Double Entry Book Keeping Ts Grewal 2018 Solutions for Class 11 Commerce Accountancy Chapter 8 Special Purpose Books Ii Other Books are provided here with simple step-by-step explanations. These solutions for Special Purpose Books Ii Other Books are extremely popular among Class 11 Commerce students for Accountancy Special Purpose Books Ii Other Books Solutions come handy for quickly completing your homework and preparing for exams. All questions and answers from the Double Entry Book Keeping Ts Grewal 2018 Book of Class 11 Commerce Accountancy Chapter 8 are provided here for you for free. You will also love the ad-free experience on Meritnation’s Double Entry Book Keeping Ts Grewal 2018 Solutions. All Double Entry Book Keeping Ts Grewal 2018 Solutions for class Class 11 Commerce Accountancy are prepared by experts and are 100% accurate.
Page No 11.42:
Question 1:
Record the following transactions in the Purchases Book of Subhash General Stores, Delhi:
|
|
|
|
|
| 2018 | |||
| May 1 | Bought from M/s. Chunni Lal Mam Raj, Delhi: | ||
| 100 bags of ITC Wheat Atta @ ₹530 per bag | |||
| 50 bags of Rice Basmati @ ₹500 per bag | |||
| Less: Trade Discount @ 10% | |||
| CGST and SGST @ 6% each was payable on the purchases | |||
| May 3 | Bought from M/s. Kanodia Oil Mills, Delhi: | ||
| 40 tins Oil @ ₹1,500 per tin | |||
| 20 tins Banaspati Oil @ ₹900 per tin | |||
| Less: Trade Discount @ 5% | |||
| CGST and SGST @ 6% each was payable on the purchases | |||
| May 4 | Purchased from M/s. Gupta Bros., Hapur: | ||
| 25 bags gram @ ₹480 per bag | |||
| 40 bags oats @ ₹25 per bag | |||
| Less: Trade Discount @ 5% | |||
|
|
IGST @ 12% was payable on the purchases |
||
Answer:
|
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
|
|||||
|
|
|
|
|
|
|||||
Page No 11.42:
Question 2:
Verma Bros. Kolkata carry on business as wholesale cloth dealer. From the following, write up their Purchases Book for January, 2018:
| April 3 | Purchased on credit from M/s. Birla Mills, Kolkata: |
| 100 pieces long cloth @ ₹ 800 each | |
| 50 pieces shirting @ ₹ 500 each | |
| CGST and SGST payable @ 6% each | |
| April 8 | Purchased for cash from M/s. Ambika Mills, Ahmedabad: |
| 50 pieces muslin @ ₹ 1,000 each | |
| IGST payable @ 12% | |
| April 15 | Purchased on credit from M/s. Arvind Mills, Ahmedabad: |
| 20 pieces coating @ ₹ 2,000 each | |
| 10 pieces shirting @ ₹ 500 each | |
| IGST payable @ 12% | |
| April 20 | Purchased on credit from M/s. Bharat Typewriter Ltd. Kolkata: |
| 5 typewriters @ ₹ 1,400 each | |
| CGST and SGST payable @ 6% each |
Answer:
|
Date
|
Particulars
|
Invoice No.
|
L.F.
