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प्रश्न
Journalise the following transactions in the books of Ashok General Stores.
2019 May
1 Received ₹ 5,000 from Ram on behalf of Bharat.
4 Purchased Goods for cash ₹ 55,000.
8 Paid for Salary ₹ 8,000.
12 Purchased goods from Ganesh ₹ 30,000 on credit.
17 Sold goods to Mrs. Neha ₹ 60,000 on credit.
20 Purchased Machinery of ₹ 80,000 @ 12% GST and amount paid by cheque.
25 Paid to SG & Sons by cheque ₹ 30,000.
28 Received Commission ₹ 10,000 from Ganesh.
30 Paid Rent ₹ 5000.
31 Purchased Shares of Atul Company Ltd. for ₹ 10,000 through Demat account.
उत्तर
| Journal of Ashok General Stores | ||||
| Date | Particulars | L.F. No. | Debit Amount (₹) | Credit Amount (₹) |
| 2019 May 1 | Cash A/c ...Dr. | 5,000 | ||
| To Bharat's A/c | 5,000 | |||
| (Being cash received from Ram on behalf of Bharat) | ||||
| 4 | Purchases A/c ....Dr. | 55,000 | ||
| To Cash A/c | 55,000 | |||
| (Being goods purchased on cash) | ||||
| 8 | Salary A/c ...Dr. | 8,000 | ||
| To Cash A/c | 8,000 | |||
| (Being salary paid in cash) | ||||
| 12 | Purchases A/c ...Dr. | 30,000 | ||
| To Ganesh's A/c | 30,000 | |||
| (Being goods purchases on credit from Ganesh) | ||||
| 17 | Mrs. Neha's A/c ...Dr. | 60,000 | ||
| To Sales A/c | 60,000 | |||
| (Being goods sold to Mrs. Neha on credit) | ||||
| 20 |
Machinery A/c ...Dr. |
80,000 4,800 4,800 |
||
| To Bank A/c | 89,600 | |||
| (Being the Inputmachinery purchased with 12% GST and amount paid by cheque) | ||||
| 25 | SG & Sons A/c ...Dr. | 30,000 | ||
| To Bank A/c | 30,000 | |||
| (Being the amount paid by cheque to SG & Sons) | ||||
| 28 | Cash A/c Dr. | 10,000 | ||
| To Commission A/c | 10,000 | |||
| (Being commission received in cash from Ganesh) | ||||
| 30 | Rent A/c ...Dr. | 5,000 | ||
| To Cash A/c | 5,000 | |||
| (Being rent paid in cash) | ||||
| 31 | Shares A/c ...Dr. | 10,000 | ||
| To Bank A/c | 10,000 | |||
| (Being Shares of Atul Co. Ltd. purchased through Demat A/c) | ||||
| Total | 3,02,600 | 3,02,600 | ||
Working Note:
Dated 20th May 2019:
Calculation of CGST and SGST on Machinery
Catalogue price of ₹ 80,000 @ 12%.
CGST i.e. Central Goods and Services Tax = `12% ×1/2` = 6%.
CGST = Price of Machinery × 6%.
= `80,000 × 6/100`
= ₹ 4,800.
SGST i.e. State Goods and Service Tax = `12% × 1/2 `= 6%.
SGST = `80,000 × 6/100` = ₹ 4,800.
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संबंधित प्रश्न
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Which account is credited, when goods are sold on credit?
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The process of recording transactions in the Journal.
Give one word/term or phrase for the following statement:
The French word from which the word Journal is derived.
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Concession given for immediate payment.
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Entry in which more than one accounts are to debited or credited.
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12 Paid for Wages ₹ 15,000.
15 Received cheque of ₹ 30,000 from Satish.
21 Received Dividend ₹ 5000.
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1 Purchased goods of ₹ 90,000 at 10% Trade Discount and 10% Cash Discount from Rakesh and 1/3rd amount paid by cheque.
5 Opened current account in State Bank of India by depositing ₹ 60,000.
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12 Paid Salary ₹ 4,000.
16 Tushar returned goods of ₹ 250.
17 Goods taken by Kunal for his private use ₹ 2,000.
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28 Purchased goods from Amit of ₹ 60,000 on credit.
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30 Sold goods ₹ 5,000 at a loss of ₹ 1,000
31 Sold goods for ₹ 20,000.
Journalise the following transactions in the books of Nina General Stores.
