Question:1

Record the following transactions in the Purchases Book of Subhash General Stores, Delhi:

2019
Bought from M/s. Chunni Lal Mam Raj,
May 1
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
Solution:
Purchases Book
Invoice Input Input Input
Date Particulars L.F. Details Cost Total
No. CGST SGST IGST
2019
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

Question:2
Verma Bros. Kolkata carry on business as wholesale cloth dealer. From the following, write up their Purchases Book for January, 2019:

Jan. 3 Purchased from M/s. Birla Mills, Kolkata:

100 pieces long cloth @ 800 each
50 pieces shirting @ 500 each
CGST and SGST payable @ 6% each
Jan. 8 Purchased for cash from M/s. Ambika Mills, Ahmedabad:
50 pieces muslin @ 1,000 each
IGST payable @ 12%
Jan. 15 Purchased from M/s. Arvind Mills, Ahmedabad:
20 pieces coating @ 2,000 each
10 pieces shirting @ 500 each
IGST payable @ 12%
Jan. 20 Purchased from M/s. Bharat Typewriters Ltd. Kolkata:
5 typewriters @ 1,400 each
CGST and SGST payable @ 6% each

Show the posting from Purchases Book to Ledger accounts also.

Solution:
Purchases Book of Verma Bros., Kolkata
Invoice Input Input Input
Date Particulars L.F. Details Cost Total
No. CGST SGST IGST
2019
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

Question:3
From the following transactions of Kamal, Guwahati, prepare Purchases Book and post into Ledger:

2019

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%.
Purchased from Videocon India Ltd.,
April 30
Kolkata:
5 washing machines @ 15,000 each less
Trade Discount @ 20%, plus IGST @ 12%,
Freight charges 1,000.
Solution:
 Purchases Book of Kamal, Guwahati
Invoice Input Input Input Freight
Date Particulars L.F. Details Cost Total
No. CGST SGST IGST Charges
2019
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.

Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 30 Sundries of Purchases as per
Purchases Book for the month of April 7,30,000

Freight Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 01 Videocon India Ltd. 2,000
April 30 Videocon India Ltd. 1,000

Videcon India Ltd.

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
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.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 15 Purchases 1,80,000
April 15 Input CGST 10,800
April 15 Input SGST 10,800

Music India Ltd.

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April Purchases 85,000
20
April Input IGST 10,200
20

Input IGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
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.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 15 Sony India Ltd. 10,800

Input SGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 15 Sony India Ltd. 10,800

Input IGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 01 Videocon India Ltd. 48,600
April 20 Music India Ltd. 10,200
April 30 Videocon India Ltd. 7,200

Question:4
The following purchases were made by Karam, Kolkata, during the month of April, 2019. Prepare Purchases Book and post into Ledger
Accounts:

2019
 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 from Raj Furnishing House:

3 show cases @ 7,500 per case at a Trade Discount of 10% plus CGST and SGST @ 6% each.

April 20
Purchased from Siliguri Tea Agency, Siliguri, West Bengal: 15 boxes of tea @ 600 per box at a Trade Discount
of 10% plus CGST and SGST @ 6% each and packing and other charges 50.

April 25 Purchased from Darjeeling Tea House, Darjeeling, West Bengal: 5 kgs of Special Green Tea @ 500 per kg at a
Trade Discount of 10% plus CGST and SGST @ 6% each for household consumption of proprietor.

Solution:
Books of M/s. B. K. Gupta, Kolkata
Purchases Books
Packing
Input Input Input and
Details Cost Total
Date Particulars L.F. IGST CGST SGST Other
( ) ( ) ( )
( ) ( ) ( ) Charges
( )
2019
April 08 Subodh Brothers, Delhi
5 chests of tea @ 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 @ 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.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 30 Sundries of Purchases
as per Purchases
Book
for the month of April 39,600

Packing and Other Charges Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 08 Subodh BrotheRs 500
April 20 Siliguri Tea Agency 50
 Subodh Brothers
Dr. Cr.
Amount Amount
Date Particulars J.F. ( ) Date Particulars J.F. ( )

2019
April 08 Purchases 31,500
April 08 Input IGST 3,780
April 08 Freight and Other Charges 500

Siliguri Tea Agency

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
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.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 08 Subodh Brothers 3,780

Input CGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 20 Siliguri Tea Agency 486

Input SGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 20 Siliguri Tea Agency 486

Question:5
Prepare Sales Book from the following transactions of Hema Traders, Kolkata dealing in furniture. Open the Ledger Accounts also:

2019
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
Sold to M/s. Ideal Furniture
April 15
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
Solution:
Sales Book of Hema Traders, Kolkata
Sales Output Output Output
Invoice Details Total
Date Particulars L.F. Value IGST CGST SGST
No. () ()
() () () ()
2019
April 01 M/s Gupta Furniture House, Delhi
100 Chairs@ 1,500 per chair 1,50,000
40 Tables @ 2,000per table 80,000
2,30,000
Less: 5% Trade Discount

(11,500)
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 @ 1,000 per desk 1,50,000
160 Chairs @ 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 @ 75,000 each 7,50,000
5 Almirahs @ each 3,000 each 15,000
25 Office Tables @ 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
Amount
Date Particulars J.F. Date Particulars J.F. Amount ( )
()
2019
April 30 Sundries as per the 13,67,500
Sales Book

M/s. Gupta Furniture House, Delhi

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
() ()
2019
 April Sales 2,18,500
01
April Output IGST 26,220
01

M/s. Ajit Singh & Sons, Kolkata

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
() ()
2019
April Sales 3,70,500
10
April Output CGST 22,230
10
April Output SGST 22,230
10

M/s. Ideal Furniture House, Darjeeling

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
() ()
2019
April 15 Sales 7,78,500
April 15 Output CGST 46,710
April 15 Output SGST 46,710

Output IGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 01 M/s Gupta Furniture House 26,220

Output CGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 10 M/s. Ajit Singh & Sons 22,230
April 15 M/s. Ideal Furniture 46,710
House

Output SGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 10 M/s. Ajit Singh & Sons 22,230
April 15 M/s. Ideal Furniture House 46,710

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:
2018
July 1 Sold to M/s. Stationery Mart, Delhi:
 10 reams 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 62
Sold on credit to M/s. Rahim & Co.,
July 25
Varanasi:
10 Drawing Boards @ 500 per piece
Charged IGST @ 12%
July 30 Sold to M/s. Kay Cee & Co., Delhi:
4 Portable Study Tables @ 5,000 per
table
Charged CGST and SGST @ 6% each

Solution:
Books of M/s. B. K. Gupta, Kolkata
Purchases Books
Sale Output Output Output
Invoice Details Total
Date Particulars L.F. Value IGST CGST SGST
No. ( ) ( )
( ) ( ) ( ) ( )
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.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018
July 31 Sundries of Sales as per Sales Book for the month of July 29,200

M/s Stationery Mart, Delhi

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
 2018
July 01 Sales 3,000
July 01 Output CGST 180
July 01 Output SGST 180

M/s Puran Chand & Co., Chandigarh

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018
July 02 Sales 1,200
July 02 Output IGST 144

M/s Rahim & Co., Varanasi

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018
July 20 Sales 5,000
July 20 Output IGST 600

Output IGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018
July 02 M/s Puran Chand & Co., Chandigarh 144
July 20 M/s Rahim & Co.,Varanasi 600

Output CGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018
July 01 M/s Stationery Mart, Delhi 180
July 30 M/s Kay Cee & Co., Delhi 1,200

Output SGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
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.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018
July 30 Sales 20,000
July 30 Output CGST 1,200
July 30 Output SGST 1,200
Question:7
From the following particulars, prepare Sales Book of Gupta & Co., Kolkata who deals in furniture:

2019
Jan. Sold to Hari & Co., Kolkata:
5
10 Tables @ 1,100 each
20 Chairs @ 1,000 each
Charged CGST and SGST @ 6% each
Jan. Sold to M/s. Sharma & Co., Delhi:
10
5 Almirahs @ 5,000 each
5 Stools @ 1,000 each
Charged IGST @ 12%
Jan. Sold old printer for 600 to Raja & Co.,
20 Kolkata
Charged CGST and SGST @ 6% each
Jan. Sold to M/s. Sohan Lal & Bros.,
25 Kolkata:
5 Tables @ 2,500 each
1 Revolving Chair @ 5,000
Charged CGST and SGST @ 6% each

Show the Posting from Sales Book to Ledger Accounts.

