From the following particulars, prepare Sales Book of Gupta & Co., Kolkata who deals in furniture :

2018

Jan. 5 Sold on credit to Hari & Co., Kolkata:

10 Tables @ ₹ 1,100 each

20 Chairs @ ₹ 1,000 each

Charged CGST and SGST @ 6% each

Jan. 10 Sold to M/s. Sharma & Co., Delhi on credit:

5 Almirahs @ ₹ 5,000 each

5 Stools @ ₹ 1,000 each

Charged IGST @ 12%

Jan. 20 Sold old typewriter for ₹ 600 to Raja & Co., Kolkata on credit

Charged CGST and SGST @ 6% each

Jan. 20 Sold to M/s. Sohan Lal & Bros., Kolkata on credit:

5 Tables @ ₹ 2,500

1 Revolving Chair @ ₹ 5,000 each

Charged CGST and SGST @ 6% each

Open in App

Solution

2018

Jan.05

Hari & Co., Kolkata

20 chairs@ Rs 1,000 per chair

20,000

10 Tables @ Rs 1,100 per table

11,000

31,000

Add: 6% CGST
6% SGST

1,860
1,860

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

Jan.10

M/s. Sharma & Co., Delhi

5 Almirahas @ Rs. 5,000 each

25,000

5 Stools @ Rs. 1,000 each

5,000

30,000

Add: 12% IGST 3,600

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

Jan. 25

M/s. Sohan Lal & Brothers, Kolkata

5 Tables @ Rs 2,500 each

12,500

1 Revolving Chair @ Rs. 5,000 each

5,000

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

Date

Particulars

J.F.

Amount (Rs)

Date

Particulars

J.F.

Amount (Rs)

2018

Jan 31

Sundries as per the Sales Book

78,500

Hari & Co., Kolkata

Dr.

Cr.

Date

Particulars

J.F.

Amount (Rs)

Date

Particulars

J.F.

Amount (Rs)

2018

Jan 05

Sales

31,000

Jan 05 Output CGST 1,860

Jan 05 Output SGST 1,860

M/s. Sharma & Co. , Delhi

Dr.

Cr.

Date

Particulars

J.F.

Amount (Rs)

Date

Particulars

J.F.

Amount (Rs)

2018

Jan 10

Sales

30,000

Jan 10 Output IGST 3,600

M/s. Sohan Lal & Brothers, Kolkata

Dr.

Cr.

Date

Particulars

J.F.

Amount (Rs)

Date

Particulars

J.F.

Amount (Rs)

2018

Jan 25

Sales

17,500

Jan 25 Output CGST 1,050

Jan 25 Output SGST 1,050

Output IGST Account

Dr.
Cr.

Date

Particulars

J.F.

Amount (₹)

Date

Particulars

J.F.

Amount (₹)

2018

Jan 10 M/sSharma & Co. 3,600

Output CGST Account

Dr.
Cr.

Date

Particulars

J.F.

Amount (₹)

Date

Particulars

J.F.

Amount (₹)

2018

Jan 05 M/s. Hari & Co. 1,860

Jan 25 M/s. Sohan Lal Brothres 1,050

Output SGST Account

Dr.
Cr.

Date

Particulars

J.F.

Amount (₹)

Date

Particulars

J.F.

Amount (₹)

2018

Jan 05 M/s. Hari & Co. 1,860

Jan 25 M/s. Sohan Lal Brothres 1,050

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Similar questions

Q. From the following particulars, prepare Sales Book of Gupta & Co., Kolkata who deals in furniture:

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

Q. 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
April 15	Sold to M/s. Ideal Furniture 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

Q. Prepare a Sales Book from the following transactions of Hema Traders, Kolkata dealing in furniture. Open a Ledger Account also:

2018
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
April 15	Sold to M/s. Ideal Furniture 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

Q. Record the following transactions in the Sales Book of Ganesh & Co. of Jaipur (Rajasthan), who deal in Furniture. Assume CGST @ 6% and SGST @ 6% :-

