1
Question
Journalise the following transactions in the books of Shri Manoj, Kolkata and prepare Ledger Accounts.
Opening Debit Balances:
Cash in Hand ₹ 15,000; Cash at Bank ₹ 55,000; Stock ₹ 28,000; Debtors ₹ 25,000 (Sunil ₹ 5,000; Abhay ₹ 10,000 and Alok ₹ 10,000); Fixed Assets : Computer and Printer ₹ 50,000; Furniture ₹ 10,000; Delivery Van ₹ 25,000.
Opening Credit Balances:
Bank Loan ₹ 90,000; Salaries Outstanding ₹ 15,000; Creditors ₹ 20,000; Bills Payable ₹ 10,000; Capital ₹ 73,000.
Transactions for the month of April, 2018 were :
(i) Purchased goods from M/s Prabhat Electricals ₹ 10,000 less 10% Trade Discount. Cheque was issued immediately and availed 2% Cash Discount on purchase price.
(ii) Cheque was received from Abhay for the balance allowing him discount of 2%*.
(iii) Cheque was received from Alok for the balance due* .
(iv) Sunil was unable to pay the full dues and offered to pay 75%, which was accepted. Cheque was duly received*.
(v) Gave goods costing ₹ 1,000 as charity. These goods were purchased in Kolkata.
(vi) In a competition held by the RWA where the shop is located an electric iron costing ₹ 500 was given as an award. It had been purchased from Prabhat Electricals, Delhi.
(vii) A debt of ₹ 10,000 that was written off as bad debt in the past was received*.
(viii) Salaries amounting to ₹ 15,000 provided in the books for the month of March, 2018 were paid through cheque*.
(ix) Sales for the month were: Cash Sales ₹ 15,00,000 (Intra-state) and Credit Sales ₹ 3,00,000 (Inter-state).
(x) Purchases for the month were: Cash Purchases ₹ 1,00,000 (Intra-state) and Credit Purchases (Inter-state) ₹ 9,00,000.
Cheques Received from Debtors ₹ 2,00,000; Deposited Cash ₹ 15,00,000.
(xi) Paid to creditors through cheques ₹ 8,90,000*.
(xii) Bank Loan repaid during the month ₹ 20,000*.
Inter-state transactions are subject to levy of IGST @ 12% and Intra-state transactions are subject to levy of CGST and SGST @ 6% each. GST is not levied on transactions marked with (*).
Opening Debit Balances:
Cash in Hand ₹ 15,000; Cash at Bank ₹ 55,000; Stock ₹ 28,000; Debtors ₹ 25,000 (Sunil ₹ 5,000; Abhay ₹ 10,000 and Alok ₹ 10,000); Fixed Assets : Computer and Printer ₹ 50,000; Furniture ₹ 10,000; Delivery Van ₹ 25,000.
Opening Credit Balances:
Bank Loan ₹ 90,000; Salaries Outstanding ₹ 15,000; Creditors ₹ 20,000; Bills Payable ₹ 10,000; Capital ₹ 73,000.
Transactions for the month of April, 2018 were :
(i) Purchased goods from M/s Prabhat Electricals ₹ 10,000 less 10% Trade Discount. Cheque was issued immediately and availed 2% Cash Discount on purchase price.
(ii) Cheque was received from Abhay for the balance allowing him discount of 2%*.
(iii) Cheque was received from Alok for the balance due* .
(iv) Sunil was unable to pay the full dues and offered to pay 75%, which was accepted. Cheque was duly received*.
(v) Gave goods costing ₹ 1,000 as charity. These goods were purchased in Kolkata.
(vi) In a competition held by the RWA where the shop is located an electric iron costing ₹ 500 was given as an award. It had been purchased from Prabhat Electricals, Delhi.
(vii) A debt of ₹ 10,000 that was written off as bad debt in the past was received*.
(viii) Salaries amounting to ₹ 15,000 provided in the books for the month of March, 2018 were paid through cheque*.
(ix) Sales for the month were: Cash Sales ₹ 15,00,000 (Intra-state) and Credit Sales ₹ 3,00,000 (Inter-state).