|
Details
|
Cost
|
Input
CGST
|
Input SGST
|
Input
IGST
|
Total
|
|
Jan 03
|
M/s Birla Mills, Kolkata |
|
|
|
|
|
|
||
| 100 pieces long cloth @ Rs 800 each |
80,000
|
|
|
|
|
|
|||
|
|
50 pieces shirting @ Rs 500 each |
25,000
|
|
|
|
|
|
||
|
|
1,05,000
|
|
|
|
|
|
|||
|
|
Add: CGST @ 6% |
6,300
|
|
|
|
|
|
||
|
|
Add: SGST @ 6% |
6,300
|
|
|
|
|
|
||
|
1,17,600
|
1,05,000
|
6,300
|
6,300
|
–
|
1,17,600
|
||||
|
Jan 15
|
M/s Arvind Mills, Ahmedabad |
|
|
|
|
|
|
||
|
|
20 pieces coating @ Rs.2,000 each |
40,000
|
|
|
|
|
|
||
|
|
10 pieces shirting @ Rs.500 each |
5,000
|
|
|
|
|
|
||
|
|
45,000 |
|
|
|
|
|
|||
| Add: IGST @ 12% | 5,400 | ||||||||
| 50,400 | 45,000 | - | - | 5,400 | 50,400 | ||||
| Jan 31 |
1,50,000
|
6,300
|
6,300
|
5,400
|
1,68,000
|
||||
|
|
|
|
|
|
Page No 11.43:
Question 3:
From the following information of Kamal, Guwahati, prepare a Purchases Book and post them into Ledger:
| 2018 | |
| April 1 | Purchased from Videocon India Ltd., Kolkata; |
| 30 Colour T.Vs @ ₹ 15,000 each, less Trade Discount @ 10% plus IGST @ 12%. Freight charges ₹ 2,000. | |
| April 15 | Purchased from Sony India Ltd., Guwahati: |
| 10 colour T.Vs @ ₹ 20,000 each less Trade Discount @ 10% plus CGST and SGST @ 6% each. | |
| April 20 | Purchased from Music India Ltd., Delhi: |
| 10 music systems @ ₹ 10,000 each less Trade Discount @ 15% plus IGST @ 12%. | |
| April 30 | Purchased from Videocon India Ltd., Kolkata: |
| 5 washing machine @ ₹ 15,000 each less Trade Discount @ 20%, plus IGST @ 12%, Freight charges ₹ 1,000. |
Answer:
|
Purchases Book of Kamal, Guwahati
|
||||||||||
|
Date
|
Particulars
|
Invoice No.
|
L.F.
|
Details
|
Cost
|
Input
CGST
|
Input SGST
|
Input
IGST
|
Freight Charges |
Total
|
|
2018
April 01 |
Videocon India Ltd., Kolkata |
|
|
|
|
|
|
|||
| 30 Color T.Vs. @ Rs.15,000 each |
4,50,000
|
|
|
|
|
|
||||
|
|
Less: 10% T.D. |
45,000
|
|
|
|
|
|
|||
|
|
4,05,000
|
|
|
|
|
|
||||
|
|
Add:IGST @ 12% |
48,600
|
|
|
|
|
|
|||
|
|
Add:Freight Charges | 2,000 |
|
|
|
|
|
|||
|
4,55,600
|
4,05,000
|
– | – |
48,600
|
2,000 |
4,55,600
|
||||
|
|
|
|
|
|
|
|
||||
|
April 15
|
Sony India Ltd., Guwahati |
|
|
|
|
|
|
|||
|
|
10 Color T.Vs. @ Rs.20,000 each |
2,00,000
|
|
|
|
|
|
|||
|
|
Less: 10% T.D. |
20,000
|
|
|
|
|
|
|||
|
|
1,80,000
|
|
|
|
|
|
||||
|
|
Add: CGST @ 6% |
10,800
|
|
|
|
|
|
|||
|
|
Add: SGST @ 6% |
10,800
|
|
|
|
|
|
|||
|
|
2,01,600
|
1,80,000
|
10,800
|
10,800
|
–
|
– |
2,01,600
|
|||
| April 20 | Music India Ltd., Delhi | |||||||||
| 10 Music Systems @ Rs.10,000 each | 1,00,000 | |||||||||
| Less: 15% T.D. | 15,000 | |||||||||
| 85,000 | ||||||||||
| Add: IGST @ 12% | 10,200 | |||||||||
| 95,200 | 85,000 | – | – | 10,200 | 95,200 | |||||
|
April 30
|
Videocon India Ltd., Kolkata |
|
|
|
|
|
|
|||
|
|
5 Washing Machines @ 15,000 each |
75,000
|
|
|
|
|
|
|||
|
|
Less: 20% T.D. |
15,000
|
|
|
|
|
|
|||
|
|
60,000
|
|
|
|
|
|
||||
| Add: IGST @ 12% | 7,200 | |||||||||
|
|
Add: Freight Charges |
1,000
|
|
|
|
|
|
|||
|
|
68,200
|
60,000
|
|
–
|
7,200
|
1,000 |
68,200
|
|||
| April 30 | 7,30,000 | 10,800 | 10,800 | 66,000 | 3,000 | 8,20,600 | ||||
|
|
|
|
|
|
||||||
|
Purchases Account
|
||||||||
| Dr. |
Cr.