2018 Sept
1 Sold goods of ₹ 50,000 at 10% Trade Discount and 10% Cash Discount to Raj and received 50% by cheque and 20% by cash.
3 Bought goods worth ₹ 60,000 from Prashant at 7.5% Trade Discount and half amount paid by cash.
5 Returned goods worth ₹ 550 to Prashant.
7 Sold goods worth ₹ 90,000 to Ranvir on credit at 10% Trade Discount.
12 Received Commission ₹ 4,500.
15 Received cheque of ₹ 80,000 from Ranvir in full settlement of his account.
18 Purchased Computer worth ₹ 80,000 from Reliance Company by cheque at 28% GST.
22 Wages paid ₹ 13,000.
23 Paid for Life Insurance premium ₹ 17,000.
27 Sold goods worth ₹ 28,000 to Tushar who paid us ₹ 18,000 immediately
Journalise the following transactions in the books of Dhoni Auto Car Centre:
2018 Nov
1 Sold 1,000 shares for ₹ 100 each and paid brokerage @ 1% and the amount credited to our account.
4 Purchased goods from Ashish & Co. of ₹ 2,00,000.
6 Sold goods to Virat & Co. ₹ 1,50,000.
8 Paid for Advertisement ₹ 30,000 to Times of India.
10 Paid for Printing and Stationery ₹ 7,000.
12 Purchased goods from Prakash & Co. ₹ 1,50,000 @ 18% GST.
15 Paid for Transport charges ₹ 10,000 @12% GST.
20 Purchased goods from Vikram & Sons ₹ 1,20,000 @ 18% GST and paid half the amount immediately.
25 Paid to Prakash & Co. less 10% discount.
30 Invoiced Goods to Sanjay ₹ 60,000.
31 Sanjay returned goods of ₹ 10,000.
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Journalise the following transactions in the books of Hero Enterprises:
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2019 April
1 Purchased goods worth ₹ 1,50,000 from Prashant & Co., less 10% Trade Discount.
4 Sold goods to Mr. Amit Sharma ₹ 70,000 at 10% Trade Discount on credit.
9 Purchased goods for cash ₹ 2,00,000 @ 28% GST amount paid by NEFT.
12 Sold Goods to Aditya Ray of ₹ 90,000 @ 28% GST.
15 Paid for Rent ₹ 5000 and Salary ₹ 18,000.
17 Paid for Proprietor’s house Rent ₹ 12,000.
20 Sold half of the goods purchased on 9th April at 20% Profit and 28% GST.
25 Paid for Wages ₹ 1,500.
25 Purchased Furniture ₹ 1,80,000 @ 12% GST and amount paid by RTGS.
28 Sold an old Furniture of ₹ 20,000 for ₹ 12,000.
30 Sold shares of ₹ 10,000 for ₹ 15,000 and the amount received by cheque.
Journalise the following transactions in the books of Anand General Merchants.
2019 April
1 Mr. Anand started the business with cash of ₹ 60,000.
5 Purchased goods for cash ₹ 30,000.
7 Sold goods of ₹ 10,000 to Suresh.
10 Purchased Furniture from Mr. Govind on credit ₹ 30,000.
15 Paid for Rent ₹ 3000 and paid by debit card.
21 Purchased goods from Urmila on credit ₹ 70,000.
27 Paid for Transport ₹ 1,000 to United Transport.
30 Paid to Urmila ₹ 20,000 on behalf of Sharmila.
Journalise the following transactions in the books of Anand General Merchants.
| 2019 April | |
| 1 | Mr. Anand started the business with cash of ₹ 60,000. |
| 5 | Purchased goods for cash ₹ 30,000. |
| 7 | Sold goods of ₹ 10,000 to Suresh. |
| 10 | Purchased Furniture from Mr. Govind on credit ₹ 30,000. |
| 15 | Paid for Rent ₹ 3000 and paid by debit card. |
| 21 | Purchased goods from Urmila on credit ₹ 70,000. |
| 27 | Paid for Transport ₹ 1,000 to United Transport. |
| 30 | Paid to Urmila ₹ 20,000 on behalf of Sharmila. |
Journalise the following transactions in the books of Anand General Merchants.
|
2019 April |
|
| 1 | Mr. Anand started the business with cash ₹ 60,000. |
| 5 | Purchased goods for cash ₹ 30,000. |
| 7 | Sold goods of ₹ 10,000 to Suresh. |
| 10 | Purchased Furniture from Mr. Govind on credit ₹ 30,000. |
| 15 | Paid for Rent ₹ 3000 and paid by debit card. |
| 21 | Purchased goods from Urmila on credit ₹ 70,000. |
| 27 | Paid for Transport ₹ 1,000 to United Transport. |
| 30 | Paid to Urmila ₹ 20,000 on behalf of Sharmila. |
Journalise the following transactions in the books of Anand General Merchants.
| 2019 May |
|
| 1 | Mr. Anand started business with cash ₹ 60,000. |
| 5 | Purchased goods for cash ₹ 30,000. |
| 7 | Sold goods of ₹ 10,000 to Suresh. |
| 10 | Purchased Furniture from Mr. Govind on credit ₹ 30,000. |
| 15 | Paid for Rent ₹ 3000 and paid by debit card. |
| 21 | Purchased goods from Urmila on credit ₹ 70,000. |
| 27 | Paid for Transport ₹ 1,000 to United Transport. |
| 30 | Paid to Urmila ₹ 20,000 on behalf of Sharmila. |
