Recording Of Transactions – I – Posting Solutions

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Recording of Transactions – I – Posting – Numerical Questions
16. Journalise the following transactions, post to the ledger.
2017
Nov.01
Business started with Cash
1,50,000
Nov.01
Business started with Goods
50,000
Nov.03
Purchased goods from Harish
30,000
Nov.05
Sold goods for cash
12,000
Nov.08
Purchase furniture for cash
5,000
Nov.10
Cash paid to Harish on account
15,000
Nov.13
Paid sundry expenses
200
Nov.15
Cash sales
15,000
Nov.18
Deposited into bank
5,000
Nov.20
Drew cash for personal use
1,000
Nov.22
Cash paid to Harish in full settlement of account
14,700
Nov.25
Goods sold to Nitesh
7,000
Nov.26
Cartage paid
200
Nov.27
Rent paid
1,500
Nov.29
Received cash from Nitesh
6,800
Nov.29
Discount allowed
200
Nov.30
Salary paid
3,000

Journal
Date
Particulars
L.F
Debit
Amount
Credit
Amount
2017
Nov.01
Cash A/c
Dr.
1,50,000
Stock A/c
Dr.
50,000
To Capital A/c
2,00,000
(Being Business started with cash and goods)
Nov.03
Purchases A/c
Dr.
30,000
To Harish A/c
30,000
(Being goods purchased from Harish)
Nov.05
Cash A/c
Dr.
12,000
To Sales A/c
12,000
(Being goods sold for cash)
Nov.08
Furniture A/c
Dr.
5,000
To Cash A/c
5,000
(Being furniture purchased for cash)
Nov.10
Harish A/c
Dr.
15,000
To Cash A/c
15,000
(Being cash paid to Harish on account)
Nov.13
Sundry Expenses A/c
Dr.
200
To Cash A/c
200
(Being sundry expenses paid)
Nov.15
Cash A/c
Dr.
15,000
To Sales A/c
15,000
(Being cash sales)
Nov.18
Bank A/c
Dr.
5,000
To Cash A/c
5,000
(Being cash deposited into bank)
Nov.20
Drawings A/c
Dr.
1,000
To Cash A/c
1,000
(Being cash drawn for personal use)
Nov.22
Harish A/c
Dr.
15,000
To Cash A/c
14,700
To Discount Received A/c
300
(Being cash paid to Harish in full settlement of account)
Nov.25
Nitesh A/c
Dr.
7,000
To Sales A/c
7,000
(Being goods sold to Nitesh)
Nov.26
Cartage A/c
Dr.
200
To Cash A/c
200
(Being cartage paid)
Nov.27
Rent A/c
Dr.
1,500
To Cash A/c
1,500
(Being rent paid)
Nov.29
Cash A/c
Dr.
6,800
Discount Allowed A/c
Dr.
200
To Nitesh A/c
7,000
(Being cash received from Nitish and discount is allowed to him)
Nov.30
Salary A/c
Dr.
3,000
To Cash A/c
3,000
(Being salary paid)
Total c/f
3,16,900
3,16,900
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
01 Nov
To Capital A/c
1,50,000
08 Nov
By Furniture A/c
5,000
05 Nov
To Sales A/c
12,000
10 Nov
By Harish A/c
15,000
15 Nov
To Sales A/c
15,000
13 Nov
By Sundry Expenses A/c
200
29 Nov
To Nitesh A/c
6,800
18 Nov
By Bank A/c
5,000
20 Nov
By Drawings A/c
1,000
22 Nov
By Harish A/c
14,700
26 Nov
By Cartage A/c
200
27 Nov
By Rent A/c
1,500
30 Nov
By Salaries A/c
3,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
01 Nov
To Capital A/c
50,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
01 Nov
By Cash A/c
1,50,000
By Stock A/c
50,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
02 Nov
To Harish A/c
30,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
10 Nov
To Cash A/c
15,000
02 Nov
By Purchases A/c
30,000
22 Nov
To Cash A/c
14,700
To Discount Received A/c
300
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
05 Nov
By Cash A/c
12,000
15 Nov
By Cash A/c
15,000
25 Nov
By Nitech A/c
7,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
08 Nov
To Cash A/c
5,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
13 Nov
To Cash A/c
200
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
18 Nov
To Cash A/c
5,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
20 Nov
To Cash A/c
1,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
22 Nov
By Harish A/c
300
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
25 Nov
To Sales A/c
7,000
29 Nov
By Cash A/c
6,800
By Discount Allowed A/c
200
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
26 Nov
To Cash A/c
200
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
27 Nov
To Cash A/c
1,500
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
29 Nov
To Nitesh A/c
200
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
30 Nov
To Cash A/c
3,000

