ASSIGNMENT: 01
1. Create a
company with name of Vaishnav Pvt Ltd.(FY:2020-2021)
GST NO: 20AAAGM0289C1ZX
2. Business
started with cash of Rs.400000 and Rs.200000 deposited into State Bank of India
on 01.04.2020.
3. Reserve
cash of Rs.50000 or capital.
4. Purchase
the following goods from Mohan in Jamshedpur with gst on 01.04.2020.(pur/mh/20)
|
Item Name |
Qty |
Rate |
Gst |
|
Camera |
6 |
2500 |
18% |
|
Swing machine |
10 |
2200 |
18% |
|
Washing machine |
12 |
25000 |
28% |
5. Purchase
the following goods from Ajay in Jamshedpur with gst on 01.04.2020.(pur/ay/20)
|
Item Name |
Qty |
Rate |
Gst |
|
Camera |
6 |
2500 |
18% |
|
Computer |
8 |
12000 |
18% |
|
monitor |
5 |
8500 |
18% |
|
Swing machine |
10 |
2200 |
18% |
|
Washing machine |
12 |
25000 |
28% |
6. Purchase
the following goods from Vikash in Bokaro with gst on 01.04.2020(pur/vk/20).
|
Item Name |
Qty |
Rate |
Gst |
|
Tea |
100 |
150 |
5% |
|
Coffee |
100 |
200 |
5% |
|
Parle-g |
100 |
100 |
Nil |
7. Cash of Rs.90000
deposited into SBI Bank on 02.04.2020.
8. Sold the
following goods to Raman in Ramgarh with Gst on 02.04.2020(sale/001/20).
|
Item Name |
Qty |
Rate |
Gst |
|
Camera |
62 |
9500 |
18% |
|
Printer |
65 |
5200 |
18% |
|
Washing machine |
58 |
85000 |
28% |
9. Paid office
rent of Rs.3500 and Godown Rent of Rs.5600 in Cash on 02.04.2020 in Advance.
10. Received
balance amount from Raman on 02.04.2020.
11. Sold 9pkt
coffee @ 3300 and 7 pkt tea @ 700 to Dolly Ghosh with gst on
02-04-2020.(Sale/002/20).
Take backup of your company.
ASSIGNMENT: 02
#Open your Company “Vaishnav Pvt Ltd”.
1.
Invested
following capital by the owner
|
Machinery |
Rs.75000 |
|
furniture |
Rs.35000 |
2.
sold the
following goods to sumit in Dhanbad with gst on 01.05.2020(sale/003/20).
|
item name |
qty |
rate |
Gst |
|
Camera |
5 |
6500 |
18% |
|
Swing machine |
9 |
8200 |
18% |
|
Washing machine |
5 |
65000 |
28% |
3.
Sold the
following goods to Rameshin Hazaribaag with gst on 01.05.2020(sale/004/20).
|
item name |
qty |
rate |
Gst |
|
Parle-g |
15 |
350 |
Nil |
|
Tea |
20 |
120 |
5% |
|
Coffee |
85 |
650 |
5% |
4.
Goods of
Rs.15000 and cash of Rs.10000 Withdrawn from business for personal use on
02.05.2020.
5.
Purchase
20 pkt coffee@250 and 20 pkt tea@500 from Vikash in Bokaro with Gst 5% on
02.05.2020(pur2/vk/20).
6.
Purchase
the following goods from Sonal in Jamshedpur with gst on 02.05.2020(pur/sn/20)
|
item name |
qty |
rate |
Gst |
|
Camera |
15 |
3500 |
18% |
|
Cell phone |
20 |
8000 |
12% |
|
Swing machine |
10 |
6500 |
12% |
7.
Sumit returned 2 pcs swing machine on
01.06.2020 due to poor quality.
8.
sold the
following goods to sumit again with gst on 01.06.2020(sale/005/20).
|
item name |
qty |
Rate |
Gst |
|
Camera |
15 |
9800 |
18% |
|
Swing machine |
12 |
12500 |
12% |
|
Monitor |
8 |
10000 |
18% |
|
Keyboard |
8 |
800 |
12% |
|
Cell phone |
7 |
15600 |
12% |
9.
Charged
depreciation @5% on Machinery on 01.06.2020.
10.
Loan taken
by company of RS.200000 from State Bank of India and Rs.75000 from Raman Ahuja
on 02.06.2020.
