 

 

 

 

Solution PQ 15

 

Journal 

Date 

Particulars 

L.F. 

Debit 

Amount 

(Rs.) 

Credit 

Amount 

(Rs.) 

(i)

Trading A/c

Dr.

 

32,000

 

 

To Profit and Loss A/c

 

 

 

32,000

 

(Transfer of gross profit to PandL A/c)

 

 

 

 

 

 

 

 

 

 

(ii)

Profit and Loss A/c

Dr.

 

14,500

 

 

To Sri Sankar Saha's Capital A/c

 

 

 

14,500

 

(Transfer of net profit to capital)

 

 

 

 

 

 

 

 

 

 

(iii)

Sri Sankar Saha's Capital A/c

 Dr.

 

10,000

 

 

To Drawings A/c

 

 

 

10,000

 

(Withdrawals from capital)

 

 

 

 

 

 

 

 

 

 

(iv)

Cash A/c

Dr.

 

7,840

 

 

To Purchases Return A/c

 

 

 

7,000

 

To Input IGST A/c

 

 

 

840

 

(Goods purchased returned)

 

 

 

 

 

 

 

 

 

 

(v)

Sales Return A/c

Dr.

 

6,000

 

 

Output CGST A/c

Dr.

 

360

 

 

Output SGST A/c

Dr.

 

360

 

 

 To Cash A/c

 

 

 

6,720

 

(Goods sold returned)

 

 

 

 

 

 

 

Solution PQ 16

 

Journal 

Date 

Particulars 

L.F. 

Debit 

Amount 

(Rs) 

Credit 

Amount 

(Rs) 

(i)

Accrued Interest A/c

Dr.

 

2,500

 

 

To Interest A/c

 

 

 

2,500

 

(Interest accrued)

 

 

 

 

 

 

 

 

 

 

(ii)

Wages A/c

Dr.

 

10,000

 

 

 To Wages Outstanding A/c

 

 

 

10,000

 

(Wages outstanding for May 2018)

 

 

 

 

 

 

 

 

 

 

(iii)

Prepaid Insurance A/c

Dr.

 

1,500

 

 

To Insurance A/c

 

 

 

1,500

 

(Prepaid insurance)

 

 

 

 

 

 

 

 

 

 

(iv)

Manager's Commission A/c

Dr.

 

6,000

 

 

 To Manager's Commission Payable A/c

 

 

 

6,000

 

(Commission due to the manager)

 

 

 

 

 

 

 

 

 

 

(v)

Interest on Loan A/c

Dr.

 

10,125

 

 

To Outstanding Interest on Loan A/c

 

 

 

10,125

 

(Interest on loan due but not paid)

 

 

 

 

 

 

 

 

 

 

 

 

 

Special Purpose Books II - Other Books Exercise 11.48

Solution PQ 17

 

Purchases Book

Date

2019

Particulars

Invoice No.

L.F.

Details

Cost

Input

CGST

Input SGST

Input

IGST

Total

Jan 01

Hari Ram, Kanpur

 

 

8,000

 

 

 

 

 

 

Add: CGST @ 6%

 

 

480

 

 

 

 

 

 

Add: SGST @ 6%

 

 

480

 

 

 

 

 

 

 

 

 

8,960

8,000

480

480

-

8,960

 

 

 

 

 

 

 

 

 

 

Jan 02

Mangal, Kolkata

 

 

50,000

 

 

 

 

 

 

Add: IGST @ 12%

 

 

6,000

 

 

 

 

 

 

 

 

 

56,000

50,000

-

-

6,000

56,000

 

 

 

 

 

 

 

 

 

 

Jan 09

Raghunath, Delhi

 

 

10,000

 

 

 

 

 

 

Less: 10% T.D.