(x) Purchases for the month were: Cash Purchases ₹ 1,00,000 (Intra-state) and Credit Purchases (Inter-state) ₹ 9,00,000.
Cheques Received from Debtors ₹ 2,00,000; Deposited Cash ₹ 15,00,000.
(xi) Paid to creditors through cheques ₹ 8,90,000*.(xii) Bank Loan repaid during the month ₹ 20,000*.
Inter-state transactions are subject to levy of IGST @ 12% and Intra-state transactions are subject to levy of CGST and SGST @ 6% each. GST is not levied on transactions marked with (*).
Open in App
Solution
Journal of Shri Manoj, Kolkata
Date
Particulars
L.F.
Debit
Amount
(₹)
Credit
Amount
(₹)
2018
April 01
Cash A/c
Dr.
15,000
Bank A/c
Dr.
55,000
Stock A/c
Dr.
28,000
Sunil
Dr.
5,000
Abhay
Dr.
10,000
Alok
Dr.
10,000
Computer and Printer A/c
Dr.
50,000
Furniture A/c
Dr.
10,000
Delivery Van A/c
Dr.
25,000
To Bank Loan
90,000
To Salaries Outstanding A/c
15,000
To Creditors A/c
20,000
To Bills payable A/c
10,000
To Capital
73,000
(Being opening entry passed)
(i)
Purchases A/c
Dr.
9,000
Input IGST A/c
Dr.
1,080
To Bank A/c
9,900
To Discount Received A/c
180
(Being goods purchased plus 6% intra-state GST and availed discount)
(ii)
Bank A/c
Dr.
9,800
Discount Allowed A/c
Dr.
200
To Abhay
10,000
(Being amount received and discount allocated)
(iii)
Bank A/c
Dr.
10,000
To Alok
10,000
(Being cheque received on account)
(iv)
Bank A/c
Dr.
3,750
Bad Debts A/c
Dr.
1,250
To Sunil
5,000
(Being cheque received for part and balance turned bad.)
(v)
Charity A/c
Dr.
1,120
To Purchaser A/c
1,000
To Input CGST A/c
60
To Input SGST A/c
60
(Being goods given as charity and GST reversed)
(vi)
Advertisements A/c
Dr.
560
To Purchases A/c
500
To Input IGST A/c
60
(Being goods given as an award and GST reversed)
(vii)
Cash A/c
Dr.
10,000
To Bad Debts Recovered A/c
10,000
(Being bad debts recovered)
(viii)
Salaries Outstanding A/c
Dr.
15,000
To Bank A/c
15,000
(Being outstanding paid by cheque)
(ix)
Cash A/c
Dr.
16,80,000
To Sales A/c
15,00,000
To Output CGST A/c
90,000
To Output SGST A/c
90,000
(Being cash sales at 6% intra-state GST)
Debtors' A/c
Dr.
3,36,000
To Sales A/c
3,00,000
To Output IGST A/c
36,000
(Being inter-state sales for the month @ 12% IGST on credit)
(x)
Purchases A/c
Dr.
10,00,000
Input CGST A/c
Dr.
6,000
Input SGST A/c
Dr.
6,000
Input IGST A/c
Dr.
1,08,000
To Cash A/c
1,12,000
To Creditors' A/c
10,08,000
(Being intra-state cash purchases and inter-state credit purchases GST @ 6% and 12% respectively)
(x)
Bank A/c
Dr.
17,00,000
To Debtors' A/c
2,00,000
To Cash A/c
15,00,000
(Being cheque received and cash deposited in Bank)
(xi)
Creditors' A/c
Dr.
8,90,000
To Bank A/c
8,90,000
(Being cheque issued)
(xi)
Bank Loan A/c
Dr.
