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11th | Accounting of Goods and Services Tax (GST) | Question No. 9 and 10 | Ts Grewal Solution 2022-2023

Question 9: Record the following transactions in the Purchases Return Book of Kamla Stores, Delhi for April, 2022:


2022

 

April 6

Returned goods to Ramesh Brothers, Delhi purchased for ` 5,000 plus CGST and SGST@ 6% each

April 8

Returned goods to Sohan Brothers, Meerut purchased for 10,000 plus IGST @ 12%

April 17

Returned goods to Mahesh Brothers of R 2,000 plus CGST and SGST @ 6% each

 

Answer:


Date

Particulars

Debit Note No.

L.F.

Details

 

`

Value

 

`

Input CGST

Cr. (`)

Input SGST

Cr. (`)

Input IGST

Cr. (`)

Total

 

`

2022

 

 

 

 

 

 

 

 

 

April 6

Ramesh Brothers, Delhi

 

 

5,000

 

 

 

 

 

 

Add: 6% CGST

 

 

300

 

 

 

 

 

 

6% SGST

 

 

300

 

 

 

 

 

 

 

 

 

5,300

5,000

300

300

5,600

April 8

Sohan Brothers, Meerut

 

 

10,000

 

 

 

 

 

 

Add: 12% IGST

 

 

1,200

 

 

 

 

 

 

 

 

 

11,200

10,000

1,200

11,200

April 17

Mahesh Brothers

 

 

2,000

 

 

 

 

 

 

Add: 6% CGST

 

 

120

 

 

 

 

 

 

6% SGST

 

 

120

 

 

 

 

 

 

 

 

 

2,240

2,000

120

120

2,240

April 30

Purchases Return A/   Cr.

 

 

 

17,000

420

420

1,200

19,040

 

Question 10: Enter the following transactions in the Sales Return Book of Raj Computers, Delhi:


 

2022

 

July 1

Sohan & Sons, Delhi returned 2 Laptops HP sold @ 40,000 each plus CGST and SGST@ 64% each

July 2

Ramesh & Sons, Noida returned 2 'Ricoh' printers sold @ 10,000 each plus IGST@ 12%

July 25

Dinesh, Chandigarh returned 10 HP Desktops sold@ 20,000 each plus IGST@ 12% for delayed supply

July 28

Computer Mouse returned by Ravi, Delhi sold to him for cash 2,000 including CGST and SGST

Show its posting to Ledger Accounts.

Answer:


SALES RETURN BOOK

Date

Particulars

Credit Note No.

L.F.

Details

 

`

Value

 

`

Output CGST

Dr. (`)

Output SGST

Dr. (`)

Output IGST

Dr. (`)

Total

 

`

2022

July 1

 

Sohan & Sons, Delhi

2 Laptops HP @ ` 40,000 each

Add: 6% CGST

6% SGST

 

 

 

 

80,000

4,800

4,800

 

 

 

 

80,000

 

 

 

 

4,800

 

 

 

 

4,800

 

 

 

 

...

 

 

 

 

89,600

89,600

July 2

Ramesh & Sons, Noida

2 ‘Ricoh’ printers @ ` 10,000 each

Add: 12% IGST

 

20,000

2,400

 

 

 

 

 

 

 

22,400

20,000

...

...

2,400

22,400

July 25

Dinesh, Chandigarh

10 HP Desktops @ ` 20,000 each

Add: 12% IGST

 

 

 

 

 

2,00,000

24,000

 

July 26

July 31

 

Ravi, Delhi (No Entry)

2,24,000

2,00,000

...

...

...

...

...

24,000

...

2,24,000

...

...

Sales Return A/c

Dr.

3,00,000

4,800

4,800

26,400

3,36,000

 

 

 

 

 

 

 

1

Ledger

Dr.

SALES RETURN ACCOUNT

Cr.

Date

Particulars

J.F.

`

Date

Particulars

J.F.

`

2022

 

 

 

2022

 

 

 

July 1

To Sohan & Sons, Delhi

 

89,600

July 31

By Balance c/d

 

3,36,000

July 2

Ramesh & Sons, Noida

 

22,400

 

 

 

 

July 25

Dinesh, Chandigarh

 

2,24,000

 

 

 

 

 

 

 

3,36,000

 

 

 

3,36,000

August 1

Balance b/d

 

3,36,000

 

 

 

 

1

Dr.

SOHAN & SONS

Cr.

Date

Particulars

J.F.

`

Date

Particulars

J.F.

`

2022

 

 

 

2022

 

 

 

July 31

To Balance c/d

 

89,600

July 1

By Sales Return A/c

 

 

89,600

 

 

 

89,600

 

 

 

89,600

 

 

 

 

August 1

By Balance b/d

 

89,600

1

Dr.

RAMESH & SONS

Cr.

Date

Particulars

J.F.

`

Date

Particulars

J.F.

`

2022

 

 

 

2022

 

 

 

July 31

To Balance c/d

 

22,400

July 1

By Sales Return A/c

 

 

22,400

 

 

 

22,400

 

 

 

22,400

 

 

 

 

August 1

By Balance b/d

 

22,400

1

Dr.

DINESH

Cr.

Date

Particulars

J.F.

`

Date

Particulars

J.F.

`

2022

 

 

 

2022

 

 

 

July 31

To Balance c/d

 

2,24,000

July 1

By Sales Return A/c

 

 

2,24,000

 

 

 

2,24,000

 

 

 

2,24,000

 

 

 

 

August 1

By Balance b/d

 

2,24,000

1

Dr.

OUTPUT CGST ACCOUNT

Cr.

Date

Particulars

J.F.

`

Date

Particulars

J.F.

`

2022

 

 

 

 

 

 

 

July 31

To Sohan & Sons

 

4,800

 

 

 

 

 

 

 

4,800

 

 

 

 

 

 

 

 

 

 

 

 

1

Dr.

OUTPUT SGST ACCOUNT

Cr.

Date

Particulars

J.F.

`

Date

Particulars

J.F.

`

2022

 

 

 

 

 

 

 

July 31

To Sohan & Sons

 

4,800

 

 

 

 

 

 

 

4,800

 

 

 

 

 

 

 

 

 

 

 

 

1

Dr.

OUTPUT IGST ACCOUNT

Cr.

Date

Particulars

J.F.

`

Date

Particulars

J.F.

`

2022

 

 

 

 

 

 

 

July 2

To Ramesh & Sons

 

2,400

 

 

 

 

July 25

To Dinesh

 

24,000

 

 

 

 

 

 

 

4,800

 

 

 

 

 

 

 

 

 

 

 

 

 

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