 

 

1,000

 

 

 

 

 

 

 

 

 

9,000

 

 

 

 

 

 

Add: IGST @ 12%

 

 

1,080

 

 

 

 

 

 

 

 

 

10,080

9,000

-

-

1,080

10,080

 

 

 

 

 

67,000

480

480

7,080

75,040

 

 

 

 

 

 

 

 

 

 

 

Sales Book

Date

Particulars

Bill No.

L.F.

Details

Value

Output

CGST

Output SGST

Output

IGST

Total

Jan 01

Ramesh, Delhi

 

 

15,000

 

 

 

 

 

 

Add: IGST @ 12%

 

 

1,800

 

 

 

 

 

 

 

 

 

16,800

15,000

-

-

1,800

16,800

 

 

 

 

 

 

 

 

 

 

Jan 02

Dina Nath, Lucknow

 

 

10,000

 

 

 

 

 

 

Add: CGST @ 6%

 

 

600

 

 

 

 

 

 

Add: SGST @ 6% 

 

 

600

 

 

 

 

 

 

 

 

 

11,200

10,000

600

600

-

11,200

Jan 04

Zakir Hussain, Lucknow

 

 

5,000

 

 

 

 

 

 

Add: CGST @ 6%

 

 

300

 

 

 

 

 

 

Add: SGST @ 6%

 

 

300

 

 

 

 

 

 

 

 

 

5,600

5,000

300

300

-

5,600

Jan 10

Raja Ram

 

 

5,000

 

 

 

 

 

 

Less: 5% T.D.

 

 

250

 

 

 

 

 

 

 

 

 

4,750

 

 

 

 

 

 

Add: CGST @ 6% 

 

 

285

 

 

 

 

 

 

Add: SGST @ 6%

 

 

285

 

 

 

 

 

 

 

 

 

5,320

4,750

285

285

-

5,320

 

 

 

 

 

34,750

1,185

1,185

1,800

38,920

 

 

 

 

 

 

 

 

 

 

 

Purchases Return Book

Date

Particulars

Debit Note No.

L.F.

Details

Cost

Input

CGST

Input SGST

Input

IGST

Total

Jan 04

Mangal Kolkata

 

 

5,000

 

 

 

 

 

 

Add: IGST @ 12%

 

 

600

 

 

 

 

 

 

 

 

 

5,600

5,000

-

-

600

5,600

 

 

 

 

 

 

 

 

 

 

Jan 07

Hari Ram, Kanpur

 

 

500

 

 

 

 

 

 

Add: CGST @ 6%

 

 

30

 

 

 

 

 

 

Add: SGST @ 6% 

 

 

30

 

 

 

 

 

 

 

 

 

560

500

30

30

-

560

 

 

 

 

 

5,500

30

30

600

6,160

 

 

 

 

 

 

 

 

 

 

 

Sales Return Book

Date

Particulars

Credit Note No.

L.F.

Details

Value

Output

CGST

Output SGST

Output

IGST

Total

Jan 02

Ramesh, Delhi

 

 

1,000

 

 

 

 

 

 

Add: IGST @ 12% each

 

 

120

 

 

 

 

 

 

 

 

 

1,120

1,000

-

-

120

1,120

 

 

 

 

 

 

 

 

 

 

Jan 05

Zakir Hussain, Lucknow

 

 

500

 

 

 

 

 

 

Add: CGST @ 6%

 

 

30

 

 

 

 

 

 

Add: SGST @ 6%

 

 

30

 

 

 

 

 

 

 

 

 

560

500

30

30

-

560

 

 

 

 

 

1,500

30

30

120

1,680

 

 

 

 

 

 

 

 

 

 

 

 

 

Solution PQ 18

 

 

Purchases Book

Date

Name of Supplier

(Account to be credited)

 

Invoice No. 

L.F.

Details

Rs. 

Rs. 