20,000
To Bank A/c
20,000
(Being part of the loan repaid)
Ledger
Cash Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 01
To Balance b/d
15,000
(x)
By Purchases
1,00,000
(vii)
To Bad Debts Recovered A/c
10,000
By Input CGST A/c
6,000
(ix)
To Sales A/c
15,00,000
By Input SGST A/c
6,000
To output CGST A/c
90,000
(x)
By Bank A/c
15,00,000
To output SGST A/c
90,000
April 30
By Balance c/d
93,000
17,05,000
17,05,000
Bank Account
Dr.
Cr.
Date
Particulars
Amount
(₹)
Date
Particulars
Amount
(₹)
2018
2018
April 01
To Balance b/d
55,000
(i)
By Purchases
9,900
(ii)
To Abhay
9,800
(viii)
By Salaries outstanding A/c
15,000
(iii)
To Alok
10,000
(xi)
By Creditors' A/c
8,90,000
(iv)
To Sunil
3,750
(xii)
By Bank Loan A/c
20,000
(x)
To Debtors' A/c
2,00,000
April 30
By Balance c/d
8,43,650
To Cash A/c
15,00,000
17,78,550
17,78,550
Stock Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 01
To Balance b/d
28,000
April 30
By Balance c/d
28,000
28,000
28,000
Sunil
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 01
To Balance b/d
5,000
(iv)
By Bank A/c
3,750
By Bad Debts A/c
1,250
5,000
5,000
Abhay
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 01
To Balance b/d
10,000
(ii)
By Bank A/c
9,800
By Discount Allowed A/c
200
10,000
10,000
Alok
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 01
To Balance b/d
10,000
(iii)
By Bank A/c
10,000
10,000
10,000
Computer and Printer Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 01
To Balance b/d
50,000
April 30
By Balance c/d
50,000
50,000
50,000
Furniture Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 01
To Balance b/d
10,000
April 30
By Balance c/d
10,000
10,000
10,000
Delivery Van Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 01
To Balance b/d
25,000
April 30
By Balance c/d
25,000
25,000
25,000
Bank Loan Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
(xii)
To Bank A/c
20,000
April 01
By Balance b/d
90,000
April 30
To Balance c/d
70,000
90,000
90,000
Salaries Outstanding Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
(viii)
To Bank A/c
15,000
April 01
By Balance b/d
15,000
15,000
15,000
Creditors Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
(xi)
To Bank A/c
8,90,000
April 01
By Balance b/d
20,000
April 30
To Balance c/d
1,38,000
(x)
By Purchases
9,00,000
By Input IGST
1,08,000
10,28,000
10,28,000
Bills Payable Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 30
To Balance c/d
10,000
April 01
By Balance b/d
10,000
10,000
10,000
Capital Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 30
To Balance c/d
73,000
April 01
By Balance b/d
73,000
73,000
73,000
Output IGST Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 30
To Balance c/d
36,000
(ix)
By Debtors' A/c
36,000
36,000
36,000
Input IGST Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
(i)
To Bank A/c
1,080
(vi)
By Advertisements A/c
60
(x)
To Creditors' A/c
1,08,000
April 30
By Balance c/d
1,09,020
1,09,080
1,09,080
Advertisement Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
(vi)
To Purchases A/c
500
April 30
By Balance c/d
560
To Input IGST A/c
60
560
560
Bad Debts Recovered Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 30
To Balance c/d
10,000
(vii)
By Cash A/c
10,000
10,000
10,000
Debtors Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
(ix)
To Sales A/c
3,00,000
(xi)
By Bank A/c
2,00,000
To Output IGST A/c
36,000
April 30
By Balance c/d
1,36,000
3,36,000
3,36,000
Purchases Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
(i)
To Bank A/c
8,820
(v)
By Charity A/c
1,000
To Discount Received
180
(vi)
By Advertisement A/c
500
(x)
To Cash A/c
1,00,000
April 30
By Balance c/d
1,07,500
To Creditors' A/c
9,00,000
10,09,000
10,09,000
Input CGST Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
(x)
To Cash A/c
6,000
(v)
By Charity A/c
60
April 30
By Balance c/d
5,940
6,000
6,000
Input SGST Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
(x)
To Cash A/c
6,000
(v)
By Charity A/c
60
April 30
By Balance c/d
5,940
6,000
6,000
Discount Received Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 30
To Balance c/d
180
(i)
By Purchases
180
180
180
Sales Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 30
To Balance c/d
18,00,000
(ix)
By Cash A/c
15,00,000
By Debtors' A/c
3,00,000
18,00,000
18,00,000
Output CGST Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 30
To Balance c/d
90,000
(ix)
By Cash A/c
90,000
90,000
90,000
Output SGST Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
April 30
To Balance c/d
90,000
(ix)
By Cash A/c
90,000
90,000
90,000
Charity Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
(v)
To Purchases A/c
1,000
April 30
By Balance c/d
1,120
To Input CGST A/c
60
To Input SGST A/c
60
1,120
1,120
Bad Debts Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
(iv)
To Sunil
1,250
April 30
By Balance c/d
1,250
1,250
1,250
Discount Allowed Account
Dr.