Solution:

Sales Book of Gupta & Co., Kolkata

Date Particulars Invoice L.F. Details Sales Output Output Output Total
No. ( ) Value IGST CGST SGST ( )
( ) ( ) ( ) ( )
2019
Jan.05 Hari & Co., Kolkata
20 Chairs@ Rs 1,000 per 20,000
chair
10 Tables @ Rs 1,100 per 11,000
table
31,000
Add: 6% CGST 1,860
6% SGST 1,860

34,720 31,000 1,860 1,860 34,720

Jan.10 M/s. Sharma & Co., Delhi
5 Almirahas @ Rs. 5,000 25,000
each
5 Stools @ Rs. 1,000 5,000
each
30,000

Add: 12% IGST 3,600

33,600 30,000 3,600 33,600

Jan. M/s. Sohan Lal &
25 Brothers, Kolkata
5 Tables @ Rs 2,500 12,500
each
1 Revolving Chair @ Rs. 5,000
5,000 each
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

Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
Jan 31 Sundries as per the 78,500
Sales Book

Hari & Co., Kolkata

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
Jan 05 Sales 31,000
Jan 05 Output CGST 1,860
Jan 05 Output SGST 1,860

M/s. Sharma & Co. , Delhi

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
Jan 10 Sales 30,000
Jan 10 Output IGST 3,600

M/s. Sohan Lal & Brothers, Kolkata

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
Jan 25 Sales 17,500
Jan 25 Output CGST 1,050
Jan 25 Output SGST 1,050

Output IGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
Jan 10 M/sSharma & Co. 3,600

Output CGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
Jan 05 M/s. Hari & Co. 1,860
Jan 25 M/s. Sohan Lal Brothres 1,050

Output SGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
Jan 05 M/s. Hari & Co. 1,860
Jan 25 M/s. Sohan Lal Brothres 1,050
Question:8
Prepare Purchases and Sales Book from the following transactions of Rahul, Bengaluru:
2019
Jan. 1 Bought from M/s. Uma Datt, Mumbai:
1,000 Registers @ 80 each
50 Reams Paper @ 250 per ream
Less: Trade Discount 25%
Plus: 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
Less: Trade Discount 10%, charged CGST and SGST
@ 2.5% each
Solution:
Purchases Book of Rahul, Bengaluru
Invoice Input
Date Particulars L.F. Details Cost Total
No. IGST
2019
Jan. 01 M/s Uma Dutt, Mumbai
1,000 Registers @ Rs. 80 each 80,000
50 Reams Paper@ Rs. 250per 12,500
ream

92,500
Less: 10% T.D. 23,125
69,375
Add: IGST @ 5% 3,469

72,844 69,375 3,469 72,844

Jan. 08 BILT, Delhi

100 Reams Ruled Paper @ Rs. 60,000
600 per ream
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
Jan. 31 1,28,875 6,444 1,35,319

Sales Book of Rahul, Bengaluru

Sales Output Output Output
Invoice Details Total
Date Particulars L.F. Value IGST CGST SGST
No. () ()
() () () ()
2019
Jan. 02 Shri Dayal, Bengalur
250 Registers @ Rs. 85 each 21,250
5 Reams Paper @ Rs. 300 per ream 1,500
22,750
Add: 2.5% CGST 569
2.5% SGST 569

23,888 22,750 - 569 569 23,888

Jan. 12 M/s.Gupta Bros., Delhi

250 Registers @ Rs. 85 each 21,250
50 Reams Ruled Paper @ Rs. 700 per 35,000
ream
56,250
Less: 5% Trade Discount (2,812)
53,438
Add: 5% IGST 2,672
56,110 53,438 2,672 - - 56,110

Jan. 18 Ram Saran Das

20 copies Double Entry Book Keeping @ Rs. 85 each 1,700
1,700 - - - 1,700
Jan. 31 Rishi Kumar, Bengaluru
300 Registers @ Rs. 90 each 27,000
50 Reams Ruled Paper @ Rs. 700 per 35,000
ream
20 Reams Paper @ Rs. 300 per ream 6,000
68,000
Less: 10% Trade Discount 6,800
61,200
Add: 2.5% CGST 1,530
2.5% SGST 1,530
64,260 61,200 - 1,530 1,530 64,260
Jan. 31 1,39,088 2,672 2,099 2,099 1,45,958

Question:9
Prepare Purchases Return Book of Aruna Stores, Kolkata from the following transactions and post them into Ledger:

2019
Jan. 10 Returned to Sohan & Sons,
Kolkata:
10 Rohtas fans 36'' @ 1,250
each
 Trade Discount 10%
CGST and SGST was paid @
6% each
Jan. 25 Returned to Ram & Co., Delhi:
25 Tubelights @ 200 each
IGST was paid @ 12%
Solution:
Books of Aruna Stores
Purchases Return Book
Debit Input Input Input
Details Cost Total
Date Particulars Note L.F. CGST CGST IGST
() () ()
No () () ()
2019
Jan.10 Sohan & Sons, Kolkata
10 Rohtas Fan 36” @ 1,250 12,500
each
Less: 10% Trade Discount (1,250)
11,250
Add: 6% CGST 675
6% SGST 675
12,600 11,250 675 675 - 12,600

Jan.25 Ram & Co.

25 Tubelights @ Rs. 200 each 5,000
Add: 12% IGST 600
5,600 5,000 - - 600 5,600
Jan. 31 16,250 675 675 600 18,200

Question:10
Record the following transactions in the Purchases Return Book of Kamla Stores, Delhi for April, 2019:

2019
April 6 Returned goods to Ramesh Brothers,
Delhi purchased for 5,000 plus CGST
and SGST @ 6% each
April 8 Returned goods to Sohan Brothers,
Meerut purchased for 10,000 plus
IGST @ 12%
April 17 Returned goods to Mahesh Brothers of
2,000 plus CGST and SGST @ 6%
each
Solution:
Books of Kamla Stores
Purchases Return Book

Debit Input Input Input

Details Cost Total
Date Particulars Note L.F. CGST SGST IGST
() () ()
No () () ()
2019
April 06 Ramesh Brothers, Delhi 5,000
Add: 6% CGST 300
6% SGST 300
5,600 5,000 300 300 - 5,600

April 08 Sohan Brothers, Meerut 10,000

Add: 12% IGST 1,200
11,200 10,000 - - 1,200 11,200

April 17 Mahesh Brothers 2,000

Add: 6% CGST 120
6% SGST 120
2,240 2,000 120 120 - 2,240
 April 30 17,000 420 420 1,200 19,040

Question:11
Prepare Sales Return Book of Shiv Shankar, Delhi from the following transactions and post them into Ledger:

2019
Feb. 10 Rama Stores, Delhi returned:
2 Televisions Sony sold @ 20,000
each plus CGST and SGST @ 9%
each
Feb. 20 Sohan Singh & Co. Dehradun
returned:

3 Washing Machines Videocon sold

@ 10,000 each plus IGST @ 18%
Solution:

Sales Return Book of Shiv Shankar, Delhi

Credit Sales Output Output Output
Details Total
Date Particulars Note L.F. Value CGST SGST IGST
() ()
No. () () () ()
2019
Feb.10 Rama Stores, Delhi
2 Television Sony sold @ Rs. 20,000 each 40,000
Add: 9% CGST 3,600
9% SGST 3,600
47,200 40,000 3,600 3,600 - 47,200

Feb.20 Sohan Singh & Co., Dehradun

3 Washing Machines Videocon sold @ Rs. 10,000 each 30,000
Add: 18% IGST 5,400
35,400 30,000 - - 5,400 35,400
Feb. 28 70,000 3,600 3,600 5,400 82,600

Question:12
Enter the following transactions in the Sales Return Book of Raj Computers, Delhi:
2018
July 1 Sohan & Sons returned 2
Laptops HP sold @ 40,000
each plus CGST and SGST
@ 6% each
Ramesh & Sons, Noida
returned 2 'Ricoh' printers
July 2
sold @ 10,000 each plus
IGST @ 12%
July 25 Dinesh, Chandigarh returned
10 HP Desktops sold @
20,000 each plus IGST @
12% for delayed supply
July 26 Computer Mouse returned by
Ravi, Delhi sold to him for
cash 2,000 plus CGST and
SGST @ 6% each

Write up the Ledger Accounts.

