# Practical Problem 08

 Q8. Journalise the following transactions and Prepare ledger accounts in the books of Sanjeev. 2019 June 1 Cash Received from Raju Rs 10,000 for commission.4 Purchased goods for Rs 9,000 less 10% Cash Discount. 3 Intra-state sale to Rakesh Rs 3,000 and SGST @2.5% and CGST @2.5% applicable.. 5 Received full amount from Rakesh. 8 Intra-state purchases from Mangesh Rs 2,000 and SGST @2.5% and CGST @2.5% applicable. 11 Paid the necessary amount to Mangesh. 18 Paid Rent Rs 2,500 24 Paid mobile bill Rs 1,000 out of which Rs 700 for office use and for Rs 300 for personal use. Solution:- In the books of sanjeev Journal Entries Date Particulars L.F Debit amount Credit Amount 2019 Jun-01 Cash A/c                               Dr 10,000 To Commission A/c 10,000 ( Being cash received from raju for commission ) 3 Rakesh ‘s A/c                      Dr 3,150 To Sales A/c 3,000 To output CGST A/c 75 To output SGST A/c 75 (Being Goods sold on credit to Rakesh @ 10% GST ) 5 Cash A/c                            Dr 3,150 To Rakesh ‘s A/c 3,150 ( Being cash received from Rakesh ) 8 Purchases A/c                Dr 2,000 Input CGST A/c              Dr 50 Input sGST A/c              Dr 50 To Mangesh ‘s A/c 2,100 (Being Infra State Purchases of goods from mangesh  @ 5% GST ) 11 Mangesh ‘s A/c             Dr 2,100 To Cash A/c 2,100 ( Being amount paid to mangesh  ) 18 Rent A/c                         Dr 2,500 To Cash A/c 2,500 ( Being paid rent ) 24 Mobile Charges A/c        Dr 700 Drawings A/c                    Dr 300 To Cash A/c 1,000 ( Being paid mobile charges ₹ 700 for office use & ₹ 300 for personal use ) Total 24,000 24,000 In the books of Sanjeev Dr                                                                                                            Cash A/c                                                                     Cr Date Particulars J.f Amount Date Particulars J.f Amount 2019 2019 Jun-01 To Commission A/c 10,000 Jun-11 By Mangesh’s A/c 2,100 5 To Rakesh’s A/c 3,150 11 By Rent A/c 2,500 24 By Mobile Charges A/c 700 24 By Drawings A/c 300 30 By Balance C/d 7,550 13,150 13,150 Jul-01 To Balance b/d 7,550 Dr                                                                                               Commission A/c                                                                      Cr Date Particulars J.f Amount Date Particulars J.f Amount 2019 2019 Jun-30 To Balance c/d 10,000 Jun-01 By Cash a/c 10,000 10,000 10,000 Jul-01 By Balance b/d 10,000 Dr                                                                                                      Rakesh ‘s A/c                                                                 Cr Date Particulars J.f Amount Date Particulars J.f Amount 2019 2019 Jun-03 To Sales A/c 3,000 Jun-05 By Cash A/c 3,150 To output CGST A/c 75 To output sGST A/c 75 3,150 3,150 Dr                                                                                                  Output CGST A/c                                                                     Cr Date Particulars J.f Amount Date Particulars J.f Amount 2019 2019 Jun-30 To Balance c/d 75 Jun-03 By Rakesh ‘s A/c 75 75 75 Jul-01 By Balance b/d 75 Dr                                                                                              Output SGST A/c                                                                       Cr Date Particulars J.f Amount Date Particulars J.f Amount 2019 2019 Jun-30 To Balance c/d 75 Jun-03 By Rakesh ‘s A/c 75 75 75 Jul-01 By Balance b/d 75 Dr                                                                                                Purchases A/c                                                                            Cr Date Particulars J.f Amount Date Particulars J.f Amount 2019 2019 Jun-08 To Mangesh ‘s A/c 2,000 Jun-30 By Balance C/d 2,000 2,000 2,000 Jul-01 To Balance b/d 2,000 Dr                                                                                                    Input CGST A/c                                                                  Cr Date Particulars J.f Amount Date Particulars J.f Amount 2019 2019 Jun-08 To Mangesh ‘s A/c 50 Jun-30 By Balance c/d 50 50 50 Jul-01 To Balance b/d 50 Dr                                                                                                     Input SGST A/c                                                                  Cr Date Particulars J.f Amount Date Particulars J.f Amount 2019 2019 Jun-08 To Mangesh ‘s A/c 50 Jun-30 By Balance c/d 50 50 50 Jul-01 To Balance b/d 50 Dr                                                                                                      Mangesh’s  A/c                                                                   Cr Date Particulars J.f Amount Date Particulars J.f Amount 2019 2019 Jun-11 To Cash A/c 2,100 Jun-08 By Purchases A/c 2,000 8 By Input CGST A/c 50 8 By INPut SGST A/c 50 2,100 2,100 Dr                                                                                                            Rent A/c                                                                             Cr Date Particulars J.f Amount Date Particulars J.f Amount 2019 2019 Jun-18 To Cash A/c 2,500 Jun-30 By balance c/d 2,500 2,500 2,500 Jul-01 To Balance b/d 2,500 Dr                                                                                                    Mobile Charges                                                                Cr Date Particulars J.f Amount Date Particulars J.f Amount 2019 2019 Jun-24 To Cash A/c 700 Jun-30 By balance c/d 700 700 700 Jul-01 To Balance b/d 700 Dr                                                                                                     Drawings A/c                                                                       Cr Date Particulars J.f Amount Date Particulars J.f Amount 2019 2019 Jun-24 To Cash A/c 300 Jun-30 By balance c/d 300 300 300 Jul-01 To Balance b/d 300 Dr                                                                                                            Sales A/c                                                                          Cr Date Particulars J.f Amount Date Particulars J.f Amount 2019 2019 Jun-30 To Balance c/d 3,000 Jun-03 By Rakesh ‘s A/c 3,000 3,000 3,000 Jul-01 By Balance b/d 3,000