Cr.
Date
Particulars
J.F.
Amount
(₹)
Date
Particulars
J.F.
Amount
(₹)
2018
2018
(ii)
To Abhay
200
April 30
By Balance c/d
200
200
200
Trial Balance
As on 30th April 2018
S. No.
Particular
J.F.
Debit
Amount
(₹)
Credit
Amount
(₹)
1
Cash
93,000
2
Bank
8,43,650
3
Stock
28,000
4
Computer & Printers
50,000
5
Furniture
10,000
6
Delivery Van
25,000
7
Creditors
1,38,000
8
Bills Payable
10,000
9
Capital
73,000
10
Output IGST
36,000
11
Input IGST
1,09,020
12
Advertisement
560
13
Debtors
1,36,000
14
Purchases
10,07,500
15
Input CGST
5,940
16
Input SGST
5,940
17
Discount Received
180
18
Sales
18,00,000
19
Output CGST
90,000
20
Output SGST
90,000
21
Bank Loan
70,000
22
Charity
1,120
23
Bad Debts
1,250
24
Discount Allowed
200
25
Bad Debts Recovered
10,000
23,17,180
23,17,180
|
Journal of Shri Manoj, Kolkata
|
|||||
|
Date
|
Particulars
|
L.F.
|
Debit
Amount
(₹)
|
Credit
Amount
(₹)
|
|
|
2018
|
|||||
|
April 01
|
Cash A/c | Dr. |
15,000
|
||
| Bank A/c | Dr. |
55,000
|
|||
| Stock A/c | Dr. |
28,000
|
|||
| Sunil | Dr. |
5,000
|
|||
| Abhay | Dr. |
10,000
|
|||
| Alok | Dr. |
10,000
|
|||
| Computer and Printer A/c | Dr. |
50,000
|
|||
| Furniture A/c | Dr. |
10,000
|
|||
| Delivery Van A/c | Dr. |
25,000
|
|||
| To Bank Loan |
90,000
|
||||
| To Salaries Outstanding A/c |
15,000
|
||||
| To Creditors A/c |
20,000
|
||||
| To Bills payable A/c |
10,000
|
||||
| To Capital |
73,000
|
||||
| (Being opening entry passed) | |||||
|
(i)
|
Purchases A/c | Dr. |
9,000
|
||
| Input IGST A/c | Dr. |
1,080
|
|||
| To Bank A/c |
9,900
|
||||
| To Discount Received A/c |
180
|
||||
| (Being goods purchased plus 6% intra-state GST and availed discount) | |||||
|
(ii)
|
Bank A/c | Dr. |
9,800
|
||
| Discount Allowed A/c | Dr. |
200
|
|||
| To Abhay |
10,000
|
||||
| (Being amount received and discount allocated) | |||||
|
(iii)
|
Bank A/c | Dr. |
10,000
|
||
| To Alok |
10,000
|
||||
| (Being cheque received on account) | |||||
|
(iv)
|
Bank A/c | Dr. |
3,750
|
||
| Bad Debts A/c | Dr. |
1,250
|
|||
| To Sunil |
5,000
|
||||
| (Being cheque received for part and balance turned bad.) | |||||
|
(v)
|
Charity A/c | Dr. |
1,120
|
||
|
To Purchaser A/c
|
1,000
|
||||
|
