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Question No 13 Chapter No 10 – T.S. Grewal 11 Class

Query No 13 Chapter.

Write the next transaction within the Cashbook of Premium Shops, Kolkata :

2018 Rs
Jan.1Commenced enterprise with money 50,000
Jan.2Opened Checking account and deposited  money in financial institution20,000
 Bought items  in money of Rs 5,000 plus CGST and SGST @6% every  5,000
Jan.4Paid wages 500
Jan.6Money gross sales of Rs 2,000 plus CGST and SGST @6% every 2,000
 Bought items for Rs 10,000 plus CGST and SGST @6% every  
Jan.10Bought items of RS 4,000 plus CGST and SGST @6% every and cost acquired by cheque which is deposited in Financial institution ,allowed Money low cost of Rs 400 
 Acquired from Amit 5,900
 Allowed him low cost  100
Jan.15Paid to Bhaskar2,800
 Acquired low cost200
Jan.18Bought items from Kanchan , Delhi of Rs 10,000 plus IGST12% 
Jan.20Items had been destroyed throughout transport firm settled the declare for Rs 10,000 in full  
Jan.27Acquired cheque from the transport firm10,000
Jan.28Withdrew for workplace use5,000

The answer of Query No 13 Chapter No 10: – 

Within the Books of Premium Shops, Kolkata

Dr.Money E book Cr.
DateParticulars
L.F.Money Financial institution DateParticulars
L.F.MoneyFinancial institution
Jan. 2018    Jan. 2018    
1To Capital A/c 50,000 2By Financial institution A/cc20,000 
2To Money A/cc 20,0002By Buy A/c 5,000 
6To Sale A/c  2,000 2By Enter CGST A/c 300 
6To Output CGST A/c 120 3By Enter SGST A/c 300 
6To Output SGST A/c 120 4By Wages A/c 500 
10To Sale A/c *  3,6006By Buy A/c 10,000 
10To Output CGST A/c  2406By Enter CGST A/c 600 
10To Output SGST A/c  2406By Enter SGST A/c 600 
10To Amit A/c 5,900 15By Bhaskar A/c 2,800 
27To Transport Firm A/c  10,00028By Money A/c  5,000
          
28To Financial institution A/c 5,000      
     31By Stability C/d 23,04029,080
          
   63,14034,080   63,14034,080

All transactions that are highlighted with (*) are defined as following as follows: –

*Oct. 2  Money Sale Rs 60,000 plus CGST and SGST @6% every

The calculation of Quantity of CGST and SGST @ 6% every
60,0000 * 12% = 7,200/-


*Oct. 9 Sale of products of 10,000 plus CGST and [email protected]% every

The calculation of Quantity of CGST and SGST @ 6% every
10,000 * 6% = 600/- every

*Oct. 18 Ramesh who owed Rs 5,000 turned Bankrupt and Paid us 50 paise in a rupee

The calculation of the Quantity of Unhealthy Money owed
5,000 X .50
2,500/-

*Oct. 27 Bought items for Rs 11,000 Plus CGST and SGST @6% towards Money

The calculation of Quantity of CGST and SGST @ 6% every
11,000 * 6% = 660/- every

*Oct. 28 Acquired a cheque for items bought for Rs 9,000 plus CGST and SGST @6% every

The calculation of Quantity of CGST and SGST @ 6% every
9,000 * 6% = 540/- every

To know extra about money e book please take a look at following hyperlinks: –

Money E book | Sorts of Money E book | Subsidiary Books

Single Column Money E book | Defined with Instance

Double Column Money E book | Defined with Instance

Triple Column Money E book | Defined with Instance

Petty Money E book | Instance | Subsidiary Books

Thanks Please share with your pals  

Remark when you’ve got any query.

Additionally, Try earlier Chapters: –

 

Try T.S. Grewal +1 E book 2019 @ Oficial Web site of Sultan Chand Publication

T.S. Grewals Double Entry Book Keeping - Question No 13 Chapter No 10 - T.S. Grewal 11 Class

T.S. Grewal’s Double Entry E book Maintaining

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