|
|||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
|
2018
|
||||||||
| April 30 | Sundries of Purchases as per | |||||||
| Purchases Book for the month of April |
7,30,000
|
|||||||
|
Freight Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
2018
|
|
||||||
| April 01 | Videocon India Ltd. |
2,000
|
|||||
| April 30 | Videocon India Ltd. |
1,000
|
|||||
|
Videcon India Ltd.
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
|
2018
|
||||||
| April 01 | Purchases |
4,05,000
|
|||||
| April 01 | Input IGST | 48,600 | |||||
| April 01 | Freight | 2,000 | |||||
| April 30 | Purchases | 60,000 | |||||
| April 30 | Input IGST | 7,200 | |||||
|
|
April 30 | Freight |
1,000
|
||||
|
Soni India Ltd.
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
|
2018
|
||||||
|
April 15
|
Purchases |
1,80,000
|
|||||
| April 15 | Input CGST | 10,800 | |||||
|
|
April 15
|
Input SGST |
10,800
|
||||
|
Music India Ltd.
|
|||||||||
| Dr. |
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
||
|
2018
|
|||||||||
|
April 20
|
Purchases |
85,000
|
|||||||
|
April 20
|
Input IGST |
10,200
|
|||||||
|
Input IGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
|
2017
|
||||||
|
|
April 01
|
Videocon India Ltd. |
48,600
|
||||
| April 20 | Music India Ltd. | 10,200 | |||||
| April 30 | Videocon India Ltd. | 7,200 | |||||
|
Input CGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
|
2018
|
||||||
| April 15 | Sony India Ltd. | 10,800 | |||||
|
Input SGST Account
|
||||||||
| Dr. |
Cr.
|
|||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
|
|
2018
|
|||||||
|
|
April 15
|
Sony India Ltd. |
10,800
|
|||||
|
Input IGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
|
2017
|
||||||
|
|
April 01
|
Videocon India Ltd. |
48,600
|
||||
| April 20 | Music India Ltd. | 10,200 | |||||
|
|
|
April 30
|
Videocon India Ltd. |
7,200
|
|||
Page No 11.43:
Question 4:
The following purchases were made by M/s. B.K Gupta, Kolkata, during the month of April, 2018. Prepare Purchases Book and post them in the Ledger Accounts:
| 2018 | |
| April 8 | Purchased on credit from Subodh Brothers, Delhi: 5 chests of tea @ ₹ 7,000 per chest at a Trade Discount of 10% plus IGST @ 12% and packing and other charges ₹ 500. |
| April 12 |
Purchased in cash 20 boxes of tea @ ₹ 500 per box at a Trade Discount of 10% plus CGST and SGST @ 6% each. |
| April 18 | Purchased on credit 3 show cases @ ₹ 7,500 per case from Raj Furnishing House at a Trade Discount of 10% plus CGST and SGST @ 6% each. |
| April 20 |
Purchased on credit 15 boxes of tea @ ₹ 600 per box at a Trade Discount of 10% from Siliguri Tea Agency, Siliguri, West Bengal plus CGST and SGST @ 6% each and packing and other charges ₹ 50. |
| April 25 | Purchased 5 kgs of Special Green Tea on credit from Darjeeling Tea House, Darjeeling, West Bengal @ ₹ 500 per kg at a Trade Discount of 10% plus CGST and SGST @ 6% each for household consumption of proprietor. |
Answer:
|
Books of M/s. B. K. Gupta, Kolkata
Purchases Books
|
|||||||||
|
Date
|
Particulars
|
L.F.