To Input CGST A/c
|
60
|
||||
|
To Input SGST A/c
|
60
|
||||
| (Being goods given as charity and GST reversed) | |||||
|
(vi)
|
Advertisements A/c | Dr. |
560
|
||
|
To Purchases A/c
|
500
|
||||
|
To Input IGST A/c
|
60
|
||||
| (Being goods given as an award and GST reversed) | |||||
|
(vii)
|
Cash A/c | Dr. |
10,000
|
||
|
To Bad Debts Recovered A/c
|
10,000
|
||||
| (Being bad debts recovered) | |||||
|
(viii)
|
Salaries Outstanding A/c | Dr. |
15,000
|
||
| To Bank A/c |
15,000
|
||||
| (Being outstanding paid by cheque) | |||||
|
(ix)
|
Cash A/c | Dr. |
16,80,000
|
||
|
To Sales A/c
|
15,00,000
|
||||
|
To Output CGST A/c
|
90,000
|
||||
|
To Output SGST A/c
|
90,000
|
||||
| (Being cash sales at 6% intra-state GST) | |||||
| Debtors' A/c | Dr. |
3,36,000
|
|||
|
To Sales A/c
|
3,00,000
|
||||
|
To Output IGST A/c
|
36,000
|
||||
| (Being inter-state sales for the month @ 12% IGST on credit) | |||||
|
(x)
|
Purchases A/c | Dr. |
10,00,000
|
||
| Input CGST A/c | Dr. |
6,000
|
|||
| Input SGST A/c | Dr. |
6,000
|
|||
| Input IGST A/c | Dr. |
1,08,000
|
|||
| To Cash A/c |
1,12,000
|
||||
| To Creditors' A/c |
10,08,000
|
||||
| (Being intra-state cash purchases and inter-state credit purchases GST @ 6% and 12% respectively) | |||||
|
(x)
|
Bank A/c | Dr. |
17,00,000
|
||
|
To Debtors' A/c
|
2,00,000
|
||||
|
To Cash A/c
|
15,00,000
|
||||
| (Being cheque received and cash deposited in Bank) | |||||
|
(xi)
|
Creditors' A/c | Dr. |
8,90,000
|
||
|
To Bank A/c
|
8,90,000
|
||||
| (Being cheque issued) | |||||
|
(xi)
|
Bank Loan A/c | Dr. |
20,000
|
||
|
To Bank A/c
|
20,000
|
||||
| (Being part of the loan repaid) | |||||
|
Ledger
|
|||||||||
|
Cash Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 01
|
To Balance b/d |
15,000
|
(x)
|
By Purchases |
1,00,000
|
||||
|
(vii)
|
To Bad Debts Recovered A/c |
10,000
|
By Input CGST A/c |
6,000
|
|||||
|
(ix)
|
To Sales A/c |
15,00,000
|
By Input SGST A/c |
6,000
|
|||||
| To output CGST A/c |
90,000
|
(x)
|
By Bank A/c |
15,00,000
|
|||||
| To output SGST A/c |
90,000
|
April 30
|
By Balance c/d |
93,000
|
|||||
|
17,05,000
|
17,05,000
|
||||||||
|
Bank Account
|
|||||||
| Dr. |
|
Cr.