17. Journalise the following transactions in the journal of M/s Goel Brothers and post them to the ledger.
2017
Jan.01
Started business with cash
1,65,000
Jan.01
Opened bank account in PNB
80,000
Jan 04
Goods purchased from Tara
22,000
Jan.05
Goods purchased for cash
30,000
Jan.08
Goods Sold to Naman
12,000
Jan.10
Cash paid to Tara
22,000
Jan 15
Cash received from Naman
11,700
Discount Allowed
300
Jan. 16
Paid wages
200
Jan. 18
Furniture purchased for office use
5,000
Jan. 20
Withdrawn from bank for personal use
4,000
Jan. 22
Issued cheque for rent
3,000
Jan. 23
Goods issued for household purpose
2,000
Jan. 24
Drawn cash from bank for office use
6,000
Jan. 26
Commission received
1,000
Jan. 27
Bank charges
200
Jan. 28
Cheque given for insurance premium
3,000
Jan. 29
Paid Salary
7,000
Jan. 30
Cash sales
10,000

Books of M/s Goel Journal
Date
Particulars
L.F.
Debit
Amount
Credit
Amount
2017
01 Jan
Cash A/c
Dr.
1,65,000
To Capital A/c
1,65,000
(Being business started with Cash)
02 Jan
Bank A/c
Dr.
80,000
To Cash A/c
80,000
(Being bank account opened in PNB)
04 Jan
Purchases A/c
Dr.
22,000
To Tara A/c
22,000
(Being goods Purchased from Tara)
05 Jan
Purchases A/c
Dr.
30,000
To Cash A/c
30,000
(Being goods purchased for cash)
08 Jan
Naman A/c
Dr.
12,000
To Sales A/c
12,000
(Being goods sold to Naman)
10 Jan
Tara A/c
Dr.
22,000
To Cash A/c
22,000
(Being cash paid to Tara)
15 Jan
Cash A/c
Dr.
11,700
Discount Allowed A/c
Dr.
300
To Naman A/c
12,000
(Being cash received from Naman)
Wages A/c
Dr.
200
To Cash A/c
200
(Being wages paid)
18 Jan
Furniture A/c
Dr.
5,000
To Cash A/c
5,000
(Being furniture purchased for office use)
20 Jan
Drawings A/c
Dr.
4,000
To Bank A/c
4,000
(Being cash withdrawn from bank for personal use)
22 Jan
Rent A/c
Dr.
3,000
To Bank A/c
3,000
(Being cheque issued for rent)
23 Jan
Drawings A/c
Dr.
2,000
To Purchases A/c
2,000
(Being goods issued for household purposes)
24 Jan
Cash A/c
Dr.
6,000
To Bank A/c
6,000
(Being cash withdrawn from bank for office use)
26 Jan
Cash A/c
Dr.
1,000
To Commission A/c
1,000
(Being commission received)
27 Jan
Bank Charges A/c
Dr.
200
To Bank A/c
200
(Being bank charges paid)
28 Jan
Insurance A/c
Dr.
3,000
To Bank A/c
3,000
(Being cheque given for insurance premium)
29 Jan
Salaries A/c
Dr.
7,000
To Cash A/c
7,000
(Being salary paid)
30 Jan
Cash A/c
Dr.