2019

 

 

 

 

 

 

Apr 01

Ram Prasad, Chennai:

 

 

 

 

 

 

100 metres Silk @ Rs.400 per metre

 

 

 

40,000

 

 

75 metres Velvet @ Rs.150 per metre

 

 

 

11,250

 

 

 

 

 

 

51,250

 

 

Add: Input IGST @12%

 

 

 

6,150

57,400

Apr 22

Man Mohan Lal, Varanasi:

 

 

 

 

 

 

Shirting Cloth

 

 

 

10,000

 

 

Saris

 

 

 

60,000

 

 

 

 

 

 

70,000

 

 

Less: 10% Trade Discount

 

 

 

(7,000)

 

 

 

 

 

 

63,000

 

 

Add: Input IGST @12%

 

 

 

7,560

70,560

Apr 30

Purchase A/c

Dr.

 

 

 

1,27,960

 

 

Sales Book 

Date

Name of Customer

(Account to be debited)

 

Invoice No. 

L.F.

Details

Rs. 

Amount

Rs. 

2019

 

 

 

 

 

 

Apr 10

Rati Ram, Ahmedabad:

 

 

 

 

 

 

60 metres Silk @ Rs.500 per metre

 

 

 

30,000

 

 

10 metres Velvet @ Rs.200 per metre

 

 

 

2,000

 

 

 

 

 

 

32,000

 

 

Add: Output IGST @12%

 

 

 

3,840

35,840

Apr 12

Ramaswami, Kochi: 

 

 

 

 

 

 

10 metres Silk @ Rs.550 per metre

 

 

 

5,500

 

 

10 metres Velvet @ Rs.200 per metre

 

 

 

2,000

 

 

 

 

 

 

7,500

 

 

Add: Output CGST @6%

 

 

 

450

 

 

Add: Output SGST @6%

 

 

 

450

8,400

Apr 18

Roop Narain and Sons, Kochi:

 

 

 

 

 

 

10 metres Silk @ Rs.550 per metre

 

 

 

5,500

 

 

5 metres Velvet @ Rs.200 per metre

 

 

 

1,000

 

 

 

 

 

 

6,500

 

 

Less: 10% Trade Discount

 

 

 

(650)

 

 

 

 

 

 

5,850

 

 

Add: Output CGST @6%

 

 

 

351

 

 

Add: Output SGST @6%

 

 

 

351

6,552

Apr 23

Brij Mohan and Bros., Mathura:

 

 

 

 

 

 

Shirting Cloth

 

 

 

7,000

 

 

Saris

 

 

 

25,000

 

 

 

 

 

 

32,000

 

 

Add: Output IGST @12%

 

 

 

3,840

35,840

Apr 30

Sales A/c

Cr.

 

 

 

86,632

 

 

Purchases Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 30

To Sundries as per Purchases Book

 

1,14,250

Apr 30

 By Balance c/d

 

1,14,250

 

 

 

1,14,250

 

 

 

1,14,250

 

 

Input IGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 30

To Sundries as per Purchases Book

 

13,710

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 30

To Balance c/d

 

77,350

Apr 30

By Sundries as per Sales Book

 

77,350

 

 

 

77,350

 

 

 

77,350

 

 

Output CGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Apr 30

By Sundries as per Sales Book

 

801

 

 

 

 

 

 

 

 

 

Output SGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Apr 30

By Sundries as per Sales Book

 

801

 

 

 

 

 

 

 

 

 

Output IGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Apr 30

By Sundries as per Sales Book

 

7,680

 

 

 

 

 

 

 

 

 

 

 

Ram Prasad, Chennai Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 30

To Balance c/d

 

57,400

Apr 01

By Purchases A/c

 

51,250

 

 

 

 

Apr 01

By Input IGST A/c

 

6,150

 

 

 

57,400

 

 

 

57,400

 

 

Rati Ram, Ahemdabad Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 10

To Sales A/c

 

32,000

Apr 30

 By Balance c/d

 

35,840

Apr 10

To Output IGST A/c

 

3,840

 

 

 

 

 

 

 

35,840

 

 

 

35,840

 

 

Ramaswami, Kochi Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 12

To Sales A/c

 

7,500

Apr 30

 By Balance c/d

 

