Question No 01 Chapter No 6 - D.K Goal Class 11

Question No 01 Chapter No 6

1. Pass entries in the books of Mukerjee & Sons. assuming all transactions have taken place within the state of Uttar Pradesh. Assume CGST @9% and SGST @ 9%.

2018
Mar.4	Purchased goods for 5,00,000 from Mehta Bros.
Mar.10	Sold goods for 8,00,000 to Munjal & Co.
Mar.15	Paid for advertisement 40,000 by cheque.
Mar.18	Purchased furniture for office use 50,000 and payment made by cheque.
Mar.25	Purchased furniture for office use 50,000 and payment made by cheque.
Mar.31	Purchased furniture for office use 50,000 and payment made by cheque.

The solution of Question No 01 Chapter No 6: –

In the Books of Radhika Traders
Date	Particulars		L.F.	Debit	Credit
2019
Mar.4	Purchases A/c	Dr.		5,00,000
	Input CGST A/c	Dr.		45,000
	Input SGST A/c	Dr.		45,000
	To Cash A/c				5,90,000
	(Being Purchased from Mehta Bros.)

Mar.10	Munjal & Co. A/c	Dr.		9,44,000
	To Sale A/c	.			8,00,000
	To Output CGST A/c				72,000
	To Output SGST A/c				72,000
	(Being Sold goods to Munjal & Co..)

Mar.15	Advertisement A/c	Dr.		40,000
	Input CGST A/c	Dr.		3,600
	Input SGST A/c	Dr.		3,600
	To Cash A/c				47,200
	(Being Paid for advertisement.)

Mar.18	Furniture A/c	Dr.		50,000
	Input CGST A/c	Dr.		4,500
	Input SGST A/c	Dr.		4,500
	To Bank A/c				59,000
	(Being Purchased office furniture.)

Mar.25	Printing & Stationery A/c	Dr.		8,000
	Input CGST A/c	Dr.		720
	Input SGST A/c	Dr.		720
	To Cash A/c				9,440
	(Being Paid for printing and stationery .)

Mar.31	Output CGST A/c	Dr.		53,820
	Output SGST A/c	Dr.		53,820
	To Input CGST A/c				53,820
	To Input SGST A/c				53,820
	(Being Input tax credit availed.)

Mar.31	Output CGST A/c	Dr.		18,180
	Output SGST A/c	Dr.		18,180
	To Bank A/c				36,360
	(Being Balance tax paid to government.)