10,000
To Sales A/c
10,000
(Being goods sold for cash)
Total c/f
>3,84,400
3,84,400
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
01 Jan
To Capital A/c
1,65,000
02 Jan
By Bank A/c
80,000
15 Jan
To Naman A/c
11,700
05 Jan
By Purchases A/c
30,000
24 Jan
To Bank A/c
6,000
10 Jan
By Tara A/c
22,000
26 Jan
To Commission A/c
1,000
16 Jan
By Wages A/c
200
30 Jan
To Sales A/c
10,000
18 Jan
By Furniture A/c
5,000
29 Jan
By Salaries A/c
7,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
01 Jan
By Cash A/c
1,65,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
02 Jan
To Cash A/c
80,000
20 Jan
By Drawings A/c
4,000
22 Jan
By Rent A/c
3,000
24 Jan
By Cash A/c
6,000
27 Jan
By Bank Charges A/c
200
28 Jan
By Insurance A/c
3,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
04 Jan
To Tara A/c
22,000
23 Jan
By Drawing A/c
2,000
05 Jan
To Cash A/c
30,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
10 Jan
To Cash A/c
22,000
04 Jan
By Purchases A/c
22,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
08 Jan
By Naman A/c
12,000
30 Jan
By Cash A/c
10,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
08 Jan
To Sales A/c
12,000
15 Jan
By Cash A/c
11,700
By Discount Allowed A/c
300
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
15 Jan
To Naman A/c
300
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
16 Jan
To Cash A/c
200
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
18 Jan
To Cash A/c
5,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
22 Jan
To Bank A/c
3,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
20 Jan
To Bank A/c
4,000
23 Jan
To Purchases A/c
2,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
26 Jan
By Cash A/c
1,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
27 Jan
To Bank A/c
200
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
28 Jan
To Bank A/c
3,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
20 Jan
To Cash A/c
7,000

18. Give journal entries of M/s Mohit traders, Post them to the Ledger from the following transactions.
August
2017
1.
Commenced business with cash
1,10,000
2.
Opened bank account with H.D.F.C
50,000
3.
Purchased furniture
20,000
7.
Bought goods for cash from M/s Rupa Traders
30,000
8.
Purchased goods from M/s Hema Traders
42,000
10.
Sold goods for cash
30,000
14.
Sold goods on credit to M/s. Gupta Traders
12,000
16.
Rent paid
4,000
18.
Paid trade expenses
1,000
20.
Received cash from Gupta Traders
12,000
22.
Goods returned to Hema Traders
2,000
23.
Cash paid to Hema Traders
40,000
25.
Bought postage stamps
100
30.
Paid salary to Rishabh
4,000

Journal
Date
Particulars
L.F.
Debit
Amount
Credit
Amount
2017
01 Aug
Cash A/c
Dr.
1,10,000
To Capital A/c
1,10,000
(Being business commenced with cash)
02 Aug
Bank A/c
Dr.
50,000
To Cash A/c
50,000
(Being bank account opened with H.D.F.C)
03 Aug
Furniture A/c
Dr.
20,000
To Cash A/c
20,000
(Being furniture purchased for cash)
07 Aug
Purchases A/c
Dr.
30,000
To Cash A/c
30,000
(Being goods purchased for cash from M/s Rupa Traders)
08 Aug
Purchases A/c
Dr.
42,000
To M/s Hema Traders A/c
42,000
(Being goods purchased from M/s Hema Traders on credit)
10 Aug
Cash A/c
Dr.
30,000
To Sales A/c
30,000
(Being goods sold for cash)
14 Aug
M/s. Gupta Traders A/c
Dr.
12,000
To Sales A/c
12,000
(Being goods sold to M/s. Gupta Traders on credit)
16 Aug
Rent A/c
Dr.
4,000
To Cash A/c
4,000
(Being rent paid)
18 Aug
Trade Expenses A/c
Dr.
1,000
To Cash A/c
1,000
(Being trade expenses paid)
20 Aug
Cash A/c
Dr.
12,000
To Gupta Traders A/c
12,000
(Being cash received from Gupta Traders)
22 Aug
M/s Hema Traders A/c
Dr.
2,000
To Purchases Returns A/c
2,000
(Being goods returned to Hema Traders)
23 Aug
M/s Hema Traders A/c
Dr.
40,000
To Cash A/c
40,000
(Being cash paid to Hema Traders)
25 Aug
Postage A/c
Dr.
100
To Cash A/c
100
(Being postage stamps bought)
30 Aug
Salaries A/c
Dr.
