APC class 11th all questions and answer solution chapter GST

APC class 11th all questions and answer solution chapter GST rod Assume Total output 4, Record in & all transactions have been (im sold goods Kumar & sons. discount of Ihc amount by R«eived from Gopi by cheque after deducting Paid e 20.000 for by Cheque (v) Paid e SO.OOO for salaries by Cheque ( vO Gex»ds wevth I O .000 d istributed free samples, (vii) due from ChandeAant are bad-debts household furniture I and prexc,eds were invested into (Ans. Total 0.59.000] Hints: (1) GST Will be levied on transaction NO. livjand(vib (ii) In transaction NO. (iii) discount alloued Will Q. S. Pass entries in the Ni0ks of Mr. Roopani of Gujarat assuming CGST @9% and SC,ST ("1+GrciGsed goods 0100.000 from saryaarå of Jaipur (Rajasthak) Sold goods for I , '0.000 to Mr. of Mumbai (Maharashtra) and cheque received was sent to harik. (iii) Sold goods for C2.50,000 within the state on credit. (iv) paid insurance premium of 20.000 by cheque. (v) Purchased furniture for office for by cheque. [Ans. Total SHOh0N öBPb'

Dear Student,

Since you have asked so many questions with various sub- parts, we are providing you with general journal entries passed for GST Paid and GST Collected. 
Some journal entries are as follows:
1)  Purchase ac               Dr.
     Input CSGT  ac           Dr.
     Input CGST   ac          Dr.
           To  Vendors' ac/ Bank ac
{ goods purchased on credit or payment made by cheque}
[ This can be used in respect of the third question, first part]

2) Debtor ac( Devki nandan and Sons)                   Dr.        
            To sales ac
            To Output CGST ac
            To Output SGST ac
{ being sales made on credit}
[ This can be used in respect of the third question, second part] 

Note: Whenever GST is paid ( like in purchase of goods or purchse of fixed assets or expenses incurred), we write Input GST.
         Similarly, whenever GST is collected ( like in case of sale of goods or services), we write Output GSt.
        CGST refers to the Central GST and SGST refers to the State GST.

The solutions to the first two parts of your question have been answered above. 
For remaining queries, we request you to post them in separate threads to have rapid assistance from our experts. However, Since the questions are very similar to each other, you might be able to solve the rest problems in a similar manner.

Regards

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