Solution:

Sales Return Book of Raj Computers, Delhi

 Credit Sales Output Output Output
Details Total
Date Particulars Note L.F. Value CGST SGST IGST
(Rs) (Rs.)
No (Rs) (Rs.) (Rs.) (Rs.)
2018
July 01 Sohan & Sons, Delhi
2 Laptops HP sold @ Rs. 40,000 each 80,000

Add: 6% CGST 4,800

6% SGST 4,800
89,600 80,000 4,800 4,800 - 89,600

July 02 Ramesh & Sons, Noida

2 Ricoh Printers sold @ Rs. 10,000 20,000
each
Add: 12% IGST 2,400
22,400 20,000 - - 2,400 22,400

July 25 Dinesh, Chandigarh

10 HP Desktop sold @ Rs. 20,000 2,00,000
each
Add:12% IGST 24,000
2,24,000 2,00,000 - - 24,000 2,24,000
July 31 3,00,000 4,800 4,800 26,400 3,36,000

Question:13
Prepare Returns Inward and Return Outward Books of Manoj, Mumbai from the following transactions and post them into Ledger
Accounts:

2019
March 1 Mathur Bros., New Delhi, returned:
5 pairs of Shoes for being defective @ 2,000 per pair
Less: Trade Discount 10%, IGST was charged @ 18%
March 5 Returned to Kanpur Leather Private Ltd., Kanpur:
100 pairs of Chappals being not up to the approved sample.
They were purchased @ 300 per pair
Less: Trade Discount 15%
IGST was paid @ 18%
Baluja Shoes Co., Mumbai, returned 12 pairs of ladies
March 12
chappals sold to them @ 4,000 per pair
Less: Trade Discount 10%, CGST and SGST was charged @
9% each
March 20 Returned to Bata Shoes Pvt Ltd., Mumbai:
100 pairs B.S.C Canvas Shoes @ 500 per pair
Less: Trade Discount 15%
CGST and SGST was paid @ 9% each

Solution:
Returns Inward Book
Credit Sales Output Output Output
Details Total
Date Particulars Note L.F. Value CGST SGST IGST
() ()
No () () () ()
2019
March 01 Mathur Bros., New Delhi
5 pairs of Shoes @ Rs 10,000
2,000 per pair
Less: 10% Trade (1,000)
Discount
9,000
Add: 18% IGST 1,620
10,620 9,000 - - 1,620 10,620

March 12 Baluja Shoes Co., Delhi

 12 pairs of Ladies 48,000
Chappals @ Rs 4,000
per pair
Less: 10% Trade (4,800)
Discount
43,200
Add: 9% CGST 3,888
9% SGST 3,888
50,976 43,200 3,888 3,888 - 50,976
March 31 52,200 3,888 3,888 1,620 61,596

Returns Outward Book

Debit Input Input Input
Details Cost Total
Date Particulars Note L.F. CGST SGST IGST
() () ()
No () () ()
2019
March 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: 18% IGST 4,590
30,090 25,500 - - 4,590 30,090

March 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: 9% CGST 3,825
9% SGST 3,825
50,150 42,500 3,825 3,825 - 50,150
Return Outward A/c Cr. 68,000 3,825 3,825 4,590 80,240

Question:14
(Closing Entries). Give the necessary entries in the Journal Proper of Ram on 31st March, 2019 to close their books:
Freehold Premises 30,000; Plant and Machinery 20,000; Sundry Debtors 25,000; Purchases 37,500; Sales 95,000; Discount (Dr.)
150; Discount (Cr.) 175; Sundry Creditors 12,500; Carriage Inwards 375; Carriage Outwards 600; Furniture and Fixtures 2,500;
Wages 5,000; Bad debts 750; Salaries 3,600; Commission (Cr.) 2,125; Capital Account − 25,000; Bills Payable 7,500; Bills
Receivable 9,000; Trade Expenses 2,550; Ram's Loan Account 20,000; Cash in Hand 75; Cash at Bank 3,125.
Solution:
Journal
Debit Credit
Date Particulars L.F. Amount Amount
(Rs) (Rs)
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 & Loss A/c 52,125
(Transfer of gross profit to Profit &Loss A/c)

Profit & 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 P&L A/c)

Discount A/c Dr. 175

Commission A/c Dr. 2,125
To Profit & Loss A/c 2,300
(Indirect incomes credited to P&L A/c)

Profit & Loss A/c Dr. 46,775

To Capital A/c 46,775
(Transfer of net profit to Capital A/c)

Question:15
(Transfer Entries). Give the Journal entries for the following:
(i) Gross Profit of 32,000 from Trading Account to Profit and Loss Account.
(ii) Net Profit of 14,500 to Capital Account of Sri Sankar Saha.
(iii) Sri Sankar Saha draws 10,000 from his Capital Account.
(iv) Purchases Return of 7,000 plus IGST @ 12%.
(v) Sales Return of ​ 6,000 plus CGST and SGST @ 6% each.
Solution:
Journal
Debit Credit
Date Particulars L.F. Amount Amount
(Rs) (Rs)
(i) Trading A/c Dr. 32,000
To Profit & Loss A/c 32,000
(Transfer of gross profit to Profit
&Loss A/c)

(ii) Profit & Loss A/c Dr. 14,500

To Sri Sankar Saha’s Capital A/c 14,500
(Transfer of net profit to Capital A/c)

(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 returned by us)

(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 returned by customers)

Question:16
(Adjustment Entries) From the following information available on 31st March, 2019, pass the necessary Adjustment Entries in the
Journal for the year ending on that date:
(i) Interest accrued 2,500.
(ii) Wages for March, 2019 outstanding 10,000.
(iii) Insurance prepaid 1,500.
(iv) Commission due to manager 6% on net profit after charging such commission. The profit before charging such commission was
1,06,000.
(v) Interest due on loan but not paid. Loan of 1,50,000 was taken at 9% p.a. 9 months before end of the year.
Solution:
Journal
Debit Credit
S. No. Particulars L.F. Amount Amount
() ()
2019
March Accrued Interest A/c Dr. 2,500
31
To Interest A/c 2,500
 (Interest accrued)

March Wages A/c Dr. 10,000

31
To Wages Outstanding A/c 10,000
(Wages for the month of March
outstanding)

March Prepaid Insurance A/c Dr. 1,500

31
To Insurance A/c 1,500
(Insurance paid in advance)

March Manager’s Commission A/c Dr. 6,000

31
To Manager’s Commission Payable 6,000
A/c
(Manager Commission Charged on Net
Profit)
Note:

March Interest on Loan A/c Dr. 10,125

31
To Interest Outstanding A/c 10,125
(Interest on Loan Outstanding for 9
months)
Note:

Question:17
Enter the following transactions in proper Subsidiary Books of Ram, Lucknow (UP) for the month of January 2019:

