[CBSE] Q 3, Q 4 Accounting for Goods and Services Tax (GST) TS Grewal class 11 (2025-26)
Solutions of Question number 3 and 4 of Accounting for Goods and Services Tax (GST) of TS Grewal class 11 CBSE Board 2025-26
Q. 3. Journalise the following in the books of Amit Saini, Gurugram (Haryana):
(i) Goods of ₹ 5,000, out of goods purchased within the state, were taken by him or personal use.
(ii) ₹ 2,000 due from Sohan were bad debts.
(iii) Goods of ₹ 6,000 were destroyed by fire and were not insured. These good were purchased from outside the state.
(iv) Paid ₹ 4,000 in cash as wages on installation of machine. (GST is not be levied).
(v) Sold goods to Arjun of Delhi of list price ₹ 20,000. Trade discount @ 10% and cash discount of 5% was allowed. He paid the amount on the same day and availed the cash discount.
(vi) Received ₹ 2,000 from Ramesh, whose account was written off as bad debts.
(vii) Goods costing ₹ 1,000 given as charity. These goods were purchased from within the state.
(viii) Received ₹ 9,750 from Ramesh in full settlement of his account of ₹ 10,000.
(ix) Paid rent in advance ₹ 4,000.
CGST and SGST is to be lavied on intra-state sale @ 6% each and IGST @ 12% on inter-state sale.
Solution:-
Q. 4. Journalise the following transactions in the books of Mohan, Delhi:
(i) Raj of Alwar, Rajasthan who owed Mohan ₹ 25,000 became insolvent and received 60 paise in a rupee as full and final settlement.
(ii) Mohan owes to his landlord ₹ 10,000 as rent. GST payable @ 6% each.
(iii) Charge depreciation of 10% on furniture costing ₹ 50,000.
(iv) Salaries due to employees ₹ 20,000.
(v) Sold to Sunil goods in cash of ₹ 10,000 less 10% trade discount plus CGST and SGST @ 6% each and received a net of ₹ 8,500 plus CGST and SGST.
(vi) Provided interest on capital of ₹ 1,00,000 @ 10% per annum.
(vii) Goods lost in theft ₹ 5,000, which were purchased paying IGST @ 12% from Alwar, Rajasthan.
Solution:-
Below is the list of all solutions of chapter 12 Goods and Services Tax (GST) TS Grewal class 11 CBSE