4,000
To Cash A/c
4,000
(Being salary paid to Rishabh)
Total c/f
3,57,100
3,57,100
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
01 Aug
To Capital A/c
1,10,000
02 Aug
By Bank A/c
50,000
10 Aug
To Sales A/c
30,000
03 Aug
By Furniture A/c
20,000
20 Aug
To Gupta Traders A/c
12,000
07 Aug
By Purchases A/c
30,000
16 Aug
By Rent A/c
4,000
18 Aug
By Trade Expenses A/c
1,000
23 Aug
By M/s Hema Traders A/c
40,000
25 Aug
By Postage A/c
100
30 Aug
By Salaries A/c
4,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
01 Aug
By Cash A/c
1,10,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
02 Aug
To Cash A/c
50,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
03 Aug
To Cash A/c
20,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
07 Aug
To Cash A/c
30,000
08 Aug
To M/s Hema Traders A/c
42,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
22 Aug
To Purchases Returns A/c
2,000
08 Aug
By Purchases A/c
42,000
23 Aug
To Cash A/c
40,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
10 Aug
By Cash A/c
30,000
14 Aug
By M/s Gupta Traders A/c
12,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
14 Aug
To Sales A/c
12,000
20 Aug
By Cash A/c
12,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
16 Aug
To Cash A/c
4,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
18 Aug
To Cash A/c
1,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
22 Aug
By M/s Hema Traders A/c
2,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
25 Aug
To Cash A/c
100
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
30 Aug
To Cash A/c
4,000

19. Journalise the following transaction in the Books of the M/s Bhanu Traders and post them into the ledger
December,
2017
1.
Started business with cash
92,000
2.
Deposited into bank
60,000
4.
Bought goods on credit from Himani
40,000
6.
Purchased goods from cash
20,000
8.
Returned goods to Himani
4,000
10.
Sold goods for cash
20,000
14.
Cheque given to Himani
36,000
17.
Goods sold to M/s Goyal Traders.
35,000
19.
Drew cash from bank for personal use
2,000
21.
Goyal traders returned goods
3,500
22.
Cash deposited into bank
20,000
26.
Cheque received from Goyal Traders
31,500
28.
Goods given as charity
2,000
29.
Rent Paid
3,000
30.
Salary Paid
7,000
31.
Office machine purchased for cash
3,000

Journal
Date
Particulars
L.F.
Debit
Amount
Credit
Amount
2017
01 Dec
Cash A/c
Dr.
92,000
To Capital A/c
92,000
(Being business started with Cash)
02 Dec
Bank A/c
Dr.
60,000
To Cash A/c
60,000
(Being cash is deposited in the bank)
04 Dec
Purchases A/c
Dr.
40,000
To Himani A/c
40,000
(Being goods purchased from Himani on credit)
06 Dec
Purchases A/c
Dr.
20,000
To Cash A/c
20,000
(Being goods purchased for cash)
08 Dec
Himani A/c
Dr.
4,000
To Purchases Returns A/c
4,000
(Being goods returned to Himani)
10 Dec
Cash A/c
Dr.
20,000
To Sales A/c
20,000
(Being goods sold for cash)
14 Dec
Himani A/c
Dr.
36,000
To Bank A/c
36,000
(Being cheque given to Himani)
17 Aug
M/s Goyal Traders A/c
Dr.
35,000
To Sales A/c
35,000
(Being goods sold to M/s Goyal Traders)
19 Aug
Drawings A/c
Dr.
2,000
To Bank A/c
2,000
(Being cash withdrawn from bank for personal use)
21 Dec
Sales Returns A/c
Dr.
3,500
To M/s Goyal Traders A/c
3,500
(Being goods returned by Goyal Traders)
22 Dec
Bank A/c
Dr.
20,000
To Cash A/c
20,000
(Being cash deposited into Bank)
26 Dec
Bank A/c
Dr.
31,500
To M/s Goyal Traders A/c
31,500
(Being cheque received from Goyal Traders)
28 Dec
Charity A/c
Dr.
2,000
To Purchases A/c
2,000
(Being goods given as charity)
29 Dec
Rent A/c
Dr.
