1. Pass entries in the books of Mukerjee & Sons. assuming all transactions have taken place within the state of Uttar Pradesh. Assume CGST @9% and SGST @9%. 2023 March 4 Purchased goods for ₹5,00,000 from Mehta Bros, March 10 Sold goods for ₹8,00,000 to Munjal & Co. March 15...

2. Pass entries in the books of Devdhar & Bros. Odisha, assuming all transactions have been entered within the state, charging CGST and SGST @ 9% each: 2023 March 4 Purchased goods for ₹5,00,000 from Sunil Bros. 7 Goods returned to Sunil Bros. for ₹20,000 10 Sold goods to Mehta...

3. Pass entries in the books of Ganguli & Sons. assuming all transactions have been entered in the state of West Bengal.: (i) Purchased goods for ₹2,00,000 and payment made by cheque. (ii) Sold goods for ₹1,60,000 to Devki Nandan& Sons. (iii) Purchased goods for ₹50,000 on credit. (iv) Paid...

4. Pass entries for the following transactions in the books of M/s Karthikeyan & Co. of Chennai: 2022 June 10 Purchased goods from Ravichandran of Madurai of the list price of ₹2,00,000 at 25% trade discount at 4% cash discount on purchase price of goods. June 25 Sold goods to...

5. Record the following transactions in the books of Sahdev & Sons assuming all transactions have been entered within the state of Bihar, Charging CGST and SGST @ 9% each. (i) Bought goods from Nanak Bros. for ₹4,00,000 at 10% trade discount and 3% cash discount on purchase price. 25%...

6. Pass entries in the books of Mr. Roopani of Gujarat assuming CGST @9% and SGST @9%. (i) Purchased goods for ₹2,00,000 from Suryakant of Jaipur (Rajasthan) on Credit. (ii) Sold goods for ₹1,50,000 to Mr. Pawar of Mumbai (Maharashtra) and the cheque received was sent to bank. (iii) Sold...

7. Pass entries in the books of Sh. Jagdish Mishra of Lucknow (U.P.) assuming CGST @6% and SGST @6%: 2023 March 5 Purchased goods for ₹2,50,000 from Virender Yadav of Patna (Bihar). March 12 Sold goods costing ₹60,000 at 50% profit to Partap Sinha of Ranchi (Jharkhanad). March 14 Purchased...

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...

9. Pass entries in the books of all parties in the following cases assuming CGST @6% and SGST @6%: 2023 March 1 Mahesh Chandra of Bihar purchased goods for ₹1,00,000 from Sunil Soren of Jharkhand and sold the same to Deepak Patnaik of Odisha for ₹1,50,000. March 5 Deepak Patnaik...

10. Journalise the following transactions in the books of Gaurav: Sold goods to Saurabh of the list price of ₹1,00,000 Less trade discount of 10% with CGST and SGST @ 6% each, allowed cash discount 5%. Purchased machinery from Jalaj Machine Tools, Kolkata ₹5,00,000.  Electricity Expenses for office ₹7,000 and...