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Question -

Record journal entries for the following transactions in the books of Anudeep of Delhi:
(a) Bought goods Rs. 2,00,000 from Kanta of Delhi (CGST @ 9%, SGST @ 9%)
(b) Bought goods Rs. 1,00,000 for cash from Rajasthan (IGST @ 12%)
(c) Sold goods Rs. 1,50,000 to Sudhir of Punjab (IGST @ 18%)
(d) Paid for Railway Transport Rs. 10,000 (CGST @ 5%, SGST @ 5%)
(e) Sold goods Rs. 1,20,000 to Sidhu of Delhi (CGST @ 9%, SGST @ 9%)
(f) Bought Air-Condition for office use Rs. 60,000 (CGST @ 9%, SGST @ 9%)
(g) Sold goods Rs. 1,50,000 for cash to Sunil to Uttar Pradesh (IGST 18%)
(h) Bought Motor Cycle for business use Rs. 50,000 (CGST 14%, SGST @ 14%)
(i) Paid for Broadband services Rs. 4,000 (CGST @ 9%, SGST @ 0%)
(j) Bought goods Rs. 50,000 from Rajesh, Delhi (CGST @ 9%, SGST @ 9%)



Answer -


Date

Particulars

 

L.F.

Dr.   Rs.

Cr. Rs.

(a)

Purchases A/c

Dr

 

2,00,000

 

 

Input CGST A/c                 

Dr

 

18,000

 

 

Input SGST A/c       

 

 

    18,000

 

 

         To Kanta

 

 

 

2,36,000

 

(Being goods purchased on credit locally)

 

 

 

 

 

 

 

 

 

 

(b)

Purchases A/c  

Dr

 

1,00,000

 

 

Input IGST A/c                    

Dr

 

    12,000

 

 

        To Cash A/c

 

 

 

1,12,000

 

(Being goods purchased in cash from Rajasthan)

 

 

 

 

 

 

 

 

 

 

(c)

Sudhir A/c      

Dr

 

1,77,000

 

 

       To Sales A/c

 

 

 

1,50,000

 

       To Output IGST A/c

 

 

 

27,000

 

(Being goods supplied on credit to Punjab)

 

 

 

 

 

 

 

 

 

 

(d)

Transport Charges A/c

Dr

 

10,000

 

 

Input CGST A/c    

Dr

 

    500 

 

 

Input SGST A/c              

 

 

500

 

 

        To Bank A/c

 

 

 

11,000

 

 

 

 

 

 

(e)

Sidhu A/c

Dr

 

1,41,600

 

 

To Sales A/c

 

 

 

    1,20,000

 

         To Output CGST A/c    

 

 

 

   10,800

 

To Output SGST A/c  

 

 

 

   10,800

 

(Being goods sold on credit locally)

 

 

 

 

 

 

 

 

 

 

(f)

Air Conditioner  A/c

Dr

 

   60,000

 

 

Input CGST A/c

Dr

 

   5,400

 

 

Input SGST A/c

Dr

 

  5,400

 

 

         To Bank A/c

 

 

 

   70,800

 

(Being goods purchased locally)

 

 

 

 

 

 

 

 

 

 

(g)

Cash A/c      

Dr

 

1,77,000

 

 

      To Sales A/c

 

 

 

1,50,000

 

      To Output IGST A/c

 

 

 

27,000  

 

(Being goods supplied on credit to Uttar Pradesh)

 

 

 

 

 

 

 

 

 

 

(h)

Motor Cycle A/c

Dr

 

   50,000

 

 

Input CGST A/c

Dr

 

  7,000

 

 

Input SGST A/c

Dr

 

  7,000

 

 

          To Bank A/c

 

 

 

   64,000

 

(Being motorcycle purchased locally for office use)

 

 

 

 

 

 

 

 

 

 

(i)

Internet  Charges A/c

Dr

 

  4,000  

 

 

Input CGST A/c       

Dr

 

360

 

 

Input SGST A/c              

Dr

 

360

 

 

          To Bank A/c

 

 

 

     4,720

 

(Being broadband charges paid)

 

 

 

 

 

 

 

 

 

 

(j)

Purchases A/c

Dr

 

50,000

 

 

Input CGST A/c

Dr

 

   4,500

 

 

Input SGST A/c

Dr

 

   4,500

 

 

         To Rajesh

 

 

 

   59,000

 

(Being goods purchased on credit locally)

 

 

 

 

 

 

 

 

 

 

(k)

Purchases A/c    

Dr

 

50,000

   

 

Input CGST A/c

Dr

 

  4,500

 

 

Input SGST A/c

Dr

 

  4,500

 

 

          To Rajesh

 

 

 

   59,000

 

(Being goods purchased on credit locally)

 

 

 

 

 

 

 

 

 

 

(h)

Output IGST A/c

Dr

 

54,000

 

 

Output CGST A/c

Dr

 

12,000

 

 

Output SGST A/c

Dr

 

12,000

 

 

      To Input IGST A/c

 

 

 

  12,000

 

      To Input CGST A/c

 

 

 

  33,000

 

       To Input SGST A/c

 

 

 

  33,000

 

(Being GST set off and excess of CGST and SGST to be claimed as a refund)

 

 

 

 

 

 

Working Note 1

 

Particulars

IGST

CGST

SGST

Output

54,000

12,000

12,000

Input

12,000

35,760

 35,760

Excess

42,000

-23,760

-23,760

Set off

-42,000

21,000

 21,000

Payable

 Nil

  -2,760( Refund)

-2,760 (Refund)

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