Question

On 1st January, 2018, Ram of Kolkata commenced business with a capital of ₹ 50,000 and entered into following transactions:
Pass the following transactions through proper books to the Ledger. Take out a Trial Balance as on 31st January, 2018. The Cash Book must be balanced.
Transactions marked * are intra-state transactions subject to CGST and SGST @ 6% each.
Transactions marked ** are inter-state transactions subject to IGST @ 12%.

Answer 1

Pass the following transactions through proper books to the Ledger. Take out a Trial Balance as on 31st January, 2018. The Cash Book must be balanced.

Transactions marked * are intra-state transactions subject to CGST and SGST @ 6% each.

Transactions marked ** are inter-state transactions subject to IGST @ 12%.

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Answer 2

Explanation:

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