3,000
To Cash A/c
3,000
(Being rent Paid)
30 Dec
Salary A/c
Dr.
7,000
To Cash A/c
7,000
(Being salary Paid)
31 Dec
Office Machinery A/c
Dr.
3,000
To Cash A/c
3,000
(Office machinery purchased for cash)
Total c/f
3,79,100
3,79,100
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
01 Dec
To Capital A/c
92,000
02 Dec
By Bank A/c
60,000
10 Dec
To Sales A/c
20,000
06 Dec
By Purchases A/c
20,000
22 Dec
By Bank A/c
22,000
29 Dec
By Rent A/c
3,000
30 Dec
By Salaries A/c
7,000
31 Dec
By Office machinery A/c
3,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
01 Dec
By Cash A/c
92,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
02 Dec
To Cash A/c
60,000
14 Dec
By Himani A/c
36,000
22 Dec
To Cash A/c
22,000
19 Dec
By Drawings A/c
2,000
26 Dec
To M/s Goyal Traders A/c
31,500
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
04 Dec
To Himani A/c
40,000
28 Dec
By Charity A/c
2,000
06 Dec
To Cash A/c
20,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
08 Dec
To Purchases Returns A/c
4,000
04 Dec
By Purchases A/c
40,000
14 Dec
To Bank A/c
36,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
08 Dec
By Himani A/c
4,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
10 Dec
By Cash A/c
20,000
17 Dec
By M/s Goyal Traders A/c
35,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
17 Dec
To Sales A/c
35,000
21 Dec
By Sales Returns A/c
3,500
26 Dec
By Bank A/c
31,500
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
19 Dec
To Bank A/c
2,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
21 Dec
To M/s Goyal Traders A/c
3,500
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
28 Dec
To Purchases A/c
2,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
29 Dec
To Cash A/c
3,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
30 Dec
To Cash A/c
7,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
31 Dec
To Cash A/c
3,000

20. Journalise the following transaction in the Book of M/s Beauti traders. Also post them in the ledger
Dec. 2017
1.
Started business with cash
2,00,000
2.
Bought office furniture
30,000
3.
Paid into bank to open a current account
1,00,000
5.
Purchased a computer and paid by cheque
2,50,000
6.
Bought goods on credit from Ritika
60,000
8.
Cash Sales
30,000
9.
Sold goods to Karishna on credit
25,000
12.
Cash paid to Mansi Ritika on account.
30,000
14.
Goods returned to Ritika
2,000
15.
Stationery purchased for cash
3,000
16.
Paid wages
1,000
18.
Goods returned by Karishna
2,000
20.
Cheque given to Ritika
28,000
22.
Cash received from Karishna on account
15,000
24.
Insurance premium paid by cheque
4,000
26.
Cheque received from Karishna
8,000
28.
Rent paid by cheque
3,000
29.
Purchased goods on credit from Meena Traders
20,000
30.
Cash sales
14,000



Journal
Date
Particulars
L.F.
Debit
Amount
Credit
Amount
2017
01 Dec
Cash A/c
Dr.
2,00,000
To Capital A/c
2,00,000
(Being business started with cash)
02 Dec
Office Furniture A/c
Dr.
30,000
To Cash A/c
30,000
(Being office furniture purchased on cash)
03 Dec
Bank A/c
Dr.
1,00,000
To Cash A/c
1,00,000
(Being bank account opened with cash)
05 Dec
Computers A/c
Dr.
2,50,000
To Bank A/c
2,50,000
(Being computer purchased by issuing cheque)
06 Dec
Purchases A/c
Dr.
60,000
To Ritika A/c
60,000
(Being goods purchased from Ritika)
08 Dec
Cash A/c
Dr.
30,000
To Sales A/c
30,000
(Being goods sold for cash)
09 Dec
Karishna A/c
Dr.
25,000
To Sales A/c
25,000
(Being goods sold to Karishna on credit)
12 Dec
Mansi Ritika A/c
Dr.
30,000
To Cash A/c
30,000
(Being cash paid to Mansi Ritika on account)
14 Dec
Ritika A/c
Dr.