8,400

Apr 12

To Output CGST A/c

 

450

 

 

 

 

Apr 12

To Output SGST A/c

 

450

 

 

 

 

 

 

 

8,400

 

 

 

8,400

 

Roop Narain and Sons, Kochi Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 18

To Sales A/c

 

5,850

Apr 30

 By Balance c/d

 

6,552

Apr 18

To Output CGST A/c

 

351

 

 

 

 

Apr 18

To Output SGST A/c

 

351

 

 

 

 

 

 

 

6,552

 

 

 

6,552

 

 

Man Mohan Lal, Varanasi Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 30

To Balance c/d

 

70,560

Apr 22

By Purchases A/c

 

63,000

 

 

 

 

Apr 22

By Input IGST A/c

 

7,560

 

 

 

70,560

 

 

 

70,560

 

 

 

Brij Mohan and Bros., Mathura Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 23

To Sales A/c

 

32,000

Apr 30

 By Balance c/d

 

35,840

Apr 23

To Output IGST A/c

 

3,840

 

 

 

 

 

 

 

35,840

 

 

 

35,840

 

 

 

Special Purpose Books II - Other Books Exercise 11.49

Solution PQ 19

 

In the books of Prabhat Electric Co., Delhi

Cash Book 

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

 

 

 

 

2019

 

 

 

 

 

 

 

Jan 10

By Raja and Co. A/c

 

7,500

 

 

 

 

Jan 10

By Input CGST A/c

 

450

 

 

 

 

Jan 10

By Input SGST A/c

 

450

 

 

Sales Book

Date

Name of Customer

(Account to be debited) 

 

Invoice No.

J.F.

Details

Rs. 

Rs. 

2019

 

 

 

 

 

 

Jan 01

Grover and Co., Kanpur:

 

 

 

 

 

 

10 Crompton Water Coolers @ Rs.6,000 each

 

 

 

60,000

 

 

5 Pedestal Fans @ Rs.2,000 each

 

 

 

10,000

 

 

 

 

 

 

70,000

 

 

Less: Trade Discount @10%

 

 

 

(7,000)

 

 

 

 

 

 

63,000

 

 

Add: Output IGST @12%

 

 

 

7,560

70,560

Jan 15

Mahesh Bros., Chandigarh

 

 

 

 

 

 

5 Crompton Water Coolers @ Rs.7,000 each

 

 

 

35,000

 

 

2 Pedestal Fans @ Rs.2,500 each

 

 

 

5,000

 

 

 

 

 

 

40,000

 

 

Add: Output IGST @12%

 

 

 

4,800

44,800

Jan 31

Sales A/c

Cr.

 

 

 

1,15,360

 

 

Purchases Book 

Date

Name of Supplier

(Account to be credited) 

 

Invoice No.

J.F.

Details

Rs. 

Rs. 

2019

 

 

 

 

 

 

Jan 05

Ram and Bros., Delhi

 

 

 

 

 

 

25 Videocon Washing Machines @ Rs.7,000 each

 

 

 

1,75,000

 

 

10 Wall Fans @ Rs.1,500 each

 

 

 

15,000

 

 

 

 

 

 

1,90,000

 

 

Less: Trade Discount @25%

 

 

 

(47,500)

 

 

 

 

 

 

1,42,500

 

 

Add: Input CGST @6%

 

 

 

8,550

 

 

Add: Input SGST @6%

 

 

 

8,550

1,59,600

Jan 20

Sethi and Co., Delhi

 

 

 

 

 

 

20 Toasters @ Rs.800 each

 

 

 

16,000

 

 

Add: Input CGST @6%

 

 

 

960

 

 

Add: Input SGST @6%

 

 

 

960

17,920

Jan 31

Purchases A/c

Dr.

 

 

 

1,77,520

 

 

Return Outward Book

Date

Name of Supplier

(Account to be debited) 

 

Debit Note No. 

J.F.

Details

Rs. 

Rs. 

