Question

CHAPTERS : JOURNAL WITH GST AND CASH BOOK
Q1. Journalise the following transactions in the books of M/s. V.K & Sons, Delhi and post
them into Ledger : Open Cash A/C, Bank A/c and GST Accounts.
Date
Particulars
201
Amoun
9
April 1.
Started business with cash
5,00,000
April 1.
Opened Current Account with PBN Bank
1,00,000
April 2
Goods purchased from Raj, Jaipur.
25,000
April 3. Goods purchased from Nirodh with cash
30,000
April 5. Goods sold to Aman, Gujarat.
12,000
April 8. Payment made to Raj in full settlement through cheque 27,000
April 10. Cheque received from Aman in full settlement.
11,700
April 11. Goods returned to Nirodh
750
April 12
Cash sales
11,500
April 15. Electricity bill paid through cheque
12,000
April 16. Furniture purchased for office purpose
10,000
April 18. Gifted to cousin from his store which was purchased from 4,000
Raj.
April 20. Issued cheque for rent
3,000
April 25. Paid wages
5,000
April 26. Bank Charges paid
200
April 28. Paid Salary through net banking
15,000
April 29. Commission received
1,500
Inter-state transactions are subject to levy of IGST @ 12% and Intra-state transactions
are subject to levy of CGST and SGST @ 6% each.
​

Answer 1

In the books of M/s vk and sons

as on ..........

Answer:

Apr 1. cash a/c. Dr. 500,000

to capital a/c. 500,000

Apr 1. Bank a/c dr. 100,000

to cash a/c. 100,000

Apr 2. Purchase a/c Dr. 25000

to raj a/c. 25000

Apr 3. Purchase a/c dr. 30000

to cash a/c. 30000

Apr. 5. Aman a/c. Dr. 12000

to sales a/c. 1200