2019
Jan. 1 Sold goods to Ramesh of Delhi for
15,000, charged IGST @ 12%
Bought goods from Hari Ram,
Jan. 1 Kanpur (UP) for 8,000, plus CGST
and SGST @ 6% each
Jan. 2 Ramesh returned goods 1,000
Sold goods to Dina Nath, Lucknow
Jan. 2 of 10,000, charged CGST and
SGST @ 6% each
Jan. 2 Purchased goods form Mangal,
Kolkata of 50,000, plus IGST @
12%
Jan. 4 Returned goods to Mangal 5,000
Sold goods to Zakir Hussain,
Jan. 4 Lucknow of 5,000 plus CGST and
SGST @ 6% each
Jan. 5 Zakir Hussain returned goods 500
Jan. 7 Returned goods to Hari Ram 500
Jan. 9 Purchased goods from Raghunath,
Delhi of 10,000 subject to a Trade
Discount of 10%, plus IGST @
12%
Jan. 10 Sold goods to Raja Ram subject to 5,000
Trade Discount of 5%, charged
CGST and SGST @ 6% each
Solution:
Books of Ram
Sales Book
 Output Output Output
Invoice Details Amount Total
Date Particulars L.F. CGST SGST IGST
No. ( ) ( ) ( )
( ) ( ) ( )
2019
Jan.01 Ramesh,Delhi 15,000
Add: 12% IGST 1,800
16,800 15,000 - - 1,800 16,800

Jan.02 Dina Nath, Lucknow 10,000

Add: 6% CGST 600
6% SGST 600
11,200 10,000 600 600 - 11,200

Jan.04 Zakir Hussain, Lucknow 5,000

Add: 6% CGST 300
6% SGST 300
5,600 5,000 300 300 - 5,600

Jan.10 Raja Ram 5,000

Less: 5% Trade Discount 250
4,750
285
285
5,320 4,750 285 285 - 5,320
Jan 31 34,750 1,185 1,185 1,800 38,920

Purchases Book
Invoice Input Input Input
Details Amount Total
Date Particulars No. L.F. CGST SGST IGST
( ) ( ) ( )
( ) ( ) ( )
2019
Jan.01 Hari Ram, Kanpur (UP) 8,000
Add: 6% CGST 480
6% SGST 480
8,960 8,000 480 480 - 8,960

Jan.02 Mangal, Kolkata 50,000

Add: 12% IGST 6,000
56,000 50,000 - - 6,000 56,000

Jan.09 Raghunath, Delhi 10,000

Less: 10% Trade Discount 1,000
9,000
Add: 12% IGST 1,080
10,080 9,000 - - 1,080 10,080
Jan.31 67,000 480 480 7,080 75,040

Sales Return Book

Credit Output Output Output
Details Amount Total
Date Particulars Note L.F. CGST SGST IGST
( ) ( ) ( )
No. ( ) ( ) ( )
2019
Jan.02 Ramesh, Delhi 1,000
Add: 12% IGST 120
1,120 1,000 - - 120 1,120

Jan.05 Zakir Hussain, Lucknow 500

Add: 6% CGST 30
6% SGST 30
560 500 30 30 - 560
Jan.31 1,500 30 30 120 1,680
 Purchases Return Book
Date Particulars Debit L.F. Details Amount Input Input Input Total
Note ( ) ( ) CGST SGST IGST ( )
No. ( ) ( ) ( )
2019
Jan.04 Mangal, Kolkata 5,000
Add: 12% IGST 600
5,600 5,000 - - 600 5,600

Jan.07 Hari Ram, Kanpur (UP) 500

Add: 6% CGST 30
6% SGST 30
560 500 30 30 - 560
Jan.31 5,500 30 30 600 6,160

Question:18
Write up Purchases and Sales Books from the following transactions of Kalyan Silks, Kochi, Kerala given for April, 2019 and post the
totals in the Ledger.

2019
April 1 Purchased from Ram Prasad, Chennai:
100 metres Silk @ 400 per metre
75 metres Velvet @ 150 per metre
Plus IGST @ 12%
April 10 Sold to Rati Ram, Ahmedabad:
60 metres Silk @ 500 per metre
10 metres Velvet @ 200 per metre
Charged IGST @ 12%
April 12 Sold to Ramaswami, Kochi
10 metres Silk @ 550 per metre
10 metres Velvet @ 200 per metre
Charged CGST and SGST @ 6% each
April 18 Roop Narain & Sons Kochi purchased from us:
10 metres Silk @ 550 per metre
5 metres Velvet @ 200 per metre
Allowed Trade Discount 10%, charged CGST and
SGST @ 6% each
April 22 Purchased from Man Mohan Lal, Varanasi:
Shirting Cloth 10,000
Sarees 60,000
Received Trade Discount 10%, plus IGST @ 12%
April 23 Sold to Brij Mohan & Bros., Mathura:
Shirting Cloth 7,000
Sarees 25,000
Charged IGST @ 12%

Solution:
Purchases Book
Date Particulars Invoice L.F. Details Cost Input Input Input Total
No. ( ) ( ) CGST SGST IGST ( )
( ) ( ) ( )
2019
April 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: 12% IGST 6,150
57,400 51,250 - - 6,150 57,400

April 22 Man Mohan Lal, Varanasi

Shirting Cloth 10,000
Saris 60,000
70,000
Less: 10% Trade Discount 7,000
63,000
Add: 12% IGST 7,560
70,560 63,000 - - 7,560 70,560
April 30 1,14,250 - - 13,710 1,27,960

Sales Book
Output Output Output
Invoice Details Amount Total
Date Particulars L.F. CGST SGST IGST
No. ( ) ( ) ( )
( ) ( ) ( )
2019
April 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: 12% IGST 3,840
35,840 32,000 - - 3,840 35,840

April 12 Ramaswami, Kochi

10 metres Silk @ Rs 550 per metre 5,500
10 metres Velvet @ Rs 200 per metre 2,000
7,500
Add: 6% CGST 450
6% SGST 450
8,400 7,500 450 450 - 8,400

April 18 Roop Narain & Sons, Kochi

10 metres Silk @ Rs 550 per metre 5,500
5 metres Velvet @ Rs 200 per metre 1,000
6,500
Less: 10% Tade Discount 650
5,850
Add: 6% CGST 351
6% SGST 351
6,552 5,850 351 351 - 6,552

April 23 Brij Mohan & Bros, Mathura

Shirting Cloth 7,000
Saris 25,000
32,000
Add: 12% IGST 3,840
35,840 32,000 - - 3,840 35,840
April 30 77,350 801 801 7,680 86,632

Purchases Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 30 Sundries of Purchases
as per Purchases
Book
for the month of April 1,14,250
 Ramprasad , Chennai
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 01 Purchases 51,250
April 01 Input IGST 6,150

Man Mohan Lal, Varanasi

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 22 Purchases 63,000
April 22 Input IGST 7,560

Rati Ram, Ahmedabad

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 10 Sales 32,000
April 10 Output IGST 3,840

Ramaswami, Kochi
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 12 Sales 7,500
April 12 Output CGST 450
April 12 Output SGST 450

Roop Narain & Sons, Kochi

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019

April 18 Sales 5,850

April 18 Output CGST 351
April 18 Output SGST 351

Brijmohan & Brothers, Mathura

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 23 Sales 32,000
April 23 Output IGST 3,840

Sales Account
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
 April 30 Sundries as per the 77,350
Sales Book for the
month of April

Input IGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 01 Ram Prasad, Chennai 6,150
April 22 Man Mohan Lal, 7,560
Varanasi

Output IGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 10 Rati Ram, Ahmeabad 3,840
April 10 Brijmohan & Bros., Mathura 3,840

Output CGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 12 Ramaswami, Kochi 450
April 18 Roopnarain & Sons, Kochi 351

Output SGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019
April 12 Ramaswami, Kochi 450
April 18 Roopnarain & Sons, Kochi 351

Question:19
​Record the following transactions of Prabhat Electric Co., Delhi in the proper subsidiary books:

2019
Sold to Grover & Co.,
Jan. 1
Kanpur:
10 Crompton Water Coolers
@ 6,000 each
5 Pedestal Fans @ 2,000
each
Trade Discount 10%,
charged IGST @ 12%
Purchased from Ram &
Jan. 5
Bros., Delhi:
25 Videocon Washing
Machines @ 7,000 each
10 Wall Fans @ 1,500 each
Trade Discount 25%, plus
CGST and SGST @ 6% each
Purchased for cash from
Jan. 10
Raja & Co., Delhi:
10 Electric Kettles @ 750
 Plus CGST and SGST @ 6%
each
Sold to Mahesh Bros.,
Jan. 15
Chandigarh:
5 Crompton Water Coolers
@ 7,000 each
2 Pedestal Fans @ 2,500
each
Charged IGST @ 12%
Jan. 18 Returned to Ram & Bros.:
2 Videocon Washing
Machines being defective
Purchased from Sethi & Co.,
Jan. 20
Delhi:
20 Toasters @ 800
They charged CGST and
SGST @ 6% each
Mahesh Bros. returned one
Jan. 27 Crompton Water Cooler, it
being defective

Solution:
Sales Book
Bill Output Output Output
Date Particulars L.F. Details Value Total
No. CGST SGST IGST
Jan 01 Grover & Co., Kanpur
10 Crompton Water Coolers @ Rs 6,000 each 60,000
5 Pedastal Fans @ Rs 2,000 each 10,000
70,000
Less: 10% T.D. 7,000
63,000
Add: IGST @ 12% 7,560
70,560 63,000 – 7,560 70,560
Jan 15 Mahesh Bros., Chandigarh
5 Crompton Water Coolers @ Rs 7,000 each 35,000
2 Pedastal Fans @ Rs 2,500 each 5,000
40,000
Add: IGST @ 12% 4,800
44,800 40,000 – – 4,800 44,800
1,03,000 – – 12,360 1,15,360

Purchases Book
Invoice Input Input Input
Date Particulars L.F. Details Cost Total
No. CGST SGST IGST
Jan 05 Ram & 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: 25% T.D. 47,500
1,42,500
Add: CGST @ 6% 8,550
Add: SGST @ 6% 8,550
1,59,600 1,42,500 8,550 8,550 – 1,59,600

Jan 20 Sethi& Co., Delhi

20 Toasters @ Rs 800 each 16,000
Add: CGST @ 6% 960
Add: SGST @ 6% 960
17,920 16,000 960 960 – 17,920
1,66,000 9,510 9,510 – 1,77,520

Purchases Return Book

 Debit Input Input Input
Date Particulars Note L.F. Details Cost CGST SGST IGST Total
No.
Jan 18 Ram & Bros., Delhi
2 Videocon 14,000
Washing
Machines @ Rs
7,000 each
Less: 25% T.D. 3,500
10,500
Add: CGST @ 6% 630
Add: SGST @ 6% 630
11,760 10,500 630 630 – 11,760
10,500 630 630 – 11,760

Sales Return Book

Credit Output Output Output
Date Particulars Note L.F. Details Value CGST SGST IGST Total
No.
Jan 27 Mahesh Bros., Chandigarh
1 Crompton Water Coolers @ Rs 7,000 each 7,000
Add: IGST @ 12% each 840
7,840 7,000 – – 840 7,840

1,500 30 30 120 1,680

Question:20
R. Chetan, Kolkata has the following balances in his books on 1st March, 2019:
Cash 15,400; Cash at Bank 82,500; Stock 1,92,500; Plant and Machinery 4,40,000.
Sundry Debtors: Rajesh 27,500; James 13,750.
Sundry Creditors: Rao 19,250, Samanta; 35,750; Capital 7,16,650.
The following are the transactions for the month of March 2019:

2019
March 1 Cash Sales* 2,000
March 2 Purchases machinery by cheque* 5,000
March 4 Paid salaries by cheque 2,750
March 7 Paid wages 440
March 9 Rajesh settled his account by cheque less
5% discount
March 11 Sold goods on credit to James, Patna** 10,000
March 13 Sent a credit note to James for goods
2,240
returned** (Including IGST reversed)
March 18 Paid to Rao by cheque in full settlement 18,000
March 20 Took loan from Bank of Baroda 50,000
March 22 Withdrawn from bank for personal purposes 2,500
March 25 Bought goods from Samanta, Delhi** 5,000
March 27 Paid corporation tax by cheque 1,155
March 30 Cash sales (Including CGST and SGST @ 4,480
6% each) and paid into bank
March 31 All cash in hand, with the exception of
825 retained for change, was paid into the
bank

Transactions marked with (*) are intra-state transactions subject to CGST and SGST @ 6% each. Transactions marked with (**) are inter-
state transactions subject to IGST @ 12%.
Record these transactions in his subsidiary books, post to the Ledger and prepare a Trial Balance as on 31st March, 2019.
Solution:
Cash Book
Cash Bank Cash Bank
Date Particulars L.F. Date Particulars L.F.
( ) ( ) ( ) ( )
 2019 2019
March 01 To Balance b/d 15,400 82,500 March 02 By Machinery 5,000
March 01 To Sales A/c 2,000 March 02 By Input CGST 300
March 01 To Output CGST 120 March 02 By Input SGST 300
March 01 To Output SGST 120 March 04 By Salaries 2,750
March 09 To Rajesh 26,125 March 07 By Wages A/c 440

March 20 To Bank Loan A/c 50,000 March 18 By Rao 18,000

March 30 To Sales A/c 4,000 March 22 By Drawings 2,500
March 30 To Output CGST 240 March 27 By Corporation Tax A/c 1,155
March 30 To Output SGST 240 March 31 By Bank A/c C 21,295
March 31 To Cash A/c C 21,295 March 31 By Balance c/d 825 1,49,475
22,120 1,79,920 22,120 1,79,920

Purchases Book
Input Input Input
Invoice Details Cost Total
Date Particulars L.F. CGST SGST IGST
No. ( ) ( ) ( )
( ) ( ) ( )
2019
Mar 25 Samanta, Delhi 5,000
Add: 12% IGST 600
5,600 5,000 – – 600 5,600
Mar 31 5,000 – – 600 5,600

Sales Book
Output Output Output
Invoice Details Value Total
Date Particulars L.F. CGST SGST IGST
No. ( ) ( ) ( )
( ) ( ) ( )
2019
Mar 11 James Patna 10,000
Add: Output IGST @12% 1,200
11,200 10,000 – – 1,200 11,200
Mar 31 10,000 – – 1,200 11,200

Sales Return Book

Credit Output Output Output
Details Value Total
Date Particulars Note L.F. CGST SGST IGST
( ) ( ) ( )
No. ( ) ( ) ( )
2019
Mar 13 James Patna 2,000
Add: 12% IGST – 240
2,240 2,000 – – 240 2,240
Mar 31 2,000 – – 240 2,240

Stock Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 01 To Balance b/d 1,92,500 March 31 By Balance c/d 1,92,500
1,92,500 1,92,500

Plant and Machinery Account

Dr. Cr.
Amount Amount
Date Particulars J.F. ( ) Date Particulars J.F. ( )

2019 2019
March 01 To Balance b/d 4,40,000 March 31 By Balance c/d 4,40,000
4,40,000 4,40,000
 Rajesh
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 01 To Balance b/d 27,500 March 09 By Bank A/c 26,125
March 09 By Discount Allowed A/c 1,375
27,500 27,500

James
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 01 To Balance b/d 13,750 March 13 By Sales Return A/c 2,000
March 11 To Sales A/c 10,000 March 13 By Output IGST A/c 240
March 11 To Output IGST A/c 1,200 March 31 By Balance c/d 22,710
24,950 24,950

Rao
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 18 To Bank A/c 18,000 March 01 By Balance b/d 19,250
March 18 To Discount Received A/c 1,250
19,250 19,250