2019

 

 

 

 

 

 

Jan 18

Ram and Bros.

 

 

 

 

 

 

2 Videocon Washing Machines @ Rs.7,000 each

 

 

 

14,000

 

 

Less: Trade Discount @25%

 

 

 

3,500

 

 

 

 

 

 

10,500

 

 

Add: Input CGST @6%

 

 

 

630

 

 

Add: Input SGST @6%

 

 

 

630

11,760

Jan 31

Return Outward A/c

Cr.

 

 

 

11,760

 

 

Return Inward Book

Date

Name of Customer

(Account to be credited) 

 

Credit Note No. 

J.F.

Details

Rs. 

Rs. 

2019

 

 

 

 

 

 

Jan 27

Mahesh Bros. 

 

 

 

 

 

 

1 Crompton Water Coolers @ Rs.7,000 each

 

 

 

7,000

 

 

Add: Output IGST @12%

 

 

 

840

7,840

Jan 31

Return Inward A/c

Dr.

 

 

 

7,840

 

 

 

Solution PQ 20

 

 

Books of R. Chelan, Kolkata

Cash Book

Dr.

 

 

 

 

 

 

 

 

Cr.

Date

Particulars

L.F.

Cash

Rs. 

Bank

Rs. 

Date

Particulars

L.F.

Cash

Rs. 

Bank

Rs. 

2019

 

 

 

 

2019

 

 

 

 

Mar 01

To Balance b/d

 

15,400

82,500

Mar 02

By Machinery A/c

 

 

5,000

Mar 01

To Sales A/c

 

2,000

 

Mar 02

To Input CGST A/c

 

 

300

Mar 01

To Output CGST A/c

 

120

 

Mar 02

To Input SGST A/c

 

 

300

Mar 01

To Output SGST A/c

 

120

 

Mar 04

By Salaries A/c

 

 

2,750

Mar 09

To Rajesh

 

 

26,125

Mar 07

By Wages A/c

 

440

 

Mar 20

To Loan from Bank of Baroda A/c

 

 

50,000

Mar 18

By Rao A/c

 

 

18,000

Mar 30

To Sales A/c

 

 

4,000

Mar 22

By Drawings A/c

 

 

2,500

Mar 30

To Output CGST A/c

 

 

240

Mar 27

By Corporation Tax A/c

 

 

1,155

Mar 30

To Output SGST A/c

 

 

240

Mar 31

By Bank A/c

C

16,375

 

Mar 31

To Cash A/c

C

 

16,375

Mar 31

By Balance b/d

 

825

1,49,475

 

 

 

17,640

1,79,480

 

 

 

3,780

1,79,480

 

Note:  Cash deposited into bank on march 31, 2013 = Cash Received - (Cash paid + Closing Balance)  

--------------------------------------------------------------------= 17,640- (440 + 825) = Rs.16,375

 

 

 

 

Purchases Book

Date

Name of Supplier

(Account to be credited) 

 

Invoice No.

L.F.

Details

Rs. 

Rs. 

2019

 

 

 

 

 

 

Mar 25

Samanta, Delhi

 

 

 

5,000

 

 

Add: Input IGST@12% 

 

 

 

600

5,600

Mar 31

Purchases A/c

Dr.

 

 

 

5,600

 

 

Sales Book

Date

Name of Customer

(Account to be debited) 

 

Invoice No.

L.F.

Details

Rs. 

Rs. 

2019

 

 

 

 

 

 

Mar 11

James, Patna

 

 

 

10,000

 

 

Add: Output IGST@12% 

 

 

 

1,200

11,200

Mar 31

Sales Account

Cr.

 

 

 

11,200

 

 

 

Sales Return Book

Date

Name of Customer

(Account to be credited) 

 

Credit Note No. 

J.F.

Details

Rs. 

Rs. 

2019

 

 

 

 

 

 

Mar 13

James, Patna

 

 

 

2,000

 

 

Add: Output IGST@12% 

 

 

 

240

2,240

Mar 31

Sales Return A/c

Dr.

