3. Chapter : Journal
Book Page No. 86
PRACTICAL PROBLEMS NO. 7
7. Journalise the following transactions in the books of Varun
2018 Oct
1 Purchased Machinery of ` 95,000 and paid ` 5,000 for freight.
3 Purchased goods for ` 1,50,000 and amount paid by Bank.
6 Purchased Laptop from Nagesh & Co. worth ` 1,80,000 @ 18% GST.
10 Paid into Bank of Baroda ` 70,000.
12 Paid for Rent ` 4,000 and Commission ` 3,000.
15 Bought goods from Tushar Company Ltd. ` 1,20,000 at 12% GST and paid 1/2 amount
by RTGS.
16 Cash purchases ` 50,000 amount paid by cheque.
20 Invoiced goods to Satish ` 80,000 at 12% GST and amount received by cheque.
25 Paid for Telephone charges ` 90,000
27 Mrs. Varsha bought goods from us ` 90,000 at 12% Trade Discount.
28 Purchased goods from Abhijeet & Sons ` 1,50,000 at 18% GST.
30 Paid to Abhijeet & Sons and received 10% Cash Discount by cheque.
31. Paid for Advertisement ` 8,000 and Brokerage ` 12,000.
ANS:
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