|
|||||
|
Date
|
Particulars
|
Amount
(₹)
|
Date
|
Particulars
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||
|
April 01
|
To Balance b/d |
55,000
|
(i)
|
By Purchases |
9,900
|
||
|
(ii)
|
To Abhay |
9,800
|
(viii)
|
By Salaries outstanding A/c |
15,000
|
||
|
(iii)
|
To Alok |
10,000
|
(xi)
|
By Creditors' A/c |
8,90,000
|
||
|
(iv)
|
To Sunil |
3,750
|
(xii)
|
By Bank Loan A/c |
20,000
|
||
|
(x)
|
To Debtors' A/c |
2,00,000
|
April 30
|
By Balance c/d |
8,43,650
|
||
| To Cash A/c |
15,00,000
|
||||||
|
17,78,550
|
17,78,550
|
||||||
|
Stock Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 01
|
To Balance b/d |
28,000
|
April 30
|
By Balance c/d |
28,000
|
||||
|
28,000
|
28,000
|
||||||||
|
Sunil
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 01
|
To Balance b/d |
5,000
|
(iv)
|
By Bank A/c |
3,750
|
||||
| By Bad Debts A/c |
1,250
|
||||||||
|
5,000
|
5,000
|
||||||||
|
Abhay
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 01
|
To Balance b/d |
10,000
|
(ii)
|
By Bank A/c |
9,800
|
||||
| By Discount Allowed A/c |
200
|
||||||||
|
10,000
|
10,000
|
||||||||
|
Alok
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 01
|
To Balance b/d |
10,000
|
(iii)
|
By Bank A/c |
10,000
|
||||
|
10,000
|
10,000
|
||||||||
|
Computer and Printer Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 01
|
To Balance b/d |
50,000
|
April 30
|
By Balance c/d |
50,000
|
||||
|
50,000
|
50,000
|
||||||||
|
Furniture Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 01
|
To Balance b/d |
10,000
|
April 30
|
By Balance c/d |
10,000
|
||||
|
10,000
|
10,000
|
||||||||
|
Delivery Van Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 01
|
To Balance b/d |
25,000
|
April 30
|
By Balance c/d |
25,000
|
||||
|
25,000
|
25,000
|
||||||||
|
Bank Loan Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
(xii)
|
To Bank A/c |
20,000
|
April 01
|
By Balance b/d |
90,000
|
||||
|
April 30
|
To Balance c/d |
70,000
|
|||||||
|
90,000
|
90,000
|
||||||||
|
Salaries Outstanding Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
(viii)
|
To Bank A/c |
15,000
|
April 01
|
By Balance b/d |
15,000
|
||||
|
15,000
|
15,000
|
||||||||
|
Creditors Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
(xi)
|
To Bank A/c |
8,90,000
|
April 01
|
By Balance b/d |
20,000
|
||||
|
April 30
|
To Balance c/d |
1,38,000
|
(x)
|
By Purchases |
9,00,000
|
||||
| By Input IGST |
1,08,000
|
||||||||
|
10,28,000
|
10,28,000
|
||||||||
|
Bills Payable Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 30
|
To Balance c/d |
10,000
|
April 01
|
By Balance b/d |
10,000
|
||||
|
10,000
|
10,000
|
||||||||
|
Capital Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 30
|
To Balance c/d |
73,000
|
April 01
|
By Balance b/d |
73,000
|
||||
|
73,000
|
73,000
|
||||||||
|
Output IGST Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 30
|
To Balance c/d |
36,000
|
(ix)
|
By Debtors' A/c |
36,000
|
||||
|
36,000
|
36,000
|
||||||||
|
Input IGST Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
(i)
|
To Bank A/c |
1,080
|
(vi)
|
By Advertisements A/c |
60
|
||||
|
(x)
|
To Creditors' A/c |
1,08,000
|
April 30
|
By Balance c/d |
1,09,020
|
||||
|
1,09,080
|
1,09,080
|
||||||||
|
Advertisement Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
(vi)
|
To Purchases A/c |
500
|
April 30
|
By Balance c/d |
560
|
||||
| To Input IGST A/c |
60
|
||||||||
|
560
|
560
|
||||||||
|
Bad Debts Recovered Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 30
