[CBSE] Q 1 Accounting for Goods and Services Tax (GST) TS Grewal class 11 (2023-24)

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Are you looking for solutions of Question number 1 of Accounting for Goods and Services Tax (GST) of TS Grewal class 11 CBSE Board 2023-24

Journalise the following transactions in the books of Gurman of Delhi:

(i) 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.

(ii) Supplied goods costing ₹ 6,000 to Mohan of Kolkata issued invoice at 10% above cost less 5% trade discount plus IGST @ 18%.

(iii) Goods valued at ₹ 2,500 distributed from stock as samples, as part of an advertising campaign. These goods were purchased paying CGST and SGST @ 9% each.

(iv) Sold gods costing ₹ 1,00,000 to Anil of Delhi at a profit of 20% on sales less 20% Trade Discount plus CGST and SGST @ 9% each.

Solution:-

Below is the list of all solutions of chapter 12 Goods and Services Tax (GST) TS Grewal class 11 CBSE 2023-24

S.NSolutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
10Question – 10
11Question – 11
12Question – 12
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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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