2,000
To Purchases Returns A/c
2,000
(Being goods returned to Ritika)
15 Dec
Stationery A/c
Dr.
3,000
To Cash A/c
3,000
(Being stationery purchased)
16 Dec
Wages A/c
Dr.
1,000
To Cash A/c
1,000
(Being wages paid)
18 Dec
Sales Returns A/c
Dr.
2,000
To Karishna A/c
2,000
(Being goods returned by Karishna)
20 Dec
Ritika A/c
Dr.
28,000
To Bank A/c
28,000
(Being payment done to Ritika by cheque)
22 Dec
Cash A/c
Dr.
15,000
To Karishna A/c
15,000
(Being cash received from Karishna on account)
24 Dec
Insurance A/c
Dr.
4,000
To Bank A/c
4,000
(Being insurance paid by cheque)
26 Dec
Bank A/c
Dr.
8,000
To Karishna A/c
8,000
(Being cheque received from Karishna)
28 Dec
Rent A/c
Dr.
3,000
To Bank A/c
3,000
(Being rent paid by cheque)
29 Dec
Purchases A/c
Dr.
20,000
To Meena Traders A/c
20,000
(Being goods purchased on credit from Meena Traders)
30 Dec
Cash A/c
Dr.
14,000
To Sales A/c
14,000
(Being goods sold for cash)
Total c/f
8,25,000
8,25,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
01 Dec
To Capital A/c
2,00,000
02 Dec
By Office Furniture A/c
30,000
08 Dec
To Sales A/c
30,000
03 Dec
By Bank A/c
1,00,000
22 Dec
To Karishna A/c
15,000
12 Dec
By Mansi Ritika A/c
30,000
30 Dec
To Sales A/c
14,000
15 Dec
By Stationery A/c
3,000
16 Dec
By Wages A/c
1,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
01 Dec
By Cash A/c
2,00,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
02 Dec
To Cash A/c
30,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
03 Dec
To Cash A/c
1,00,000
05 Dec
By Computers A/c
2,50,000
26 Dec
To Karishna A/c
8,000
20 Dec
By Ritika A/c
28,000
24 Dec
By Insurance A/c
4,000
28 Dec
By Rent A/c
3,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
05 Dec
To Bank A/c
2,50,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
06 Dec
To Ritika A/c
60,000
29 Dec
To Meena Traders A/c
20,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
12 Dec
To Cash A/c
30,000
06 Dec
By Purchases A/c
60,000
14 Dec
To Purchases Returns A/c
2,000
20 Dec
To Bank A/c
28,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
08 Dec
By Cash A/c
30,000
09 Dec
By Karishna A/c
25,000
30 Dec
By Cash A/c
14,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
09 Dec
To Sales A/c
25,000
18 Dec
By Sales Returns A/c
2,000
22 Dec
By Cash A/c
15,000
26 Dec
By Bank A/c
8,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
14 Dec
To Ritika A/c
2,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
15 Dec
To Cash A/c
3,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
16 Dec
To Cash A/c
1,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
18 Dec
To Karishna A/c
2,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
24 Dec
To Bank A/c
4,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
28 Dec
To Bank A/c
3,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
29 Dec
By Purchases A/c
20,000

21. Journalise the following transactions in the books of Sanjana and post them into ledger:
January,
2017
1.
Cash in hand
6,000
Cash at bank
55,000
Stock of goods
40,000
Due to Rohan
6,000
Due from Tarun
10,000
3.
Sold goods to Karuna
15,000
4.
Cash Sales
10,000
6.
Goods sold to Heena
5,000
8.
Purchased goods from Rupali
30,000
10.
Goods returned from Karuna
2,000
14.
Cash received from Karuna
13,000
15.
Cheque given to Rohan
6,000
16.
Cash received from Heena
3,000
20.
Cheque received from Tarun
10,000
22.
Cheque received from Heena
2,000
25.
Cash given to Rupali
18,000
26.
Paid cartage
1,000
27.
Paid Salary
8,000
28.
Cash sales
7,000
29.
Cheque given to Rupali
12,000
30.
Sanjana took goods for Personal use
4,000
31.
Paid General expense
500

Journal
Date
Particulars
L.F.
