Question 9: Record the following
transactions in the Purchases Return Book of Kamla
Stores, Delhi for April, 2024:
|
2024 |
|
|
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 ` |
|
2024 April 6 April 8 April 17 April 30 |
Ramesh Brothers,
Delhi Add:
6%
CGST 6% SGST Sohan Brothers,
Meerut Add:
12%
IGST Mahesh Brothers Add:
6%
CGST 6% SGST |
|
|
5,000 300 300 |
5,000 10,000 2,000 |
300 ... 120 |
300 ... 120 |
... 1,200 ... |
5,600 11,200 2,240 |
|
5,600 |
|||||||||
|
10,000 1,200 |
|||||||||
|
11,200 |
|||||||||
|
2,000 120 120 |
|||||||||
|
2,240 |
|||||||||
|
Purchases Return A/c ...Cr. |
|
17,000 |
420 |
420 |
1,200 |
19,040 |
|||
|
|
|
|
|
|
Question 10: Enter the
following transactions in the Sales Return Book of Raj Computers, Delhi:
|
2024 |
|
|
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 26 |
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 ` |
||
|
2024 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 |
|||||
|
|
|
|
|
|
|
|
|||||
|
Dr. |
Ledger SALES
RETURN ACCOUNT |
Cr. |
|||||||
|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
||
|
2024 |
|
|
|
|
2024 |
|
|
|
|
|
July 1 |
To |
Sohan & Sons,
Delhi |
89,600 |
July |
31 |
By Balance c/d |
3,36,000 |
||
|
July 2 |
To |
Ramesh & Sons,
Noida |
22,400 |
|
|
|
|
||
|
July 25 |
To |
Dinesh, Chandigarh |
2,24,000 |
|
|
|
|
||
|
|
|
|
3,36,000 |
|
|
|
3,36,000 |
||
|
August 1 |
To |
Balance b/d |
3,36,000 |
|
|
|
|
||
|
Dr. |
SOHAN
& SONS |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
|
2024 July 31 |
To Balance c/d |
|
89,600 |
2024 July 1 August1 |
By Sales Return A/c By Balance b/d |
|
89,600 |
|
89,600 |
89,600 |
||||||
|
|
89,600 |
||||||
|
Dr. |
RAMESH
& SONS |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
|
2024 July 31 |
To Balance c/d |
|
22,400 |
2024 July 2 August1 |
By Sales Return A/c By Balance b/d |
|
22,400 |
|
22,400 |
22,400 |
||||||
|
|
22,400 |
||||||
|
Dr. |
DINESH |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
|
2024 July 31 |
To Balance c/d |
|
2,24,000 |
2024 July 25 |
By Sales Return A/c |
|
2,24,000 |
|
|
|
|
2,24,000 |
|
|
|
2,24,000 |
|
|
|
|
|
August1 |
By Balance b/d |
|
2,24,000 |
|
Dr. |
OUTPUT
CGST ACCOUNT |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
|
2024 July 1 |
To Sohan
& Sons |
|
4,800 |
|
|
|
|
|
Dr. |
OUTPUT SGST ACCOUNT |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
|
2024 July
1 |
To
Sohan & Sons |
|
4,800 |
|
|
|
|
|
Dr. |
OUTPUT
IGST ACCOUNT |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
|
2024 |
|
|
|
|
|
|
|
|
July 2 |
To Ramesh
& Sons |
2,400 |
|||||
|
July 25 |
To Dinesh |
24,000 |
|||||
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Ts Grewal Solution 2024-2025
Class 11th
Chapter 12 – Accounting of Goods and Services Tax (GST)