Class 11th CHAPTER: 3. Journal Entries Journalize the following transactions in the books of Anand General Merchants. Journalize the following transactions in the books of Gajanan. Journalize the following transactions in the books of Ashok General Stores. Journalize the following transactions in the books of Sanjay General Stores. Journalize the following transactions in the books of Kunal Stores. Journalize the following transactions in the books of Nina General Stores. Journalize the following transactions in the books of Varun. Journalize the following transactions in the books of Dhoni Auto Car Centre. Journalize the following transactions in the books of Hero Enterprises. Journalize the following transactions in the books of Harbhajan & Co. for the month of 1st April 2019.
Journal Entries Solution With Explanations and Calculations of Standard 11th Maharashtra State Board. All Textbook Practical Problems are Solved. Students can ask there doubts in comment box. Below are the Practical Problems click on the problem to get solution with explanations and calculations.
PRACTICAL PROBLEMS
1. Journalize the following transactions in the books of Anand General Merchants.
2. Journalize the following transactions in the books of Gajanan.
3. Journalize the following transactions in the books of Ashok General Stores.
4. Journalize the following transactions in the books of Sanjay General Stores.
5. Journalize the following transactions in the books of Kunal Stores.
6. Journalize the following transactions in the books of Nina General Stores.
Journal Entries Solution With Explanations and Calculations of Standard 11th Maharashtra State Board. All Textbook Practical Problems are Solved. Students can ask there doubts in comment box. Below are the Practical Problems click on the problem to get solution with explanations and calculations.
PRACTICAL PROBLEMS
1. Journalize the following transactions in the books of Anand General Merchants.
2. Journalize the following transactions in the books of Gajanan.
3. Journalize the following transactions in the books of Ashok General Stores.
4. Journalize the following transactions in the books of Sanjay General Stores.
5. Journalize the following transactions in the books of Kunal Stores.
6. Journalize the following transactions in the books of Nina General Stores.
Q.9. Calculate the following.
1) Purchased Motor Car from Tata & Co. worth Rs.2,00,000 at 18% GST. Find out GST amount.
= 2,00,000 *18/100 =36,000
The GST amount is Rs.36,000.
2) Paid Transport charges Rs.10,000 @5% GST. Calculate CGST & SGST.
CGST @2.5% =10,000 *2.5/100 = 250
SGST @2.5% = 10,000 *2.5/100 = 250
3) Bought Goods from Ranjan Rs.10,000 @5% GST and 10% cash Discount. Calculate cash discount.
Cash discount =10,000 *10/100 = 1,000
GST @5%= 1,000 *5/100 = 50
Add both the Amount 1,000 + 50 = 1,050
4)Received cheque of Rs.90,000 from Kiran in full settlement of his account Rs.1,00,000/-. Calculate discount rate.
List amount =1,00,000 and received amount =90,000
"Discount amount = list amt - received amt"
= 1,00,000 - 90,000
= 10,000
"Rate of Discount = Discount/List amt *100"
=10,000/1,00,000 *100
=10%
5)Sold goods of Rs.1,00,000 at 10%. Trade Discount and 10% Cash discount to Ram and received 50% amount by cheque. Calculate the amount of cheque received.
T.D @10% = 1,00,000 *10/100 = 10,000
C.D @10% = 90,000 *10/100 = 9,000
50% by Cheque = 81,000 *50/100 = 40,500
Q.10 Complete the following table.
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