Question

Journalise the following transactions of Ram Delhi:

2018		₹
Jan. 1	Ram commenced business with cash	30,000
Jan. 2	Open a bank account with Union Bank by cheque from saving account	21,000
Jan. 3	Purchased goods from Rahul in cash	10,000
Jan. 7	Withdrew cash from bank for office use	3,000
Jan. 10	Sold goods to Hari, Delhi on credit	5,000
Jan. 15	Purchased goods from Shyam, Meerut (UP)	15,000
Jan. 20	Cash sales	3,000
Jan. 25	Paid to Shyam	14,750
	Discount Received	250
Jan. 31	Paid Salaries	10,000

CGST and SGST is levied @ 6% each on intra-state sale and purchase. IGST is levied @12% on inter-state sale and purchase.

Answer 1

Journal
Date	Particulars		L.F.	Debit Amount (₹)	Credit Amount (₹)
2018
Jan.01	Cash A/c	Dr.		30,000
	To Capital A/c				30,000
	(Ram commenced business with Cash)
Jan.02	Bank A/c	Dr.		21,000
	To Cash A/c				21,000
	(Paid into Bank )
Jan.03	Purchases A/c Input CGST A/c Input SGST A/c	Dr. Dr. Dr.		10,000 600 600
	To Cash A/c				11,200
	(Purchased goods @ 6% CGST and SGST)
Jan.07	Cash A/c	Dr.		3,000
	To Bank A/c				3,000
	(Drew cash from Bank for office use )
Jan.10	Hari	Dr.		5,600
	To Sales A/c To Output CGST A/c To Output SGST A/c				5,000 300 300
	(Sold goods to Hari @ 6% CGST and SGST)
Jan.15	Purchases A/c Input IGST A/c	Dr.		15,000 1,800
	To Shyam				16,800
	(Purchased goods from Shyam @ 12% IGST)
Jan.20	Cash A/c	Dr.		3,360
	To Sales A/c To Output CGST A/c To Output SGST A/c				3,000 180 180
	(Cash Sales)
Jan.25	Shyam	Dr.		15,000
	To Cash A/c				14,750
	To Discount Received A/c				250
	(Paid to Shyam and received discount from him)
Jan.31	Salaries A/c	Dr.		10,000
	To Cash A/c				10,000
	(Paid Salaries)