Question 7 Chapter 5 – Unimax Publications of Class 11

Question 6 Chapter 5 – Unimax Publications of Class 11


Question 7 Chapter 5 – Unimax Publications of Class 11

7. Journalise the following transactions in the books of Gobind
(i) Purchased goods goods for Rs. 50,000 (Intra State) and Paid GST 18%.
(ii) Sold goods for Rs. 80,000 (including Profit of 25%) and Charge GST @ 18% (Intra- State )
(iii) Purchase Machinery Costing Rs. 60,000 from (Intra State) and Paid (GST 18%).

The solution of Question 7 Chapter 5 – Unimax Publications of Class 11:


DateParticulars L.F.DebitCredit
(i)Purchase A/cDr. 50,000 
 Input CGST A/c  4,500 
 Input SGST A/c  4,500 
 To Creditors A/c   59,000
 (Being goods purchased and Input CGST, SGST claimed)    
(ii)Debtor’s A/cDr. 94,400 
 To Sales A/c   80,000
 To Output CGST A/c   7,200
 To Output SGST A/c   7,200
 (Being the sale made)    
(iii)Machinery A/c (Fixed Assets)Dr. 60,000 
 Input CGST A/c  5,400 
 Input SGST A/c  5,400 
 To Vendors A/c   70,800
 (Being Machinery purchased & Input CGST& Input SGST claimed)   

End of Solution

Check Out the Solution of all questions for this chapter:

The solutions to all questions of Chapter No. 5 – Goods and Services Tax (GST) : An Introduction Unimax – Class 11 are shown as follows, click on the image of the question to get the solution.

1. Comprehensive Solutions for All Chapters of Advanced Accountancy I Class 11 by Unimax offers a comprehensive solution for students studying Advanced Accountancy I Part 1 in Class 11. With their meticulously curated study material, students can access comprehensive solutions to all the questions included within each chapter. By selecting the chapter name from the study material, students can easily navigate through the topics and find detailed explanations and step-by-step solutions to the problems presented in that section. Whether it’s understanding complex accounting concepts, mastering calculation techniques, or analyzing financial statements, Unimax provides a valuable resource to aid students in their learning journey. With these comprehensive solutions at their disposal, students can enhance their understanding, clarify doubts, and improve their problem-solving skills in Advanced Accountancy, ensuring they are well-prepared for their Class 11 examinations.

2. Punjab School Education Board (PSEB) Solutions of Usha Publication.

If you’re a student enrolled in the Punjab School Education Board Class 11, it’s essential to explore a wide range of books to cover the syllabus thoroughly. While the prescribed textbooks are undoubtedly valuable, supplementing your studies with additional resources can enhance your understanding and knowledge. Consider checking out other books that align with the curriculum, offering different perspectives and insights on the subjects you’re studying. These supplementary materials can provide you with alternative explanations, practice questions, and examples that may aid in clarifying complex concepts. Moreover, exploring diverse sources can expose you to a variety of writing styles and viewpoints, fostering a broader understanding of the subjects. So, seize the opportunity to expand your learning by delving into other books that can complement your studies and contribute to your academic growth.


Leave a Reply

Your email address will not be published. Required fields are marked *