Question

R. Chetan has the following balances in his books on 1st March, 2018:
Cash ₹ 15,400; Cash at Bank ₹ 82,500; Stock ₹ 1,92,500; Plant and Machinery ₹ 4,40,000.
Sundry Debtors: Rajesh ₹ 27,500; James ₹ 13,750.
Sundry Creditors: Rao ₹ 19,250; Samanta ₹ 35,750; Capital ₹ 7,16,650.
The following are the transactions for the month of March 2018:
Transactions marked * are intra-state transactions subject to CGST and SGST @ 6% each. Transactions marked ** are inter-state transactions subject to IGST @ 12%.
Record these transactions in his subsidiary books, post to the Ledger and prepare a Trail Balance as on 31st March, 2018.

Answer 1

Answer:

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