|
To Balance c/d |
10,000
|
(vii)
|
By Cash A/c |
10,000
|
||||
|
10,000
|
10,000
|
||||||||
|
Debtors Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
(ix)
|
To Sales A/c |
3,00,000
|
(xi)
|
By Bank A/c |
2,00,000
|
||||
| To Output IGST A/c |
36,000
|
April 30
|
By Balance c/d |
1,36,000
|
|||||
|
3,36,000
|
3,36,000
|
||||||||
|
Purchases Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
(i)
|
To Bank A/c |
8,820
|
(v)
|
By Charity A/c |
1,000
|
||||
| To Discount Received |
180
|
(vi)
|
By Advertisement A/c |
500
|
|||||
|
(x)
|
To Cash A/c |
1,00,000
|
April 30
|
By Balance c/d |
1,07,500
|
||||
| To Creditors' A/c |
9,00,000
|
||||||||
|
10,09,000
|
10,09,000
|
||||||||
|
Input CGST Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
(x)
|
To Cash A/c |
6,000
|
(v)
|
By Charity A/c |
60
|
||||
|
April 30
|
By Balance c/d |
5,940
|
|||||||
|
6,000
|
6,000
|
||||||||
|
Input SGST Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
(x)
|
To Cash A/c |
6,000
|
(v)
|
By Charity A/c |
60
|
||||
|
April 30
|
By Balance c/d |
5,940
|
|||||||
|
6,000
|
6,000
|
||||||||
|
Discount Received Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 30
|
To Balance c/d |
180
|
(i)
|
By Purchases |
180
|
||||
|
180
|
180
|
||||||||
|
Sales Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 30
|
To Balance c/d |
18,00,000
|
(ix)
|
By Cash A/c |
15,00,000
|
||||
| By Debtors' A/c |
3,00,000
|
||||||||
|
18,00,000
|
18,00,000
|
||||||||
|
Output CGST Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 30
|
To Balance c/d |
90,000
|
(ix)
|
By Cash A/c |
90,000
|
||||
|
90,000
|
90,000
|
||||||||
|
Output SGST Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
April 30
|
To Balance c/d |
90,000
|
(ix)
|
By Cash A/c |
90,000
|
||||
|
90,000
|
90,000
|
||||||||
|
Charity Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
(v)
|
To Purchases A/c |
1,000
|
April 30
|
By Balance c/d |
1,120
|
||||
| To Input CGST A/c |
60 |
||||||||
| To Input SGST A/c |
60 |
||||||||
|
1,120
|
1,120
|
||||||||
|
Bad Debts Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
(iv)
|
To Sunil |
1,250
|
April 30
|
By Balance c/d |
1,250
|
||||
|
1,250
|
1,250
|
||||||||
|
Discount Allowed Account
|
|||||||||
|
Dr.
|
Cr.
|
||||||||
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
Date
|
Particulars
|
J.F.
|
Amount
(₹)
|
||
|
2018
|
2018
|
||||||||
|
(ii)
|
To Abhay |
200
|
April 30
|
By Balance c/d |
200
|
||||
|
200
|
200
|
||||||||
|
Trial Balance
As on 30th April 2018
|
||||
|
S. No.
|
Particular
|
J.F.
|
Debit
Amount
(₹)
|
Credit
Amount
(₹)
|
|
1
|
Cash |
93,000
|
||
|
2
|
Bank |
8,43,650
|
||
|
3
|
Stock |
28,000
|
||
|
4
|
Computer & Printers |
50,000
|
||
|
5
|
Furniture |
10,000
|
||
|
6
|
Delivery Van |
25,000
|
||
|
7
|
Creditors |
1,38,000
|
||
|
8
|
Bills Payable |
10,000
|
||
|
9
|
Capital |
73,000
|
||
|
10
|
Output IGST |
36,000
|
||
|
11
|
Input IGST |
1,09,020
|
||
|
12
|
Advertisement |
560
|
||
|
13
|
Debtors |
1,36,000
|
||
|
14
|
Purchases |
10,07,500
|
||
|
15
|
Input CGST |
5,940
|
||
|
16
|
Input SGST |
5,940
|
||
|
17
|
Discount Received |
180
|
||
|
18
|
Sales |
18,00,000
|
||
|
19
|
Output CGST |
90,000
|
||
|
20
|
Output SGST |
90,000
|
||
|
21
|
Bank Loan |
70,000
|
||
|
22
|
Charity |
1,120
|
||
|
23
|
Bad Debts |
1,250
|
||
|
24
|
Discount Allowed |
200
|
||
|
25
|
Bad Debts Recovered |
10,000
|
||
|
23,17,180
|
23,17,180
|
|||
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