Samanta
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 31 To Balance c/d 41,350 March 01 By Balance b/d 35,750
March 25 By Purchases A/c 5,000
March 25 By Input IGST A/c 600
41,350 41,350

Salaries Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019

March 04 To Bank A/c 2,750 March 31 By Balance c/d 2,750

2,750 2,750

Wages Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 07 To Cash A/c 440 March 31 By Balance c/d 440
440 440

Discount Allowed Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 09 To Rajesh 1,375 March 31 By Balance c/d 1,375
1,375 1,375

Discount Received Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 31 To Balance c/d 1,250 March 18 By Rao 1,250
1,250 1,250

Bank Loan Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 31 To Balance c/d 50,000 March 20 By Bank A/c 50,000
50,000 50,000

Drawings Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 22 To Bank A/c 2,500 March 31 By Balance c/d 2,500
2,500 2,500

Corporation Tax Account

Dr. Cr.
Date Particulars J.F. Amount Date Particulars J.F. Amount
( ) ( )
2019 2019
March 27 To Bank A/c 1,155 March 31 By Balance c/d 1,155
1,155 1,155

Input IGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 25 To 600 March 31 By Balance c/d 600
Samanta
600 600

Capital Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 31 To Balance c/d 7,16,650 March 01 By Balance b/d 7,16,650
7,16,650 7,16,650
 Sales Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 31 To Balance c/d 16,000 March 01 By Cash A/c 2,000
March 30 By Cash A/c 4,000
March 31 By Sundries from Sales Book 10,000
16,000 16,000

Output CGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 31 To Balance c/d 360 March 01 By Cash A/c 120
March 30 By Cash A/c 240
360 360

Output SGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 31 To Balance c/d 360 March 01 By Cash A/c 120
March 30 By Cash A/c 240
360 360

Output IGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 13 To James 240 March 11 By James 1,200
March 31 To Balance c/d 960
1,200 1,200

Machinery Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 02 To Bank A/c 5,000 March 31 By Balance c/d 5,000
5,000 5,000

Input CGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 02 To Bank A/c 300 March 31 By Balance c/d 300
300 300

Input SGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
 2019 2019
March 02 To Bank A/c 300 March 31 By Balance c/d 300
300 300

Purchases Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
March 31 To Sundries from purchases Book 5,000 March 31 By Balance c/d 5,000

5,000 5,000

Sales Return Account

Dr. Cr.
Amount Amount
Date Particulars J.F. ( ) Date Particulars J.F. ( )

2019 2019
March 31 To Sundries from Sales Return Book 2,000 March 31 By Balance c/d 2,000
2,000 2,000

Trial Balance
as on March 31, 2019
Debit Credit
S.
Particular J.F. Amount Amount
No.
( ) ( )
1 Capital 7,16,650
2 Purchases 5,000
3 Sales 16,000
4 Sales Return 2,000
5 Output CGST 360
6 Output SGST 360
7 Output IGST 960
8 Machinery 5,000
9 Input CGST 300
10 Input SGST 300
11 Input IGST 600
12 Bank Loan 50,000
13 Drawings 2,500
14 Corporation Tax 1,155
15 Salaries 2,750
16 Wages 440
17 Discount Allowed 1,375
18 Discount Received 1,250
19 James 22,710
20 Samanta 41,350
21 Stock 1,92,500
22 Plant and Machinery 4,40,000
23 Cash in hand 825
24 Bank Balance 1,49,475
8,26,930 8,26,930

Question:21
On 1st March, 2019, Shri Kailash Chand, Lucknow commenced business with cash 50,000. The following are his transactions for the
month of March, 2019. Record them in proper books, post them to the Ledger and take out a Trial Balance:

2019 ​
March 1 Bought goods for cash* 5,000
Purchased from Hari, Lucknow*:
5 Laptops @ 35,000 each
5 Desktops @ 25,000 each
 Less: Trade Discount 15%
March 2 Purchased computer & printer from M/s. Computer Mart against cash 20,000
for office use*
March 5 Deposited into bank 15,000
March 7 Sold goods to Shri Ramesh Chand, Kanpur*:
2 Laptops @ 32,000 each
2 Desktops @ 24,000 each
March 10 Received Cheque from Shri Ramesh Chand on account 75,000
March 14 Received another Cheque in full settlement from Ramesh Chand 49,440
March 15 Sold goods to Jagdish, Kolkata**:
2 Laptops @ 35,000 each
2 Desktops @ 25,000 each
Less: Trade Discount 5%
March 18 Bought from Shyam Lal, Delhi**:
10 Keyboards @ 1,000 each
10 Mouse @ 500 each
March 20 Drew cash from bank for office 17,000
March 21 Paid to Shyam Lal in full settlement 16,500
March 23 Cash Sales 5 Keyboards @ 1,200 each and 5 Mouse @ 600 each*
March 25 Paid Salary 2,500
March 28 Paid Rent* 1,500
March 30 Paid into bank 5,000
March 31 Drew cash for personal expenses 500

​​
Transactions marked with (*) are intra-state transactions subject to CGST and SGST @ 6% each.
Transactions marked with (**) are inter-state transactions subject to IGST @ 12%.
Solution:
Cash Book
Cash Bank Cash Bank
Date Particulars L.F. Date Particulars L.F.
( ) ( ) ( ) ( )
2018 2018
March 01 To Capital A/c 50,000 March 01 By Purchases A/c 5,000
March 05 To Cash A/c C 15,000 March 01 By Input CGST 300
March 10 To Ramesh Chand 75,000 March 01 By Input SGST 300
March 14 To Ramesh Chand 49,440 March 02 By Purchases 20,000
March 20 To Bank A/c C 17,000 March 02 By Input CGST 1,200
March 23 To Sales A/c 9,000 March 02 By Input SGST 1,200
March 23 To Output CGST 540 March 05 By Bank A/c C 15,000
March 23 To Output SGST 540 March 20 By Cash A/c C 17,000
March 30 To Cash A/c C 5,000 March 21 By Shyam Lal 16,500
March 25 By Salary A/c 2,500
March 28 By Rent A/c 1,500
March 28 By Input CGST 90
March 28 By Input SGST 90
March 30 By Bank A/c 5,000
March 31 By Drawing A/c 500
March 31 By Balance c/d 7,900 1,27,440
77,080 1,44,440 77,080 1,44,440

Purchases Book
Input Input Input
Invoice Details Cost Total
Date Particulars L.F. CGST SGST IGST
No. ( ) ( ) ( )
( ) ( ) ( )
2018
Mar 01 Hari, Lucknow 5 laptops @ 35,000 each 1,75,000
5 Desktop @ 25,000 each 1,25,000
3,00,000
Less: Trade Discount@15% 45,000
2,55,000
Add: 6% CGST 15,300
6% SGST 15,300
2,85,600 2,55000 15,300 15,300 – 2,85,600

Mar 18 Shyam Lal, Delhi

10 keyboards @ 1,000 each 10,000
 10 Mouse @ 5,000 each 5,000
15,000
Add: 12% IGST
1,800
16,800 15,000 – – 1,800 16,800
Mar 31 2,70,000 15,300 15,300 1,800 3,02,400

Sales Book
Output Output Output
Invoice Details Value Total
Date Particulars L.F. CGST SGST IGST
No. ( ) ( ) ( )
( ) ( ) ( )
2018
Mar 07 Shri Rames Chand Kanpur
2 laptops @ 32,000 each 64,000
2 Desktop @ 32,000 each 48,000
1,12,000
Add: 6% CGST 6,720
6% SGST 6,720
1,25,440 1,12,000 6,720 6,720 – 1,25,440

Mar 15 Jagdish, Kolkata

2 Laptops @ 35,000 each 70,000
2 Desktops @ 25,000 each 50,000
1,20,000
Less: 5% TD 6,000
1,14,000
Add: 12% IGST
13,680
1,27,680 1,14,000 – – 13,680 1,27,680
Mar 31 2,26,000 6,720 6,720 13,680 2,53,120