|
Details (₹)
|
Cost
(₹)
|
Input IGST
(₹)
|
Input CGST
(₹)
|
Input SGST
(₹)
|
Packing and Other Charges
(₹)
|
Total
(₹)
|
|
2018
|
|
|
|
|
|
||||
|
April 08
|
Subodh BrotheRs, Delhi |
|
|
|
|
|
|||
|
|
5 chests of tea @ Rs 7,000 per chest |
35,000
|
|
|
|
|
|||
|
|
Less: 10% Trade Discount |
(3,500)
|
|
|
|
|
|||
|
|
31,500
|
|
|
|
|
||||
| Add: 12% IGST | 3,780 | ||||||||
|
|
Add: Packing and Other Charges |
500
|
|||||||
| 35,780 | 31,500 | 3,780 | - | - | 500 | 35,780 | |||
|
|
|
|
|
|
|
||||
|
April 20
|
Siliguri Tea Agency, Siliguri |
|
|
|
|
|
|||
|
|
15 Boxes Tea @ Rs 600 per Box |
9,000
|
|
|
|
|
|||
|
|
Less: 10% Trade Discount |
(900)
|
|
|
|
|
|||
|
|
8,100
|
|
|
|
|
||||
| Add: 6% SGST | 486 | ||||||||
| Add: 6% CGST | 486 | ||||||||
| Add: Packing and Other Charges | 00050 |
||||||||
|
|
9,122
|
8,100
|
-
|
486
|
486
|
50 |
9,122
|
||
|
April 30
|
|
39,600
|
3,780
|
486 | 486 |
550
|
44,902
|
||
|
|
|||||||||
|
Purchases Account
|
||||||||
| Dr. |
Cr.
|
|||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
|
2018
|
||||||||
|
April 30
|
Sundries of Purchases | |||||||
|
|
as per Purchases Book | |||||||
|
|
for the month of April |
39,600
|
||||||
|
|
|
|||||||
|
|
||||||||
|
Packing and Other Charges Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
2018
|
|
||||||
|
April 08
|
Subodh BrotheRs |
500
|
|||||
|
April 20
|
Siliguri Tea Agency |
50
|
|
|
|||
|
|
|||||||
|
Subodh Brothers
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
|
2018
|
||||||
|
April 08
|
Purchases |
31,500
|
|||||
|
April 08
|
Input IGST |
3,780
|
|||||
|
|
|
April 08
|
Freight and Other Charges |
500
|
|||
|
Siliguri Tea Agency
|
||||||||
| Dr. |
Cr.
|
|||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
|
|
|
|
|
2018
|
||||
| April 20 | Purchases |
8,100
|
||||||
| April 20 | Input CGST |
486
|
||||||
| April 20 | Input SGST | 486 | ||||||
|
|
April 20 | Freight and Other Charges |
50
|
|||||
|
Input IGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
2018
|
|||||||
|
April 08
|
Subodh Brothers |
3,780
|
|||||
|
|
|||||||
|
Input CGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
2018
|
|
||||||
|
April 20
|
Siliguri Tea Agency |
486
|
|
|
|||
|
|
|||||||
|
Input SGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
2018
|
|
||||||
| April 20 | Siliguri Tea Agency | 486 | |||||
Page No 11.43:
Question 5:
Prepare a Sales Book from the following transactions of Hema Traders, Kolkata dealing in furniture. Open a Ledger Account also:
| 2018 | |
| April 1 | Sold to M/s. Gupta Furniture House, Delhi: |
| 100 Chairs @ ₹ 1,500 per chair | |
| 40 Tables @ ₹ 2,000 per table | |
| Less: Trade Discount @ 5% | |
| Charged IGST @ 12% | |
| April 10 | Sold to M/s. Ajit Singh & Sons, Kolkata: |
| 150 Desks @ ₹ 1,000 per desk | |
| 160 Chairs @ ₹ 1,500 per chair | |
| Less: Trade Discount @ 5% | |
| Charged CGST and SGST @ 6% each | |
| April 15 | Sold to M/s. Ideal Furniture House, Darjeeling: |
| 10 Sofa sets @ ₹ 75,000 each | |
| 5 Almirahs @ ₹ 3,000 each | |
| 25 Office Tables @ ₹ 4,000 each | |
| Less: Trade Discount @ 10% | |
| Charged CGST and SGST @ 6% each |
Answer:
|
Sales Book of Hema Traders, Kolkata |
||||||||||
|
Date |
Particulars |
Invoice No. |
L.F. |
Details |
Sales Value (Rs) |
Output IGST (Rs) |
Output CGST (Rs) |
Output SGST (Rs) |
