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journalise the following transactions of Rakesh Agencies , Delhi ( propreitor Shri Rakesh ). CGST and SGST is levied @ 6% on intra - state sale and purchase . IGST is levied @ 12% on inter -  state sale and purchase . ( experts please give the answers with same numbers which is provided in question don’t change the numbers and don’t provide any link .)
journalise the following transactions of Rakesh Agencies , Delhi ( propreitor Shri Rakesh ). CGST and SGST is levied @ 6% on intra - state sale and purchase . IGST is levied @ 12% on inter -  state sale and purchase .(experts please give the answers with same numbers which is provided in question don’t change the numbers and don’t provide any link.) 2018 jan jan jan jan jan jan jan jan jan jan jan jan date 1 2 5 7 10 15 20 25 27 28 31 31 Rakesh commenced business with cash purchased goods for cash purchased goods from Mohan , Delhi on credit opened bank account with bank of India purchased furniture for office sold goods for cash sold goods to ram , Delhi on credit cash sales paid to mohan on account ram returned goods paid salaries rejected and returned 10% of goods supplied by Mohan 50,000 10,000 6,000 10,000 2,000 8,000 5,000 3,500 3,000 500 9,000

Dear Student
 
Journal 
Date Particulars    Debit   Credit 
         
Jan        
1 Cash A/c Dr.               50,000  
    To Capital A/c                   50,000
  (Being business started with cash)      
         
2 Purchase A/c Dr.               10,000  
  Input CGST A/c Dr.                     600  
  Input SGST A/c Dr.                     600  
    TO Cash A/c                   11,200
  (Being goods purchased for cash including GST @ 6-6% on central tax and state tax)      
         
5 Purchase A/c Dr.                 6,000  
  Input CGST A/c Dr.                     360  
  Input SGST A/c Dr.                     360  
    To Mohan A/c                     6,720
  (Being goods purchased from mohan)      
         
7 Bank A/c Dr.               10,000  
    To Cash A/c                   10,000
  (Being bank account opened with bank of india)      
         
10 Furniture A/c Dr.                2,000  
  Input CGST A/c Dr. 120  
  Input SGST A/c Dr. 120  
    To Cash A/c                     2,240
  (Being furniture purchased and GSt paid )      
         
15 Cash A/c Dr.                 8,960  
    To Sales A/c                     8,000
    To Output CGST                         480
    To Output SGST                         480
  (Being goods sold and GST applied)      
         
20 Ram A/c Dr.                 5,600  
    To Sales A/c                     5,000
    To Output CGST                         300
    To Output SGST                         300
  (Being goods sold to ram)      
         
25 Cash A/c Dr.                 3,920  
    To Sales A/c                     3,500
    To Output CGST                         210
    To Output SGST                         210
  (Being goods sold and GST applied)      
         
27 Mohan A/c Dr.                 3,000  
    To Cash A/c                     3,000
  (Being paid to mohan on account)      
         
28 Sales Return A/c Dr.                     500  
  Output CGST Dr.                       30  
  Output SGST Dr.                       30  
    To Ram A/c                         560
  (Being Ram returned goods so Output tax also reversed)      
         
31 Salary A/c Dr.                 9,000  
    To Cash A/c                     9,000
  (Being salary paid)      
         
31 Mohan A/c Dr.                     672  
    To Purchase Return A/c                         600
    To Input CGST                           36
    To Input SGST                           36
  (Being 10% of total goods returned to mohan and GST input also reversed)      


Regards

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