 

 

 

2,240

 

 

Journal

Date

Particulars

 

J.F.

Dr.

Rs. 

Cr.

Rs. 

2019

 

 

 

 

 

Mar 09

Discount Allowed A/c

Dr.

 

1,375

 

 

-----To Rajesh

 

 

 

1,375

 

(Being Rajesh settled his account by cheque less 5% discount)

 

 

 

 

 

 

 

Purchases Account

Dr.

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 31

To Sundries as per Purchases Book A/c

 

5,000

Mar 31

By Balance c/d

 

5,000

 

 

 

5,000

 

 

 

5,000

 

 

Input CGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 02

To Plant and machinery A/c

 

300

Mar 31

By Balance c/d

 

300

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

300

 

Input SGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 02

To Plant and machinery A/c

 

300

Mar 31

By Balance c/d

 

300

 

 

 

 

 

 

 

 

 

 

 

300

 

 

 

300

 

 

Input IGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Apr 30

To Sundries as per Purchases Book

 

600

Apr 30

To Sundries as per Purchases Book

 

600

 

 

 

600

 

 

 

600

 

 

Sales Account

Dr.

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 31

To Balance c/d

 

16,000

Mar 01

By Cash A/c

 

2,000

 

 

 

 

Mar 11

By James A/c

 

10,000

 

 

 

 

Mar 30

By Bank A/c

 

4,000

 

 

 

16,000

 

 

 

16,000

 

 

Output CGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

 

 

 

 

Mar 01

By Cash A/c

 

120

 

 

 

 

Mar 30

By Bank A/c

 

240

Mar 31

To Balance c/d

 

360

 

 

 

 

 

 

 

360

 

 

 

360

 

Output SGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

 

 

 

 

Mar 01

By Cash A/c

 

120

 

 

 

 

Mar 30

By Bank A/c

 

240

Mar 31

To Balance c/d

 

360

 

 

 

 

 

 

 

360

 

 

 

360

 

Output IGST A/c

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 13

To Sundries as per Sales Book

 

240

Mar 11

By James A/c

 

1,200

Mar 31

To Balance c/d

 

960

 

 

 

 

 

 

 

1,200

 

 

 

1,200

 

 

Sales Return Account

Dr.

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 13

To Sundries as per Sales Book

 

2,000

Mar 31

By Balance c/d

 

2,000

 

 

 

2,000

 

 

 

2,000

 

 

Capital Account

Dr.

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 31

To Balance c/d

 

7,16,650

Mar 01

By Balance b/d

 

7,16,650

 

 

 

7,16,650 

 

 

 

7,16,650 

 

 

Stock Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 01

To Balance b/d

 

1,92,500

Mar 31

By Balance c/d

 

1,92,500

 

 

 

1,92,500 

 

 

 

1,92,500 

 

 

Plant and Machinery Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 01

To Balance b/d

 

4,40,000

 

 

 

 

Mar 02

To Bank A/c

 

5,000

Mar 31

By Balance c/d

 

4,45,000 

 

 

 

4,45,000

 

 

 

4,45,000 

 

 

Rajesh Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 01

To Balance b/d

 

27,500

Mar 09

By Bank A/c

 

26,125

 

 

 

 

Mar 09

By Discount Allowed A/c

 

1,375

 

 

 

27,500

 

 

 

27,500 

 

 

James Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 01

To Balance b/d

 

13,750

Mar 13

By Sales Return A/c

 

2,000

Mar 11

To Sales A/c

 

10,000

Mar 31

By Balance c/d

 

21,750

 

 

 

23,750

 

 

 

23,750

 

 

Rao Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 18

To Bank A/c

 

18,000

Mar 01

By Balance b/d

 

19,250

Mar 31

To Balance c/d

 

1,250

 

 

 

 

 

 

 

19,250

 

 

 

19,250

 

 

 

Samanta Account

Dr.