Capital Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 31 To Balance b/d 50,000 March 01 By Cash A/c 50,000
50,000 50,000

Purchases Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 01 To Cash A/c 5,000 March 31 By Balance c/d 2,95,000
March 02 To Cash A/c 20,000
March 31 To Sundries from Purchaser Book 2,70,000

2,95,000 2,95,000

Hari
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 31 To Balance c/d 2,85,600 March 01 By Purchases 2,55,000
March 01 By Input CGST 15,300
March 01 By Input SGST 15,300
2,85,600 2,85,600
 Input CGST Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 01 To Cash A/c 300 March 01 By Balance c/d 16,890
March 01 To Hari 15,300
March 02 To Cash A/c 1,200
March 28 To Cash A/c 90
16,890 16,890

Input SGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 01 To Cash A/c 300 March 31 By Balance c/d 16,890
March 01 To Hari 15,300
March 02 To Cash A/c 1,200
March 28 To Cash A/c 90
16,890 16,890

Output CGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 31 To Balance c/d 7,260 March 7 By Shri Ramesh Chand 6,720
March 23 By Cash A/c 540

7,260 7,260

Output SGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 31 To Balance c/d 7,260 March 07 By Shri Ramesh Chand 6,720
March 23 By Cash A/c 540

7,260 7,260

Ramesh Chand
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 07 To Sales A/c 1,12,000 March 10 By Bank A/c 20,000
March 07 To Output CGST A/c 6,720 March 14 By Bank A/c 1,000
March 07 To Output SGST A/c 6,720 March 14 By Discount Allowed A/c 1,000
1,25,440 1,25,440

Sales Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 31 To Balance 2,35,000 March 23 By Cash A/c 9,000
c/d
 March 31 By Sundries 2,26,000
from Sales
Book
2,35,000 2,35,000

Jagdish
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 15 To Sales A/c 1,14,000 March 31 By Balance c/d 1,27,680
March 15 To Output IGST A/c 13,680
1,27,680 1,27,680

Output IGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 31 To Balance c/d 13,680 March 15 By Jagdish 13,680
13,680 13,680

Discount Allowed Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 14 To Ramesh Chand 1,000 March 31 By Balance c/d 1,000
1,000 1,000

Input IGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 18 To Shyam Lal 1,800 March 31 By Balance c/d 1,800
1,800 1,800

Shyam Lal
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 21 To Cash A/c 16,500 March 18 By Purchases A/c 15,000
March 21 To Discount Received A/c 300 March 18 By Input IGST A/c 1,800
16,800 16,800

Rent Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 28 To Cash A/c 1,500 March 31 By Balance c/d 1,500
1,500 1,500

Drawings Account
 Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 31 To Cash A/c 500 March 31 By Balance c/d 500
500 500

Discount Received Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 31 To Balance c/d 300 March 21 By Shyam lal 300
300 300

Salary Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2018 2018
March 25 To Cash A/c 2,500 March 31 By Balance c/d 2,500

2,500 2,500

Trial Balance
As on 30th April 2019
Debit Credit
S.
Particular J.F. Amount Amount
No.
( ) ( )
1 Capital 50,000
2 Purchases 2,95,000
3 Hari 2,85,600
4 Input CGST 16,890
5 Input SGST 16,890
6 Input IGST 1,800
7 Output CGST 7,260
8 Output SGST 7,260
9 Output IGST 13,680
10 Jagdish 1,27,680
11 Sales 2,35,000
12 Discount Allowed 1,000
13 Rent 1,500
14 Discount Received 300
15 Cash 7,900
16 Bank 1,27,440
17 Drawings 500
18 Salary 2,500
5,99,100 5,99,100

Question:22
On 1st January, 2019, Ram of Kolkata commenced business with a capital of 50,000 and entered into following transactions:
Pass the following transactions through proper books to the Ledger. Take out a Trial Balance as on 31st January, 2019. The Cash Book
must be balanced.

2019
Jan. 1 Opened a Bank Account and Deposited 12,500
Purchased Goods against Cash Payment* 20,000
Purchased furniture for Shop* 5,000
Sold goods to R. Raman, Kolkata* 5,000
Jan. 2 Bought goods from Man Mohan, Delhi** 10,000
 Jan. 3 Bought stationery and paid by cash 1,000
Jan. 5 Received cash from R. Raman 5,300
Discount allowed to him 300
Jan. 6 Sold goods to Bimal, Kolkata* 7,500
Jan. 8 Bimal returned part of the goods supplied on the
1,500
6th instant
Jan. 10 Paid cash into bank 1,000
Jan. 12 Paid wages 1,500
Bought on credit from the Union Furniture Co.,
Jan. 13 1,500
Kolkata office desk*
Jan. 19 Paid wages 1,500
Jan. 21 Paid to Man Mohan by cheque 10,700

Discount received 500

Jan. 21 Sold goods to Ramesh, Guwahati including IGST** 6,720
Jan. 22 Received cheque from Bimal 6,000
Jan. 23 Bought goods from Man Mohan, Delhi** 7,000
Jan. 24 Drew by cheque for personal use 2,000
Jan. 27 Paid wages 1,500
Jan. 31 Rent due to landlord* 1,000

Transactions marked with (*) are intra-state transactions subject to CGST and SGST @ 6% each.
Transactions marked with (**) are inter-state transactions subject to IGST @ 12%.
Solution:
Cash Book
Cash Bank Cash Bank
Date Particulars L.F. Date Particulars L.F.
( ) ( ) ( ) ( )
2017 2019
July 01 To Capital A/c 30,000 70,000 July 04 By S.Raj 6,800
July 11 To R. Mukherjee 8,600 July 05 By Computer A/c 5,000
July 20 To Sales A/c 3,300 July 06 By Purchases 5,000
A/c
July 20 To Output CGST A/c 198 July 06 By Input CGST 300
July 20 To Output SGST A/c 198 July 06 By Input SGST 300
July 25 To Cash A/c C 3,500 July 10 By Drawings 2,500
July 31 To T. Rana 12,850 July 17 By D. Seth 9,000
July 25 By Bank A/c C 3,500
July 31 By Wages A/c 480
July 31 By Balance c/d 56,666 52,100
68,146 73,500 68,146 73,500

Purchases Book
Input Input Input
Invoice Details Cost Total
Date Particulars L.F. CGST SGST IGST
No. ( ) ( ) ( )
( ) ( ) ( )
2019
July 01 S. Raj, Delhi 10,000
Less: Trade Discount@10% 1,000
9,000
Add: 6% CGST 540
6% SGST 540
10,080 9,000 540 540 – 10,080

July 05 D. Seth, Patna 20,000

Add: 12% IGST
2,400
22,400 20,000 – – 2,400 22,400

July 09 M. Dey, Kolkata 15,000

Less: Trade Discount @ 5% 750
14,250
Add: 12% IGST

1,710
 15,960 14,250 – – 1,710 15,960

July 14 D. Seth, Patna 12,000

Add: 12% IGST

1,440
13,440 12,000 – – 1,440 13,440

July 20 M. Dey, Kolkata 6,000

Add: 12% IGST 720
6,720 6,000 – – 720 6,720
July 31 61,250 540 540 6,270 68,600

Sales Book
Output Output Output
Invoice Details Value Total
Date Particulars L.F. CGST SGST IGST
No. ( ) ( ) ( )
( ) ( ) ( )
2019
July 02 R.Mukherjee, Kolkata 5,000
Add: 12% IGST 600
5,600 5,000 – – 600 5,600