Total (Rs) |
|
|
2018 |
|
|
|
|
||||||
|
April 01 |
M/s Gupta Furniture House, Delhi |
|
|
|
||||||
|
|
100 chairs@ Rs 1,500 per chair |
|
1,50,000 |
|
||||||
|
|
40 Tables @ Rs 2,000per table |
|
80,000 |
|
||||||
|
|
|
|
2,30,000 |
|
||||||
|
|
Less: 5% Trade Discount |
|
|
|
||||||
|
|
|
|
2,18,500 |
|
||||||
| Add: 12% IGST | 26,220 |
|||||||||
| 2,44,720 | 2,18,500 | 26,220 | - | - | 2,44,720 | |||||
|
April 10 |
M/s. Ajit Singh & Sons, Kolkata |
|
|
|
||||||
|
|
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: 6% CGST | 22,230 | |||||||||
| 6% SGST | 22,230 | |||||||||
| 4,14,960 | 3,70,500 | - | 22,230 | 22,230 | 4,14,960 | |||||
|
April 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: 6% CGST | 46,710 | |||||||||
| 6% SGST | 46,710 | |||||||||
|
|
|
|
8,71,920 |
7,78,500 |
46,710 | 46,710 | 8,71,920 | |||
|
April 30 |
|
|
|
|
13,67,500 |
26,220 | 68,940 | 68,940 | 15,31,600 | |
|
|
|
|
|
|
||||||
|
Sales Account |
|||||||
|
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|
|
|
|
|
2018 |
|
|
|
|
|
|
|
|
April 30 |
Sundries as per the Sales Book |
|
13,67,500 |
|
|
|
|
|
|
|
|
|
|
M/s. Gupta Furniture House, Delhi |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|
2018 |
|
|
|
|
|
|
|
|
April 01 |
Sales |
|
2,18,500 |
|
|
|
|
| April 01 | Output IGST | 26,220 | |||||
|
|
|
|
|
|
|
|
|
|
M/s. Ajit Singh & Sons, Kolkata |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|
2018 |
|
|
|
|
|
|
|
|
April 10 |
Sales |
|
3,70,500 |
|
|
|
|
| April 10 | Output CGST | 22,230 | |||||
| April 10 | Output SGST | 22,230 | |||||
|
|
|
|
|
|
|
|
|
|
M/s. Ideal Furniture House, Darjeeling |
||||||||
|
Dr. |
Cr. |
|||||||
|
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|
|
2018 |
|
|
|
|
|
|
|
|
|
April 15 |
Sales |
|
7,78,500 |
|
|
|
|
|
| April 15 | Output CGST | 46,710 | ||||||
| April 15 | Output SGST | 46,710 | ||||||
|
|
|
|
|
|
|
|
|
|
|
Output IGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
| 2018 | |||||||
| April 01 | M/s Gupta Furniture House | 26,220 | |||||
|
Output CGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
2018
|
|||||||
| April 10 | M/s. Ajit Singh & Sons | 22,230 | |||||
|
April 15
|
M/s. Ideal Furniture House |
46,710
|
|||||
|
|
|||||||
|
Output SGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
|
2018
|
||||||
| April 10 | M/s. Ajit Singh & Sons | 22,230 | |||||
| April 15 | M/s. Ideal Furniture House | 46,710 | |||||
Page No 11.44:
Question 6:
From the following particulars, prepare a Sales Book of M/s. Gyan Prasad & Bros., Delhi, dealers of stationery and post into Ledger Accounts:
| 2017 | |
| July 1 | Sold to M/s. Stationery Mart, Delhi on credit: |
| 10 reams of white paper @ ₹ 300 per ream | |
| Charged CGST and SGST @ 6% each | |
| July 2 | Sold to M/s. Puran Chand & Co., Chandigarh: |
| 6 dozen pens @ ₹ 200 per dozen | |
| Charged IGST @ 12% | |
| July 10 | Sold old newspaper for cash ₹ 62 |
| July 25 | Sold on credit to M/s. Rahim & Co., Varanasi: |
| 10 Drawing Boards @ ₹ 500 per piece | |
| Charged IGST @ 12% | |
| July 30 | Sold to M/s. Kay Cee & Co., Delhi on credit: |
| 4 Portable Study Tables @ ₹ 5,000 per table | |
| Charged CGST and SGST @ 6% each |
Answer:
|
Books of M/s. B. K. Gupta, Kolkata
Purchases Books
|
|||||||||
|
Date
|
Particulars
|
Invoice No. |
L.F.
