T S Grewal Chapter 12

2. Journalise the following transactions in the books of Gupta Bros., Lucknow (UP): 2024 ₹ March 1 Started business with cash ₹30,000; goods of ₹15,000 and furniture of ₹20,000 March 2 Paid into bank 20,000 March 3 Bought goods from Mohan Bros., Lucknow on credit 7,000 March 4 Sold goods to Goyal Bros., Kanpur (UP) … Read more

1. Journalise the following transactions in the books of Gurman of Delhi: Sold goods to Krishna of Delhi at the list price ₹20,000 less trade discount 10% add CGST and SGST @ 9% each., and allowed cash discount 5%. He paid the amount immediately. Supplied goods costing ₹6,000 to Mohan of Kolkata issued invoice at … Read more