Debit
Amount
Credit
Amount
2017
01 Jan
Cash A/c
Dr.
6,000
Bank A/c
Dr.
55,000
Stock A/c
Dr.
40,000
Tarun A/c
Dr.
10,000
To Rohan A/c
6,000
To Capital A/c
1,05,000
(Balance from above transactions)
(Being totals brought forward from last year)
03 Jan
Karuna A/c
Dr.
15,000
To Sales A/c
15,000
(Being goods sold to Karuna)
04 Jan
Cash A/c
Dr.
10,000
To Sales A/c
10,000
(Being goods sold for cash)
06 Jan
Heena A/c
Dr.
5,000
To Sales A/c
5,000
(Being goods sold to Heena)
08 Jan
Purchases A/c
Dr.
30,000
To Rupali A/c
30,000
(Being goods purchased from Rupali)
10 Jan
Sales Returns A/c
Dr.
2,000
To Karuna A/c
2,000
(Being goods returned from Karuna)
14 Jan
Cash A/c
Dr.
13,000
To Karuna A/c
13,000
(Being cash received from Karuna)
15 Jan
Rohan A/c
Dr.
6,000
To Bank A/c
6,000
(Being cheque given to Rohan)
16 Jan
Cash A/c
Dr.
3,000
To Heena A/c
3,000
(Being cash received from Heena)
20 Jan
Bank A/c
Dr.
10,000
To Taurn A/c
10,000
(Being cheque received from Tarun)
23 Jan
Bank A/c
Dr.
2,000
To Heena A/c
2,000
(Being cheque received from Heena)
25 Jan
Rupali A/c
Dr.
18,000
To Cash A/c
18,000
(Being cash given to Rupali)
26 Jan
Cartage A/c
Dr.
1,000
To Cash A/c
1,000
(Being cash paid to cartage)
27 Dec
Salaries A/c
Dr.
8,000
To Cash A/c
8,000
(Being salary Paid)
28 Jan
Cash A/c
Dr.
7,000
To Sales A/c
7,000
(Being goods sold for cash)
29 Jan
Rupali A/c
Dr.
12,000
To Bank A/c
12,000
(Being cheque given to Rupali)
30 Jan
Drawings A/c
Dr.
4,000
To Purchases A/c
4,000
(Being goods withdrawn for personal use)
31 Jan
General Expenses A/c
Dr.
500
To Cash A/c
500
(Being general expenses paid)
Total c/f
2,57,500
2,57,500
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
01 Jan
To Balance b/d
6,000
25 Jan
By Rupali A/c
18,000
04 Jan
To Sales A/c
10,000
26 Jan
By Cartage A/c
1,000
14 Jan
To Karuna A/c
13,000
27 Jan
By Salaries A/c
8,000
16 Jan
To Heena A/c
3,000
31 Jan
By General Expenses A/c
500
28 Jan
To Sales A/c
7,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
01 Jan
By Balance b/d
1,05,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
01 Jan
To Balance b/d
55,000
15 Jan
By Rohan A/c
6,000
20 Jan
To Tarun A/c
10,000
29 Jan
By Rupali A/c
12,000
22 Jan
To Heena A/c
2,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
01 Jan
To Balance b/d
40,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
01 Jan
To Balance b/d
10,000
20 Jan
By Bank A/c
10,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
15 Jan
To Bank A/c
6,000
01 Jan
By Balance b/d
6,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
03 Jan
To Sales A/c
15,000
10 Jan
By Sales Returns A/c
2,000
14 Jan
By Cash A/c
13,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
03 Jan
By Karuna A/c
15,000
04 Jan
By Cash A/c
10,000
06 Jan
By Heena A/c
5,000
28 Jan
By Cash A/c
7,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
06 Jan
To Sales A/c
5,000
16 Jan
By Cash A/c
3,000
22 Jan
By Bank A/c
2,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
25 Jan
To Cash A/c
18,000
08 Jan
By Purchases A/c
30,000
29 Jan
To Bank A/c
12,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
2017
08 Jan
To Rupali A/c
30,000
30 Jan
By Drawings A/c
4,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
10 Jan
To Karuna A/c
2,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
26 Jan
To Cash A/c
1,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
27 Jan
To Cash A/c
8,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
30 Jan
To Purchases A/c
4,000
Date
Particulars
J.F.
