Pass Journal entry for purchase of goods by Amrit, Delhi from Ayur Products, Agra, (UP) for Rs. 25,000 less Trade Discount @ `15%` plus IGST @ `12%`.

Pass Journal entry for purchase of goods by Amrit, Delhi form Add Gel Pens, Delhi for Rs. 15,000 less Trade Discount 10% and Cash Discount 3% CGST and SGST is levied @ 6% each. Assume payment is made at the time of purchase.

Pass Journal entry for sale of goods by Rahul, Delhi to Anish, Delhi for Rs. 10,000 less 10% Trade Discount and 2% Cash Discount. Assume payment is received at the time of sale. CGST and SGST is levied @ 6% each.

Record the following transactions of Harry Marketing, Amritsar into proper subsidiary books, close the subsidiary books on 31st January and post them into Ledger Accounts: 2019 January 1 Purchased Readymade Clothes from Mahendra of Delhi of the list price of Rs. 40,000 less 10% Trade Discount plus IGST @ 12%. January 5 Sold Readymade Clothes to Mohan, Amritsar for Rs. 10,000 less Trade Discount CGST and SGST @ 6% each. January 6 Returned goods to Mahendra of the list price of Rs. 5,000. January 7 Shyam Singh, Delhi sold Readymade (Men) Clothes ot us for Rs. 30,000 plus IGST @ 12%. January 8 Sold Readymade Clothes (Men) to Harish, Amritsar for Rs. 12,000. Charged CGST and SGST @ 6% each. January 19 sold Readymade Clothes to Mohan, Amritsar for Rs. 6,000. Trade Discount 10% plus CGST and SGST @ 6% each. January 27 Sold Readymade Clothes to Mahesh, Varanasi for Rs. 8,000. Charged IGST @ 12%.

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.

Enter the following transactions in Purchase Book of M/s. Bhaskar Brothers, Mumbai and pass the Journal entry: 2019 April 1 Purchased goods from Joshi Bros., Mumbai vide Invoice No. 210: 10 Philips Tubelights @ Rs. 200 each, plus CGST and SGST @ 6 % each 50 Crompton Bulbs @ Rs. 100 each, plus CGST and SGST @ 6% each Trade Discount is 10% April 10 Purchased goods from Rajesh Electric Store, Delhi vide Invoice No. 18: 25 Heaters @ Rs. 800 each, 10% Trade Discount, plus IGST @ 12% 15 Crompton Fans @ Rs. 1,600 each, 10% Trade Discount, plus IGST @ 12% April 16 Purchased goods from Supreme Electric Store, Delhi vide Invoice No. 125: 5 dozen Philips Bulbs @ Rs. 100 each, plus IGST @ 12% 25 Power Plugs @ Rs. 80 each, plus IGST @ 12% Trade Discount is 10% and freight charges are Rs. 75.

(Journal Entries Involving Cash Discount). Pass the Journal entries for the following transactions: (i) Purchased goods from Sanjiv of Rs. 40,000 plus IGST @ 18% at 10% Trade Discount and 2.5% Cash Discount. Paid amount at the time of purches itself. (ii) Purchased goods from Vijay of Rs. 40,000 plus IGST @ 18% at 10% Trade Discount and 3% Cash Discount. Half of the amount paid at the time of purchase. (iii) Sold goods to Anil for Rs. 20,000 plus CGST and SGST @ 9% each, allowed him 10% Trade Discount and 3% Cash Discount. Received half of the amount by cash and balance half by cheque immediately. (iv) Sold goods to Ajay for Rs. 50,000 plus CGST and SGST @ 9% each allowing 10% Trade Discount and 2% Cash Discount. Half of the amount received by cheque immediately. (v) Sold goods costing Rs. 40,000 to Anil against a currect dated cheque at a profit of 25% on cost less 20% trade discount plus IGST @ 18% . Cash discount is allowed @ 2% .

{:(2019,,,"Rs."),("April",1,"Raj started a business with .............................","6,00,000"),("April",4,"Furniture purchased from Modern Furniture for Rs. 50,000 plus CGST and SGST @ 6% each",),("April",5,"Purchased goods for Rs. 1,00,000 plus CGST and SGST @ 6% each in cash",),("April",8,"Purchased goods from K.G. Khosla & Co., Faridabad, Haryana for Rs. 1,50,000, trade discount 20%,",),(,,"plus IGST @ 12%",),("April",9,"Opened a bank account by depositing ..................................","1,50,000"),("April",10,"Sold goods of Rs. 2,00,000 and charged CGST and SGST @ 6% each",),("April",10,"Purchased stationery from R.S. Mart for Rs. 5,000 plus CGST and SGST @ 6% each",),("April",11,"Sold goods to Sanjay Kumar, Delhi of Rs. 1,00,000, charged IGST @ 12%",),("April",14,"Goods returned by Sanjay Kumar, Delhi of sale value Rs. 20,000",),("April",15,"Payment to K.G. Khosla & Co. by cheque ................","50,000"),("April",20,"Goods purchased from Shiv Dayal & Co, Delhi for Rs. 1,00,000 plus IGST @ 12%",),("April",25,"Goods returned to Shiv Dayal & Co., Delhi ...................","10,000"),("April",28,"Paid electricity bill ............................","1,000"),("April",29,"Cash sales Rs. 90,000 plus CGST and SGST @ 6% each",),("April",30,"Withdrew from bank for personal use ......................","10,000"):}

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).

Enter the following transactions in the Purchases Return Book of Shri Govind: 2019 April 15 Retumed goods to Ram Krishan & Sons for Rs. 2,000, Trade Discount 10%. CGST and SGST was paid @ 6% each, April 20 Returned goods to Gopalsons for Rs. 5,000, as the goods were not as per sample. IGST was paid @ 12% at the time of purchase.

From the following transactions of M/s. Ridhima Sales, Kolkata , prepare Sales Book: 2019 March 1 Sold to M/s. Gayatri Tea, Assam, vide Invoice No. 2005, 3 chests of tea for Rs. 5,000 per chest less Trade discount @ 5% , and IGST is charged @ 12%. March 4 Sold to M/s. Mohan & Sons, Kolkata vide Invoice No. 2006, 20 kg Amul Butter 2 Rs. 250 per kg less Trade discount @ 5% and charged CGST and SGST @ 6% each. March 5 Sold to M/s. Garry Sons, Delhi vide Invoice No. 2007, 20 kg Assam Tea @ Rs. 600 per kg less Trade discount @ 5%, charged IGST @ 12%. Freight and packing charges were separately charged in the invoice at Rs. 1,600. Also, show the Journal entry for the entries recorded in the Sales Book.