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Following transactions of Ramesh Delhi for April, 2018 are given below. Journalise them. 2018 ₹ April 1 Ramesh started business with cash 1,00,000 April 1 Deposited cash to open a current account with Bank 70,000 April 3 Bought goods for cash 5,000 April 13 Sold goods to Krishna, Panipat (Haryana) on credit 1,500 April 20 Bought goods from Atul, Karnal on credit 2,250 April 24 Received from Krishna 1,450 Allowed him discount 50 April 28 Paid cash to Shyam 2,150 Discount allowed by him 100 April 30 Cash sales for the month 8,000 April 30 Paid rent 500 April 30 Paid salary 10,000 CGST and SGST is levied 6% each on intra-state sale and purchase. IGST is levied 12% on inter-state sale and purchase.

Answer» Following transactions of Ramesh Delhi for April, 2018 are given below. Journalise them.






































































2018
April 1 Ramesh started business with cash 1,00,000
April 1 Deposited cash to open a current account with Bank 70,000
April 3 Bought goods for cash 5,000
April 13 Sold goods to Krishna, Panipat (Haryana) on credit 1,500
April 20 Bought goods from Atul, Karnal on credit 2,250
April 24 Received from Krishna 1,450
Allowed him discount 50
April 28 Paid cash to Shyam 2,150
Discount allowed by him 100
April 30 Cash sales for the month 8,000
April 30 Paid rent 500
April 30 Paid salary 10,000



CGST and SGST is levied 6% each on intra-state sale and purchase. IGST is levied 12% on inter-state sale and purchase.


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