8. Pass entries in the books of Krishnan of Bengaluru (Karnataka) in the following cases:

I Purchased goods from Karunakaran of Chennai for ₹1,00,000.
(IGST @18%)
II Sold goods to Ganeshan of Bengaluru for ₹1,50,000.
(CGST @6% and SGST @6%)
III Sold goods to S. Nair of Kerala for ₹2,60,000.
(IGST @18%)
IV Purchased Machinery for ₹80,000 from Surya Ltd. against cheque.
(CGST @9% and SGST @9%)
V Paid rent ₹30,000 by cheque.
(CGST @6% and SGST @6%)
VI Purchased goods from Ram Mohan Rai of Bengaluru for ₹2,00,000.
(CGST @6% and SGST @6%)
VII Paid insurance premium ₹10,000 by cheque.
(CGST @9% and SGST @9%)
VIII Received commission ₹20,000 by cheque which is deposited into bank.
(CGST @9% and SGST 9%)
IX Payment made of balance amount of GST.

D.K.Goel/2024 Edition/Practical Questions/Q-08

For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company

error: Content is protected !!