|
Details (₹)
|
Sale Value
(₹)
|
Output IGST
(₹)
|
Output
CGST (₹)
|
Output SGST
(₹)
|
Total
(₹)
|
|
2018
|
|
|
|
|
|||||
|
July 01
|
M/s Stationery Mart, Delhi |
|
|
|
|
||||
|
|
10 reams white paper @ Rs.300 per ream |
3,000
|
|
|
|
||||
|
|
|
|
|
|
|||||
| Add: 6% CGST | 180 | ||||||||
|
|
6% SGST |
180
|
|||||||
| 3,360 | 3,000 | - | 180 | 180 | 3,360 | ||||
|
|
|
|
|
|
|||||
|
July 02
|
M/s Puran Chand & Company,Chandigarh |
|
|
|
|
||||
|
|
6 dozens of pens @ Rs.200 per dozen |
1,200
|
|
|
|
||||
|
|
Add: 12% IGST |
144
|
|
|
|
||||
|
|
1,344
|
1,200
|
144
|
- | - |
1,344
|
|||
| July 25 | M/s Rahim & Co.,Varanasi | ||||||||
| 10 Drawing Boards @ Rs.500 per piece | 5,000 | ||||||||
| Add: 12% IGST | 600 | ||||||||
| 5,600 | 5,000 | 600 | - | - | 5,600 | ||||
| July 30 | M/s Kay Cee & Co., Delhi | ||||||||
| 4 Portable Study Tables @ Rs.5,000 per table | 20,000 |
||||||||
| Add: 6% CGST | 1,200 | ||||||||
| 6% SGST | 1,200 | ||||||||
|
|
22,400
|
20,000
|
-
|
1,200 | 1,200 | 22,400 | |||
|
July 31
|
|
29,200
|
744
|
1,380 | 1,380 |
32,704
|
|||
|
|
|||||||||
|
Sales Account
|
||||||||
| Dr. |
Cr.
|
|||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
| 2018 | ||||||||
| July 31 | Sundries of Sales as per Sales Book for the month of July | 29,200 | ||||||
|
|
||||||||
|
|
||||||||
|
|
|
|||||||
|
|
||||||||
|
M/s Stationery Mart, Delhi
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
2018
|
|
||||||
| July 01 | Sales | 3,000 | |||||
| July 01 | Output CGST | 180 | |||||
|
July 01
|
Output SGST |
180
|
|||||
|
|
|||||||
|
M/s Puran Chand & Co., Chandigarh
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
2018
|
|||||||
| July 02 | Sales | 1,200 | |||||
| July 02 | Output IGST | 144 | |||||
|
|
|
||||||
|
M/s Rahim & Co., Varanasi
|
||||||||
| Dr. |
Cr.
|
|||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
|
2018
|
|
|
|
|||||
| July 20 | Sales | 5,000 | ||||||
| July 20 | Output IGST | 600 | ||||||
|
|
||||||||
|
Output IGST Account
|
||||||||
| Dr. |
Cr.