2017
June 4	Sold to Gupta Furniture House, Agra (U.P.) :-
	120 Chairs @ ₹ 2,500 per Chair
	25 Tables @ ₹ 8,000 per Table
	Less: 5%
8	Sold to Raja Furniture House, Ahmedabad (Gujarat) :-
	8 Almirahs @ ₹ 15,000 each
	9 Steel Cabinets @ ₹ 20,000 each
	Less: Trade discount of 10%
12	Sold old Computer for ₹ 1,500 to Mohan & Co. on Credit.
20	Sold 4 Sofa sets @ ₹ 25,000 each to Varun & Co. for cash
25	Sold to New Furniture House, Jaipur:-
	5 Sofa sets @ ₹ 20,000 each
	10 Tables @ ₹ 8,000 each
28	Purchased from Ram Lal & Co. Jaipur on credit :-
	50 chairs @ ₹ 2,000 each

Q. From the following particulars, prepare a Sales Book of M/s. Gyan Prasad & Bros., Delhi, dealers of stationery and post into Ledger Accounts:

2017
July 1	Sold to M/s. Stationery Mart, Delhi on credit:
	10 reams of 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 cash ₹ 62
July 25	Sold on credit to M/s. Rahim & Co., Varanasi:
	10 Drawing Boards @ ₹ 500 per piece
	Charged IGST @ 12%
July 30	Sold to M/s. Kay Cee & Co., Delhi on credit:
	4 Portable Study Tables @ ₹ 5,000 per table
	Charged CGST and SGST @ 6% each

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Sales Account
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
				2018
				Jan 31	Sundries as per the Sales Book		78,500

Hari & Co., Kolkata
Dr.					Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2018
Jan 05	Sales		31,000
Jan 05	Output CGST		1,860
Jan 05	Output SGST		1,860

M/s. Sharma & Co. , Delhi
Dr.					Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
2018
Jan 10	Sales		30,000
Jan 10	Output IGST		3,600

M/s. Sohan Lal & Brothers, Kolkata
Dr.					Cr.
Date	Particulars	J.F.	Amount (Rs)	Date		Particulars	J.F.	Amount (Rs)
2018
Jan 25	Sales		17,500
Jan 25	Output CGST		1,050
Jan 25	Output SGST		1,050

Output IGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				Jan 10	M/sSharma & Co.		3,600

2018
Jan. 5	Sold on credit to Hari & Co., Kolkata:
	10 Tables @ ₹ 1,100 each
	20 Chairs @ ₹ 1,000 each
	Charged CGST and SGST @ 6% each
Jan. 10	Sold to M/s. Sharma & Co., Delhi on credit:
	5 Almirahs @ ₹ 5,000 each
	5 Stools @ ₹ 1,000 each
	Charged IGST @ 12%
Jan. 20	Sold old typewriter for ₹ 600 to Raja & Co., Kolkata on credit
	Charged CGST and SGST @ 6% each
Jan. 20	Sold to M/s. Sohan Lal & Bros., Kolkata on credit:
	5 Tables @ ₹ 2,500
	1 Revolving Chair @ ₹ 5,000 each
	Charged CGST and SGST @ 6% each

2018
Jan.05	Hari & Co., Kolkata
	20 chairs@ Rs 1,000 per chair	20,000
	10 Tables @ Rs 1,100 per table	11,000
		31,000
	Add: 6% CGST 6% SGST	1,860 1,860
		34,720	31,000	-	1,860	1,860	34,720
Jan.10	M/s. Sharma & Co., Delhi
	5 Almirahas @ Rs. 5,000 each	25,000
	5 Stools @ Rs. 1,000 each	5,000
		30,000

	Add: 12% IGST	3,600

		33,600	30,000	3,600	-	-	33,600
Jan. 25	M/s. Sohan Lal & Brothers, Kolkata
	5 Tables @ Rs 2,500 each	12,500
	1 Revolving Chair @ Rs. 5,000 each	5,000
		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

Output CGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				Jan 05	M/s. Hari & Co.		1,860
				Jan 25	M/s. Sohan Lal Brothres		1,050

Output SGST Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
				2018
				Jan 05	M/s. Hari & Co.		1,860
				Jan 25	M/s. Sohan Lal Brothres		1,050