 

 

 

 

 

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 31

To Balance c/d

 

40,750 

Mar 01

By Balance b/d

 

35,750

 

 

 

 

Mar 25

By Purchases A/c

 

5,000

 

 

 

40,750

 

 

 

40,750

 

 

Discount Allowed Account

Dr.

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 09

To Rajesh A/c

 

1,375

Mar 09

By Balance c/d

 

1,375

 

 

 

1,375

 

 

 

1,375

 

 

Loan from Bank of Baroda Account

Dr.

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 31

To Balance c/d

 

50,000

Mar 20

By Bank A/c

 

50,000

 

 

 

50,000

 

 

 

50,000

 

 

Wages Account

Dr.

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 07

To Cash A/c

 

440

Mar 31

By Balance c/d

 

440

 

 

 

440

 

 

 

440

 

 

Salaries Account

Dr.

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 04

To Bank A/c

 

2,750

Mar 31

By Balance c/d

 

2,750

 

 

 

2,750

 

 

 

2,750

 

 

Drawings Account

Dr.

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 22

To Bank A/c

 

2,500

Mar 31

By Balance c/d

 

2,500

 

 

 

2,500 

 

 

 

2,500 

 

 

 

Corporation Tax Account

Dr.

 

Cr.

Date

Particulars

J.F.

Rs. 

Date

Particulars

J.F.

Rs. 

2019

 

 

 

2019

 

 

 

Mar 27

To Bank A/c

 

1,155

Mar 31

By Balance c/d

 

1,155

 

 

 

1,155

 

 

 

1,155

 

 

Trial Balance

as on March 31, 2019 

Names of Account

L.F.

Dr.

Rs. 

Cr.

Rs. 

Cash A/c

 

825

 

Bank A/c

 

1,49,475

 

Stock A/c

 

1,92,500

 

Plant and Machinery A/c

 

4,45,000 

 

James A/c

 

21,750

 

Samanta A/c

 

 

40,750 

Capital A/c

 

 

7,16,650

Sales A/c

 

 

16,000

Sales Return A/c

 

2,000

 

Purchases A/c

 

5,000

 

Discount Allowed A/c

 

1,375

 

Loan from Bank of Baroda A/c

 

 

50,000

Wages A/c

 

440

 

Salaries A/c

 

2,750

 

Drawings A/c

 

2,500

 

Corporation Tax A/c

 

1,155

 

Rao A/c

 

 

1,250

Input CGST

 

300

 

Input SGST

 

300

 

Input IGST

 

600

 

Output CGST

 

 

360

Output SGST

 

 

360

Output IGST

 

 

960

TOTAL

 

8,26,930

8,26,930

 

 

Special Purpose Books II - Other Books Exercise 11.50

Solution PQ 21

 

 

 

Cash Book 

 

Dr.

Cr.

Date 

Particulars 

L.F. 

Cash 

(Rs.) 

Bank

(Rs.)

Date 

Particulars 

L.F. 

Cash 

(Rs.) 

Bank

(Rs.)

2019

 

 

 

 

2019

 

 

 

 

Mar 01

Capital A/c

 

50,000

 

Mar 01

Purchases A/c

 

5,000

 

Mar 05

Cash A/c

C

 

15,000

Mar 01

Input CGST A/c

 

300

 

Mar 10

Shri Ramesh Chand A/c

 

 

75,000

Mar 01

Input SGST A/c

 

300

 

Mar 14

Shri Ramesh Chand A/c

 

 

49,440

Mar 02

Computer and Printer A/c

 

20,000

 

Mar 20

Bank A/c

C

17,000

 

Mar 02

Input CGST A/c

 

1,200

 

Mar 23

Sales A/c

 

9,000

 

Mar 02

Input SGST A/c

 

1,200

 

Mar 23

Output CGST A/c

 

540

 

Mar 05

Bank A/c

C

15,000

 

Mar 23

Output SGST A/c

 