|
|||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
| 2018 | ||||||||
| July 02 | M/s Puran Chand & Co., Chandigarh | 144 | ||||||
|
|
July 20 | M/s Rahim & Co.,Varanasi | 600 | |||||
|
Output CGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
2018
|
|||||||
| July 01 | M/s Stationery Mart, Delhi | 180 | |||||
|
July 30
|
M/s Kay Cee & Co., Delhi |
1,200
|
|||||
|
|
|||||||
|
Output SGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
2018
|
|||||||
| July 01 | M/s Stationery Mart, Delhi | 180 | |||||
| July 01 | M/s Kay Cee & Co., Delhi | 1,200 | |||||
|
M/s Kay Cee & Co., Delhi
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
2018
|
|
||||||
| July 30 | Sales | 20,000 | |||||
| July 30 | Output CGST | 1,200 | |||||
|
July 30
|
Output SGST |
1,200
|
|||||
|
|
|||||||
Page No 11.44:
Question 7:
From the following particulars, prepare Sales Book of Gupta & Co., Kolkata who deals in furniture :
| 2018 | |
| Jan. 5 | Sold on credit to Hari & Co., Kolkata: |
| 10 Tables @ ₹ 1,100 each | |
| 20 Chairs @ ₹ 1,000 each | |
| Charged CGST and SGST @ 6% each | |
| Jan. 10 | Sold to M/s. Sharma & Co., Delhi on credit: |
| 5 Almirahs @ ₹ 5,000 each | |
| 5 Stools @ ₹ 1,000 each | |
| Charged IGST @ 12% | |
| Jan. 20 | Sold old typewriter for ₹ 600 to Raja & Co., Kolkata on credit |
| Charged CGST and SGST @ 6% each | |
| Jan. 20 | Sold to M/s. Sohan Lal & Bros., Kolkata on credit: |
| 5 Tables @ ₹ 2,500 | |
| 1 Revolving Chair @ ₹ 5,000 each | |
| Charged CGST and SGST @ 6% each |
Answer:
|
2018 |
|
|
|
|
||||||
|
Jan.05 |
Hari & Co., Kolkata |
|
|
|
||||||
|
|
20 chairs@ Rs 1,000 per chair |
|
20,000 |
|
||||||
|
|
10 Tables @ Rs 1,100 per table |
|
11,000 |
|
||||||
|
|
|
|
31,000 |
|
||||||
|
|
Add: 6% CGST |
|
1,860 |
|
||||||
| 34,720 | 31,000 | - | 1,860 | 1,860 | 34,720 | |||||
|
Jan.10 |
M/s. Sharma & Co., Delhi |
|
|
|
||||||
|
|
5 Almirahas @ Rs. 5,000 each |
|
25,000 |
|
||||||
|
|
5 Stools @ Rs. 1,000 each |
|
5,000 |
|
||||||
|
|
|
|
30,000 |
|
||||||
|
|
|
|
|
|
||||||
| Add: 12% IGST | 3,600 | |||||||||
| 33,600 | 30,000 | 3,600 | - | - | 33,600 | |||||
|
Jan. 25 |
M/s. Sohan Lal & Brothers, Kolkata |
|
|
|
||||||
|
|
5 Tables @ Rs 2,500 each |
|
12,500 |
|
||||||
|
|
1 Revolving Chair @ Rs. 5,000 each |
|
5,000 |
|
||||||
| 17,500 | ||||||||||
| Add: 6% CGST | 1,050 | |||||||||
| 6% SGST | 1,050 | |||||||||
|
|
|
|
19,600 |
17,500 |
- | 1,050 | 1,050 | 19,600 | ||
|
Jan 31 |
|
|
78,500 |
3,600 | 2,910 | 2,910 | 87,920 | |||
|
|
|
|
|
|
||||||
|
Sales Account |
|||||||
|
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|
|
|
|
|
2018 |
|
|
|
|
|
|
|
|
Jan 31 |
Sundries as per the Sales Book |
|
78,500 |
|
|
|
|
|
|
|
|
|
|
Hari & Co., Kolkata |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|
2018 |
