Question No 09 Chapter No 6 – D.K Goal Class 11

Question No 09 Chapter No 6

09. Pass entries in the books of all parties in the following cases assuming CGST @ 6% and SGST @ 6%

2018
Mar.1	Pass entries in the books of all parties in the following cases assuming CGST @ 6% and SGST @ 6%
Mar.5	Deepak Patnaik sold goods to Suresh Yadav of Odisha for 1,80,000.
Mar.10	Suresh Yadav sold goods to Ravi Chakravarti of West Bengal for 2,50,000.
Mar.14	Suresh Yadav sold goods to Ravi Chakravarti of West Bengal for 2,50,000.

 

The solution of Question No 09 Chapter No 6: –

In the Books of Mahesh Chand, Bihar
Date	Particulars		L.F.	Debit	Credit
2019
Mar 01	Purchases A/c	Dr.		1,00,000
	Input IGST A/c	Dr.		12,000
	To Sunil Soren A/c				1,12,000
	(Being Purchased goods plus 12%)
Mar 01	Deepak Patnaik A/c	Dr.		1,68,000
	To Sale A/c	.			1,50,000
	To Output IGST A/c				18,000
	(Being Sold goods plus 12)

 

In the Books of Sunil Soren, Jharkhand
Date	Particulars		L.F.	Debit	Credit
2019
Mar 01	Mahesh Chand A/c	Dr.		1,12,000
	To Sale A/c	.			1,00,000
	To Output IGST A/c				12,000
	(Being Sold goods plus 12)

 

In the Books of Deepak Patnaik, Odisha
Date	Particulars		L.F.	Debit	Credit
2019
Mar 01	Purchases A/c	Dr.		1,00,000
	Input IGST A/c	Dr.		12,000
	To Sunil Soren A/c				1,12,000
	(Being Purchased goods plus 12%)
Mar 01	Deepak Patnaik A/c	Dr.		2,01,600
	To Sale A/c	.			1,80,000
	To Output CGST A/c				10,800
	To Output SGST A/c				10,800
	(Being Sold goods plus 6)

 

In the Books of Suresh Yadav, Odisha
Date	Particulars		L.F.	Debit	Credit
2019
Mar 05	Purchases A/c	Dr.		1,00,000
	Input CGST A/c	Dr.		10,800
	Input SGST A/c	Dr.		10,800
	To Deepak Patnaik				2,01,600
	(Being Purchased goods plus 12%)
Mar 10	Ravi Chakravart A/c	Dr.		2,80,000
	To Sale A/c	.			2,50,000
	To Output IGST A/c				30,000
	(Being Sold goods plus 6)

 

In the Books of Ravi Chakravarti, West Bengal
Date	Particulars		L.F.	Debit	Credit
2019
Mar 10	Purchases A/c	Dr.		2,50,000
	Input IGST A/c	Dr.		30,000
	To Sunil Soren A/c				2,80,000
	(Being Purchased goods plus 12%)
Mar 14	Deepak Patnaik A/c	Dr.		3,92,000
	To Sale A/c	.			3,50,000
	To Output CGST A/c				21,000
	To Output SGST A/c				21,000
	(Being Sold goods costing . 2,50,000 at 40)

 

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Also, Check out the solved question of all Chapters: –

D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution

Chapter 1 Evolution of Accounting & Basic Accounting Terms

Chapter 2 Accounting Equations

Chapter 3 Meaning and Objectives of Accounting

Chapter 4 Double Entry System

Chapter 5 Books of Original Entry – Journal 

Chapter 6 Accounting for Goods and Service Tax (GST) (Coming soon)

Chapter 7 Books of Original Entry – Cash Book (Coming soon)

Chapter 8 Books of Original Entry – Special Purpose Subsidiary Books (Coming soon)

Chapter 9 Ledger (Coming soon)

Chapter 10 Trial Balance and Errors (Coming soon)

Chapter 11 Bank Reconciliation Statement (Coming soon)

Chapter 12 Depreciation (Coming soon)

Chapter 13 Bills of Exchange (Coming soon)

Chapter 14 Generally Accepted Accounting Principles(GAAP) 

Chapter 15 Bases of Accounting

Chapter 16 Accounting Standards and International Financial Reporting Standard(IFRS) (Coming soon)

Chapter 17 Capital and Revenue 

Chapter 18 Provisions and Reserves 

Chapter 19 Final Accounts (Coming soon)

Chapter 20 Final Accounts – With Adjustments (Coming soon)

Chapter 21 Errors and their Rectification (Coming soon)

Chapter 22 Accounts from Incomplete Records – Single Entry System (Coming soon)

Chapter 23 Accounts of Not-for-Profit Organisations (Coming soon)

Chapter 24 Computerised Accounting System (Coming soon)

Chapter 25 Introduction to Accounting Information System (Coming soon)