Amount
Date
Particulars
J.F.
Amount
2017
31 Jan
To Cash A/c
500
22. Record journal entries for the following transactions in the books of Anudeep of Delhi:
(a)
Bought goods ₹ 2,00,000 from Kanta of Delhi (CGST @ 9%, SGST @ 9%)
(b)
Bought goods ₹ 1,00,000 for cash from Rajasthan (IGST @ 12%)
(c)
Sold goods ₹ 1,50,000 to Sudhir of Punjab (IGST @ 18%)
(d)
Paid for Railway Transport ₹ 10,000 (CGST @ 5%, SGST @ 5%)
(d)
Sold goods ₹ 1,20,000 to Sidhu of Delhi (CGST @ 9%, SGST @ 9%)
(f)
Bought Air-Condition for office use ₹ 60,000 (CGST @ 9%, SGST @ 9%)
(g)
Sold goods ₹ 1,50,000 for cash to Sunil to Uttar Pradesh (IGST 18%)
(h)
Bought Motor Cycle for business use ₹ 50,000 (CGST 14%, SGST @ 14%)
(i)
(Paid for Broadband services ₹ 4,000 (CGST @ 9%, SGST @ 0%)
(j)
Bought goods ₹ 50,000 from Rajesh, Delhi (CGST @ 9%, SGST @ 9%)

Books of Anudeep Journal
Date
Particulars
L.F.
Debit
Amount
Credit
Amount
(a)
Purchases A/c
Dr.
2,00,000
Input CGST A/c
Dr.
18,000
Input SGST A/c
Dr.
18,000
To Kanta A/c
2,36,000
(Being goods bought from Kanta withing the state)
(b)
Purchases A/c
Dr.
1,00,000
Input IGST A/c
Dr.
12,000
To Cash A/c
1,12,000
(Being goods bought for cash from outside the state i.e. Rajasthan)
(c)
Sudhir A/c
Dr.
1,77,000
To Cash A/c
1,50,000
To Output IGST A/c
27,000
(Being goods sold to Sudhir outside the state i.e. Punjab)
(d)
Transport Expenses A/c
Dr.
10,000
Input CGST A/c
Dr.
500
Input SGST A/c
Dr.
500
To Bank A/c
11,000
(Being Transport expenses paid withing the state)
(e)
Sidhu A/c
Dr.
1,41,600
To Sales A/c
1,20,000
To Output CGST A/c
10,800
To Output SGST A/c
10,800
(Being goods sold to Sidhu on credit within state)
(f)
Air Conditioner A/c
Dr.
60,000
Input CGST A/c
Dr.
5,400
Inut SGST A/c
Dr.
5,400
To Cash A/c
70,800
(Being Air Conditioner bought for office use within the state)
(g)
Cash A/c
Dr.
1,77,000
To Sales A/c
1,50,000
To Output IGST A/c
27,000
(Being goods sold for cash outside the state)
(h)
Motor Cycle A/c
Dr.
50,000
Input CGST A/c
Dr.
7,000
Input SGST A/c
Dr.
7,000
To Cash A/c
64,000
(Being motor cycle bought for office use, within state)
(i)
Broadband Expenses A/c
Dr.
4,000
Input CGST A/c
Dr.
360
To Bank A/c
4,360
(Being broadband expenses incurred, within state)
(j)
Purchases A/c
Dr.
50,000
Input CGST A/c
Dr.
4,500
Input SGST A/c
Dr.
4,500
To Rajesh A/c
59,000
(Being goods purchased on credit from Rajesh, within state)
Output IGST A/c
Dr.
54,000
Output CGST A/c
Dr.
12,000
Output SGST A/c
Dr.
12,000
To Input IGST A/c
12,000
To Input CGST A/c
33,000
To Input SGST A/c
33,000
Calculation Sheet
Particulars
CGST
SGST
IGST
Output Liability
10,800
10,800
54,000
Loss:Input tax credit
CGST
35,760
SGSG
35,400
IGST
– 24,960
– 17,040
54,000
Payable
0
– 7,560
0