540

 

Mar 20

Cash A/c

C

 

17,000

Mar 30

Cash A/c

C

 

5,000

Mar 21

Shyam Lal A/c

 

16,500

 

 

 

 

 

 

Mar 25

Salary A/c

 

2,500

 

 

 

 

 

 

Mar 28

Rent A/c

 

1,500

 

 

 

 

 

 

Mar 28

Input CGST A/c

 

90

 

 

 

 

 

 

Mar 28

Input SGST A/c

 

90

 

 

 

 

 

 

Mar 30

Bank A/c

C

5,000

 

 

 

 

 

 

Mar 31

Drawings A/c

 

500

 

 

 

 

 

 

Mar 31

Balance c/d

 

7,900

1,27,440

 

 

 

77,080

1,44,440

 

 

 

77,080

1,44,440

 

 

 

 

 

 

 

 

 

 

 

Purchases Book

Date

Particulars

Invoice No.

L.F.

Details

Cost

Input

CGST

Input SGST

Input

IGST

Total

Mar 01

Hari, Lucknow

 

 

 

 

 

 

 

 

 

5 Laptops @ Rs 35,000 each

 

 

1,75,000

 

 

 

 

 

 

5 Desktops @ Rs 25,000 each

 

 

1,25,000

 

 

 

 

 

 

 

 

 

3,00,000

 

 

 

 

 

 

Less: 15% T.D.

 

 

45,000

 

 

 

 

 

 

 

 

 

2,55,000

 

 

 

 

 

 

Add: CGST @ 6%

 

 

15,300

 

 

 

 

 

 

Add: SGST @ 5%

 

 

15,300

 

 

 

 

 

 

 

 

 

2,85,600

2,55,000

15,300

15,300

-

2,85,600

 

 

 

 

 

 

 

 

 

 

Mar 18

Shyam Lal, Delhi

 

 

 

 

 

 

 

 

 

10 Keyboards @ Rs 1,000 each

 

 

10,000

 

 

 

 

 

 

10 Mouse @ Rs 500 each

 

 

5,000

 

 

 

 

 

 

 

 

 

15,000

 

 

 

 

 

 

Add: IGST @ 12% 

 

 

1,800

 

 

 

 

 

 

 

 

 

16,800

15,000

-

-

1,800

16,800

 

 

 

 

 

2,70,000

15,300

15,300

1,800

3,02,400

 

 

 

 

 

 

 

 

 

 

 

Sales Book

Date

Particulars

Bill No.

L.F.

Details

Value

Output

CGST

Output SGST

Output

IGST

Total

Mar 07

Shri Ramesh Chand, Kanpur

 

 

 

 

 

 

 

 

 

2 Laptops @ Rs 32,000 each

 

 

64,000

 

 

 

 

 

 

2 Desktops @ Rs 24,000 each

 

 

48,000

 

 

 

 

 

 

 

 

 

1,12,000

 

 

 

 

 

 

Add: CGST @ 6%

 

 

6,720

 

 

 

 

 

 

Add: SGST @ 6%

 

 

6,720

 

 

 

 

 

 

 

 

 

1,25,440

1,12,000

6,720

6,720

-

1,25,440

 

 

 

 

 

 

 

 

 

 

Mar 15

Jagdish, Kolkata

 

 

 

 

 

 

 

 

 

2 Laptops @ Rs 35,000 each

 

 

70,000

 

 

 

 

 

 

2 Desktops @ Rs 25,000 each

 

 

50,000

 

 

 

 

 

 

 

 

 

1,20,000

 

 

 

 

 

 

Less: 5% T.D.

 

 

6,000

 

 

 

 

 

 

 

 

 

1,14,000

 

 

 

 

 

 

Add: IGST @ 12% 

 

 

13,680

 

 

 

 

 

 

 

 

 

1,27,680

1,14,000

-

-

13,680

1,27,680

 

 

 

 

 

2,26,000

6,720

6,720

13,680