|
|
|
|
|
|
|
|
Jan 05 |
Sales |
|
31,000 |
|
|
|
|
| Jan 05 | Output CGST | 1,860 | |||||
| Jan 05 | Output SGST | 1,860 | |||||
|
|
|
|
|
|
|
|
|
|
M/s. Sharma & Co. , Delhi |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|
2018 |
|
|
|
|
|
|
|
|
Jan 10 |
Sales |
|
30,000 |
|
|
|
|
| Jan 10 | Output IGST | 3,600 | |||||
|
|
|
|
|
|
|
|
|
|
M/s. Sohan Lal & Brothers, Kolkata |
||||||||
|
Dr. |
Cr. |
|||||||
|
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|
|
2018 |
|
|
|
|
|
|
|
|
|
Jan 25 |
Sales |
|
17,500 |
|
|
|
|
|
| Jan 25 | Output CGST | 1,050 | ||||||
| Jan 25 | Output SGST | 1,050 | ||||||
|
|
|
|
|
|
|
|
|
|
|
Output IGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
| 2018 | |||||||
| Jan 10 | M/sSharma & Co. | 3,600 | |||||
|
Output CGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
2018
|
|||||||
| Jan 05 | M/s. Hari & Co. | 1,860 | |||||
| Jan 25 | M/s. Sohan Lal Brothres | 1,050 | |||||
|
|
|||||||
|
Output SGST Account
|
|||||||
| Dr. |
Cr.
|
||||||
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
Date
|
Particulars
|
J.F.
|
Amount (₹)
|
|
|
2018
|
||||||
| Jan 05 | M/s. Hari & Co. | 1,860 | |||||
| Jan 25 | M/s. Sohan Lal Brothres | 1,050 | |||||
Page No 11.45:
Question 8:
Prepare the Purchase Book and Sales Book from the following transactions:
| 2018 | |
| Jan. 1 | Bought from M/s. Uma Datt, Mumbai, on credit: |
| 1,000 Ragisters @ ₹ 80 each | |
| 50 Reams Paper @ ₹ 250 per ream | |
| Less: Trade Discount 25% | |
| Add: IGST @ 5% | |
| Jan. 2 | Sold to Shri Dayal, Bengaluru: |
| 250 Registers @ ₹ 85 each | |
| 5 Reams paper @ ₹ 300 per ream | |
| Charged CGST and SGST @ 2.5% each | |
| Jan. 8 | Bought from BILT, Delhi: |
| 100 Reams Ruled Paper @ ₹ 600 per ream | |
| Less: Trade Discount 15% | |
| Plus IGST @ 5% | |
| Jan. 12 | Sold to Gupta Bros., Delhi: |
| 250 Registers @ ₹ 85 each | |
| 50 Reams Ruled Paper @ 700 per ream | |
| Less: Trade Discount 5%, charged IGST @ 5% | |
| Jan. 18 | Sold to Ram Saran Das: |
| 20 copies Double Entry Book Keeping @ ₹ 85 each | |
| Jan. 25 | Bought from Hari Ram, Delhi: |
| 1,000 pens @ ₹ 10 each | |
| Less: Trade Discount 15% | |
| Plus IGST @ 5% | |
| Jan. 31 | Sold to Rishi Kumar, Bengaluru: |
| 300 Registers @ ₹ 90 each | |
| 50 Reams Ruled Paper @ ₹ 700 per ream | |
| 20 Reams Paper @ ₹ 300 per ream | |
| Trade Discount 10%, charged CGST and SGST @ 2.5% each |
Answer:
|
Purchases Book of Rahul, Bengaluru
|
|||||||
|
Date
|
Particulars
|
Invoice No.
|
L.F.
|
Details
|
Cost
|
Input
IGST
|
Total
|
| 2018 | |||||||
|
Jan. 01
|
M/s Uma Dutt, Mumbai |
|
|
|
|
||
| 1,000 Registers @ Rs. 80 each |
80,000
|
|
|
|
|||
|
|
50 Reams Paper@ Rs. 250per ream |
12,500
|
|
|
|
||
|
|
92,500
|
|
|
|
|||
|
|
Less: 10% T.D. |
23,125
|
|
|
|
||
|
|
69,375
|
||||||