Question

Issued cheque in favour of Keshav for rs 10000 who allowed discount rs 100/-​

Answer 1

Answer:

Keshav A/c dr 9900

To bank A/c 9900

Answer 2

2018

(Rs)

April 1

Sri Gopal commenced business introducing cash Rs 60,000 and Rs 1,50,000 by taking a loan from the Allahabad Bank.

April 4

Purchased following assets for business: Computer Rs 16,000; FurnitureRs 18,500 and Machinery Rs 32,000 plus CGST and SGST @ 6% each, paid by cheque

April 6

Purchased goods of Rs 40,000 plus CGST and SGST @ 6% each from Bhushan, Amritsar, half of the value paid in cash.

April 8

Paid wages for installation of Machinery

4,000

April 12

Computer repair charges Rs 1,900 paid along with CGST and SGST @ 6% each

April 15

Paid wages

15,000

Purchased Postage Stamps

150

Paid for stationery of Rs 2,700 along with CGST and SGST @ 6% each

April 19

Sold for cash half the goods purchased from Bhushan to Anil Krishna at a profit of25% and allowed him Trade Discount of 5%. Charged CGST and SGST @ 6% each

April 24

Payment to carpenter for repairs to private property

350

April 26

Paid for medical expenses of Smt. Gopal

1,800

April 30

Paid for shop rent Rs 2,000 along with CGST and SGST @ 6% each.