Record the following transactions in a Journal:
(i) Withdrawn goods for personal use (Cost Rs. 5,000+IGST@`18%`, Sale Price Rs. 7,000).
(ii) Goods costing Rs. 500 given as donation. These goods were purchased paying CGST and SGST @`9%` each.
A cheque for Rs. 5,000 received from Rajib was deposited into bank, returned dishonoured.

Record the following transactions in a Journal : (i) Withdrawn goods conting Rs. 5,000 for personal use. (ii) Goods costing Rs. 500 given as charity. (iii) A cheque for Rs. 5,000 received from Rajib was deposited into bank, returned dishonoured.

Journalise the following transactions in the books of Manoj Store: (i) Purchased goods from Ramesh Rs. 20,000 less Trade Discount at 20% plus IGST @ 12% . (ii) Sold goods costing Rs. 7,000 to Krishna for Rs. 9,000 plus IGST @ 12% . (iii) Sold goods for Rs. 10,000 and charged IGST @ 12% against cheque. (iv) Rs. 5,000 were deposited into Saving Account. (v) Machinery costing Rs. 4,00,000 for which order was placed earlier paying advance of Rs. 40,000. The balance amount was paid as follows: (a) An old machine (personal) valued at Rs. 30,000 was given in exchanges, (b) Issued a cheque from his saving account for Rs. 1,30,000, and (c) Balance by issue of cheque from firm's bank account. (vi) Paid wages Rs. 2,500 for installation of machine.

Journalise the following transactions in the boods of Rajan of Delhi: (i) Sold goods to Krishna of Delhi at the list price Rs. 20,000 less trade discount 10% add CGST and SGST @ 9% each., and allowed cash discount 5% , He paid the amount immediately. (ii) Supplied goods costing Rs, 6,000 to Mohan of Kolkata issued invoice at 10% abvove cost less 5% trade discount plus IGST @ 18% . (iii) Goods valued at Rs. 2,500 distributed from stock as samples, as part of an advertising campaign. These goods were purchased paying CGST and SGST @ 9% each. (iv) Anjan, a customer, to whom goods were sold, was allowed rebate of Rs 2, 000 because they were of poor quality. These goods were sold charging CGST and SGST @ 9% each. (v) Sold goods costing Rs 1,00,000 to Anil of Delhi at a profit of 20% on sales less 20% Trade Discount plus CGST and SGST @ 9% each and paid cartage Rs. 250 (Not to be charged from customer).

Pass the rectifying entries for the following: (i) Sales of goods Rs. 6,000 to Madan were recorded as Rs. 600 in the Sales Book. (ii) Credit purchase of goods from Mohan amounting to Rs. 2,000 has been wrongly passed through the Sales Book. (iii) Return of goods worth Rs. 500 by a customer was entered in 'Purchases Return Book'. (iv) Cheque of Rs. 400 received from Ranjan was dishonoured and debited to the Discount Account. (v) Bill for Rs. 820 received from Ramesh for repair of machinery was entered in the Purchases Book as Rs. 720.

Record the following transactions in Journal in the books of Shyam & Co., Delhi: (i) Received cash from Ram of Delhi for a bad debt written off last year Rs. 10,000. (ii) Paid in cash Rs. 9,800 to Sohan of Delhi on his account for Rs. 10,000 in settlement. (iii) Received Rs. 9,750 from Hari in full settlement of his account for Rs. 10,000. (iv) Bought goods at the list price of Rs. 25,000 from Mohan, Meerut (UP) less 20% trade discount and 2% cash discount and paid 40% by cheque. (v) Sold goods to Rakesh of Delhi at the list price of Rs. 50,000,less 20% trade discount of 2% cash discount and paid 50% by cheque. (vi) Sold goods to James of Kolkata for Rs. 10,000, allowing him a trade discount of 5% and a cash discount of 10% . CGST and SGST is levied @ 9% each on intra-state purchase and sale of goods. IGST is levied @ 18% on inter-state purchase and sale of goods.

Show the accounting equation on the basis of the following transactions and also show the Balance Sheet : (i) Started business with Cash Rs.60,000 and Goods Rs.30,000. (ii)Purchased goods for Cash Rs.40,000 and on Credit Rs. 25,000. (iii) Goods costing Rs. 48,000 sold at a profit of 33 1/3% . Three -fourth payment received in Cash (iv) Goods costing Rs. 20,000 sold at a loss of 5% , out of which Rs. 12,000 received in Cash. (v) Paid Rent Rs. 4,000 and Salary Rs. 6,000. (vi) Received Cash from Debtors Rs.15,000. (vii) Paid telephone bill amounting to Rs.800.