Question

Pass entries in the books of Krishnan of Bengaluru (Karnataka) in the following cases:

I	Purchased goods from Karunakaran of Chennai for ₹ 1,00,000. (IGST @18%)
II	Sold goods to Ganeshan of Bengaluru for ₹ 1,50,000. (CGST @ 6% and SGST @ 6%)
III	Sold goods to S. Nair of Kerala for ₹ 2,60,000. (IGST @18%)
IV	Purchased a Machinery for ₹ 80,000 from Surya Ltd. against cheque. (CGST @ 9% and SGST @ 9%)
V	Paid rent ₹ 30,000 by cheque. (CGST @ 6% and SGST @ 6%)
VI	Purchased goods from Ram Mohan Rai of Bengaluru for ₹ 2,00,000. (CGST @ 6% and SGST @ 6%)
VII	Paid insurance premium ₹ 10,000 by cheque. (CGST @ 9% and SGST @ 9%)
VIII	Received commission ₹ 20,000 by cheque which is deposited into bank. (CGST @ 9% and SGST @ 9%)
IX	Payment made of balance amount of GST.

Answer 1

Journal
Date	Particulars		L.F.	Debit Amount (₹)	Credit Amount (₹)
	Purchases A/c	Dr.		1,00,000
	Input IGST A/c			18,000
	To Karunakaran A/c				1,18,000
	(Purchased goods on credit)
	Ganeshan A/c	Dr.		1,68,000
	To Sales A/c				1,50,000
	To Output CGST A/c				9,000
	To Output SGST A/c				9,000
	(Sold goods on credit)
	S. Nair A/c	Dr.		3,06,800
	To Sales A/c	Dr.			2,60,000
	To Output IGST A/c				46,800
	(Sold goods on credit)
	Machinery A/c	Dr.		80,000
	Input CGST A/c			7,200
	Input SGST A/c			7,200
	To Bank A/c				94,400
	(Purchased Motor bike against cheque)
	Rent A/c	Dr.		30,000
	Input CGST A/c	Dr.		1,800
	Input SGST A/c	Dr.		1,800
	To Bank A/c				33,600
	(Paid rent by cheque)
	Purchases A/c	Dr.		2,00,000
	Input CGST A/c			12,000
	Input SGST A/c			12,000
	To Ram Mohan Rai A/c				2,24,000
	(Purchased goods on credit)
	Insurance Premium A/c	Dr.		10,000
	Input CGST A/c	Dr.		900
	Input SGST A/c	Dr.		900
	To Bank A/c				11,800
	(Paid insurance premium by cheque)
	Bank A/c	Dr.		23,600
	To Commission A/c				20,000
	To Output CGST A/c				1,800
	To Output SGST A/c				1,800
	(Received commission and deposited in bank)
	Output IGST A/c	Dr.		18,000
	To Input IGST A/c				18,000
	(Input tax credit availed)
	Output CGST A/c	Dr.		10,800
	Output SGST A/c	Dr.		10,800
	To Input CGST A/c				10,800
	To Input IGST A/c				10,800
	(Input tax credit availed)
	Output IGST A/c	Dr.		28,800
	To Input SGST A/c				11,100
	To Input IGST A/c				11,100
	To Bank A/c				6,600
				10,48,600	10,48,600