July 08 D.Das, Kolkata 10,000

Less: 5% T.D. 500
9,500
Add: 12% IGST
1,140
10,640 9,500 – – 1,140 10,640

July 09 R.Mukherjee, Kolkata 12,000

Add: 12% IGST
1,440
13,440 12,000 – – 1,440 13,440

July 14 T. Rana, Delhi 20,000

Add: 6% CGST 1,200
6% SGST 1,200
22,400 20,000 1,200 1,200 – 22,400

July 17 D.Das, Kolkata 10,000

Add: 12% IGST
1,200
11,200 10,000 – – 1,200 11,200

July 28 T. Rana, Delhi 15,000

Add: 6% CGST 900
6% SGST 900
16,800 15,000 900 900 – 16,800
July 31 71,500 2,100 2,100 4,380 80,080

Purchases Return Book

Input Input Input
Invoice Details Cost Total
Date Particulars L.F. CGST SGST IGST
No. ( ) ( ) ( )
( ) ( ) ( )
2019
July S. Raj, Delhi 3,000
04
Less: Trade Discount@10% 300
2,700
Add: 6% CGST 162
6% SGST 162
3,024 2,700 162 162 – 3,024

July M. Dey, Kolkata 4,000

25
 Less: Trade Discount @ 5% 200
3,800
Add: 12% IGST 456
4,256 3,800 – – 456 4,256
July 6,500 162 162 456 7,280
31

Sales Return Book

Output Output Output
Invoice Details Value Total
Date Particulars L.F. CGST SGST IGST
No. ( ) ( ) ( )
( ) ( ) ( )

2019

July 06 R.Mukherjee, Kolkata 2,000

Add: 12% IGST 240

2,240 2,000 – – 240 2,240

July 09 D. Das, Kolkata 3,000

Less: 5% T.D. 150

2,850

Add: 12% IGST

342

3,192 2,850 – – 342 3,192

July 31 4,850 – – 582 5,432

Capital Account
Dr. Cr.

Amount Amount
Date Particulars J.F. Date Particulars J.F.
(Rs) (Rs)
2019 2019

July 31 To Balance b/d 1,00,000 July 01 By Cash A/c 30,000

July 01 By Bank A/c 70,000

50,000 1,00,000

Purchases Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July To 5,000 July By 2,500
06 BankA/c 06 Drawings
A/c
July To 61,250 July By 63,750
31 Sundries 31 Balance
from c/d
Purchases
Book
66,250 66,250

S. Raj
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July To 2,700 July By 9,000
04 Purchases 01 Purchases
Return
July To Input 162 July By Input 540
04 CGST A/c 01 CGST
July To Input 162 July By Input 540
04 SGST A/c 01 SGST
July To Bank 6,800
04 A/c
July To 256
04 Discount
Received
A/c
10,080 10,080

Input CGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July To S. Raj 540 July By S. Raj 162
01 04
July To Bank 300 July By 150
01 A/c 28 Drawings
A/c
July By 528
31 Balance
c/d
840 840

Input SGST Account

Dr. Cr.
Date Particulars J.F. Amount Date Particulars J.F. Amount
( ) ( )

2019 2019
July To S. Raj 540 July By S. Raj 162
01 04
July To Bank 300 July By 150
01 A/c 28 Drawings
A/c
July By 528
31 Balance
c/d
840 840

Output CGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July To Balance 2,298 July By Sales 198
31 c/d 14 A/c
July By T. Rana 1,200
14
July By T. Rana 900
28

2,298 2,298
 Output SGST Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July 31 To Balance c/d 2,298 July 14 By Sales A/c 198
July 14 By T. Rana 1,200
July 28 By T. Rana 900

2,298 2,298

R. Mukherjee
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July 02 To Sales A/c 5,000 July 06 By Sales Return A/c 2,000
July 02 To Output IGST A/c 600 July 14 By Output IGST A/c 240
July 09 To Sales A/c 12,000 July 11 By Cash A/c 8,600
July 09 To Output IGST A/c 1,440 July 11 By Discount Allowed A/c 400
July 31 By Balance c/d 7,800
19,040 19,040

T. Rana
Dr. Cr.

Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July 14 To Sales A/c 20,000 July 20 By Cash A/c 13,000
July 14 To Output CGST A/c 1,200 July 20 By Discount Allowed A/c 500
July 14 To Output SGST A/c 1,200 July 31 By Cash A/c 12,850
July 28 To Sales A/c 15,000 July 31 By Bad Debts A/c 12,850
July 28 To Output CGST A/c 900
July 28 To Output SGST A/c 900
39,200 39,200

Bad Debts Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019

July 31 To T. Rana 12,850 July 31 By 12,850

Balance
c/d
12,850 12,850

Sales Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July 31 To Balance c/d 74,800 July 14 By Cash A/c 3,300
July 31 By Sundries from Sales Book 71,500
74,800 74,800

Discount Received Account

Dr. Cr.
 Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July 04 By S. Raj 256

July 31 To Balance c/d 756 July 17 By D. Seth 500

756 756

Output IGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July 06 To R. Mukherjee 240 July 02 By R. Mukherjee 600
July 09 To D. Das 342 July 08 By D. Das 1,140
July 31 To Balance c/d 3,798 July 09 By R. Mukherjee 1,440

July 17 By D. Das 1,200

4,380 4,380

Discount Allowed Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July 11 To R. Mukherjee 400
July 20 To T. Rana 500 July 31 By Balance c/d 900
900 900

Input IGST Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019

July To D. Seth 2,400 July 25 By M. Dey 456

05
July To M. Dey 1,710 July 31 By Balance c/d 5,814
09
July To D. Seth 1,440
14
July To M. Dey 720
20
6,270 6,270

D. Seth
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July To Bank A/c 9,000 July 05 By Purchases 20,000
17 A/c
July To Discount 500 July 05 By Input IGST A/c 2,400
17 Received A/c
July To Balance c/d 26,340 July 14 By Purchases 12,000
31 A/c
July 18 By Input IGST A/c 1,440
35,840 35,840
 Purchases Return Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July To Balance c/d 6,500 July 31 By Sundries from 6,500
31 Purchases Return
Book

6,500 6,500

Drawings Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July To Cash A/c 2,500 July 31 By Balance c/d 5,300
10
July To Purchases A/c 2,500
28
July To Input CGST 150
28 A/c
July To Input SGST 150
28 A/c
5,300 5,300

D. Das
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July To Sales A/c 9,500 July 09 By Sales Return 2,850
08 A/c
July To Output IGST 1,140 July 09 By Output IGST 342
08 A/c A/c
July To Sales A/c 10,000 July 31 By Balance c/d 18,648
17
July To Output IGST 1,200
17 A/c
21,840 21,840

M. Dey
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July To Purchase 3,800 July 09 By Purchases 14,250
25 Return A/c A/c
July To Input IGST A/c 456 July 09 By Input IGST A/c 1,710
25
July To Balance c/d 18,424 July 20 By Purchases 6,000
31 A/c
July 20 By Input IGST A/c 720
22,680 22,680

Computer Account
Dr. Cr.
 Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July To Cash A/c 5,000 July 31 By Balance c/d 5,000
05
5,000 5,000

Sales Return Account

Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July 3 To Sundries from 4,850 July 31 By Balance c/d 4,850
Sales Book
4,850 4,850

Wages Account
Dr. Cr.
Amount Amount
Date Particulars J.F. Date Particulars J.F.
( ) ( )
2019 2019
July 31 To Cash A/c 480 July 31 By Balance c/d 480
480 480

Trial Balance
as on 31st July, 2019
Debit Credit
S. No. Particular J.F. Amount Amount
( ) ( )
1 Capital 1,00,000
2 Purchases 63,750
3 Purchases Return 6,500
4 R. Mukherjee 7,800
5 Input CGST 528
6 Input SGST 528
7 Input IGST 5,814
8 Output CGST 2,298
9 Output SGST 2,298
10 Output IGST 3,798
11 D. Seth 26,340
12 S. Das 18,648
13 M. Dey 18,424
14 Sales 74,800
15 Sales Return 4,850
16 Discount Allowed 900
17 Bad Debts 12,850
18 Discount Received 756
19 Cash 56,666
20 Bank 52,100
21 Computer 5,000
22 Wages 480
23 Drawings 5,300

2,35,214 2,35,214