11.
sold the
following goods to Raman again in Ramgarh with gst on 02.06.2020(sale/R001/20).
|
item name |
qty |
rate |
Gst |
|
Camera |
50 |
6500 |
18% |
|
Swing machine |
29 |
8200 |
12% |
|
computer |
15 |
65000 |
18% |
|
Cell Phone |
25 |
45000 |
12% |
|
monitor |
32 |
15000 |
18% |
|
Washing machine |
10 |
85000 |
28% |
ASSIGNMENT: 03
1.
Purchase the following goods from Raju Malhotra
in Bokaro with Gst on 01.06.2020.(rj/123)
|
Item Name |
Qty |
Rate |
Gst |
|
Juicer |
10 |
15000 |
18% |
|
mixer grinder |
8 |
10000 |
18% |
|
Cell phone |
5 |
59000 |
18% |
|
Luggage bag |
2 |
9000 |
12% |
|
Washing machine |
8 |
45000 |
28% |
2.
Purchase 9 pcs cell Phone @18500 and 12 pcs
swing machine @12000 from Niharika Mittal with gst in Hazaaribaag in cash with
trade discount 7% on 02.06.2020.(cash/857/20)
3.
Paid advertisement expense of Rs.5000 to Nisha
Janghel through cheque of SBI (chq no.100006) in advance on 01.07.2020.
4.
Sold the following goods to Sony Sharma in
Jamshedpur with trade discount 5% on 01.07.2020.(sale/006/20)
|
Item Name |
Qty |
Rate |
Gst |
|
Cell phone |
85 |
18900 |
18% |
|
mixer grinder |
18 |
10000 |
18% |
|
Washing machine |
45 |
89500 |
28% |
|
Camera |
15 |
60000 |
18% |
|
Monitor |
26 |
10000 |
18% |
5.
Received balance amount from Dolly Ghosh with
final settlement on 01.07.2020.
6.
Sold old furniture for Rs.30000 to Mr. Suresh
Joshi after charging depreciation of Rs.5000 on 01.07.2020.
7.
Sold the following goods to Komal Kapoor with gst
on 01.07.2020(sale/007/20).
|
Item Name |
Qty |
Rate |
Gst |
|
Cell phone |
15 |
65000 |
18% |
|
mixer grinder |
20 |
12000 |
18% |
|
Washing machine |
9 |
65000 |
28% |
8.
Sold the following goods to Sony Sharma with gst
on 01.07.2020(sale/008/20).
|
Item Name |
Qty |
Rate |
Gst |
|
Swing machine |
8 |
4500 |
12% |
|
printer |
15 |
12000 |
18% |
|
Washing machine |
5 |
65000 |
28% |
9.
Paid balance amount to Mohan and Vikash on
02.07.2020.
10.
Purchase 10 pcs mixer grinder@3500 and 20 pcs
juicer@3000 from Rani Dutta in Jamshedpur with 18% gst on 01.08.2020.(pur/rd/258).
11.
Received balance amount from Mr.Suresh Joshi ,
sumit and Ramesh on 02.09.2020 in cash and deposited into company’s bank
Account on same day.
ASSIGNMENT:04
Open your company “ Vaishnav
Pvt Ltd”.
1.
Sold the following goods to Mr.Adarsh Mehta in
Ranchi on 01.09.2020.(sale/009/20)
|
Item Name |
Qty |
Rate |
Gst |
|
luggage bag |
20 |
6000 |
12% |
|
mixer grinder |
8 |
9600 |
18% |
2.
sold 4pcs juicer @4500 to komal kapoor on
02.09.2020.(sale/010/20)
3.
received commission of Rs.8500 in advance on 02.9.2020.
4.
Paid cash of Rs.30000 to Raman Ahuja on
01.10.2020.
5.
Purchase the following goods from Akash Sharma in
Ranchi on 01.10.2020 with gst(pur/as/258)
|
Item Name |
Qty |
Rate |
Gst |
|
Monitor |
20 |
6000 |
18% |
|
mixer grinder |
8 |
9600 |
18% |
|
Cell phone |
5 |
52000 |
18% |
|
Printer |
2 |
45000 |
18% |
6.
Sold the following goods to Rani Dutta in
Jamshedpur with gst and allowed 5% discount on 02.10.2020.(sale/011/20)
|
Item Name |
Qty |
Rate |
Gst |
|
Juicer |
20 |
15000 |
18% |
|
mixer grinder |
8 |
10000 |
18% |
|
Cell phone |
5 |
59000 |
18% |
|
Luggage bag |
2 |
9000 |
12% |
7.
Cash of Rs.50000 deposited into State bank of
India on 02.10.2020.
8.
Sold the following goods to Mr Adarsh Mehta in
Ranchi on 01.11.2020.(sale/012/20)
|
Item Name |
Qty |
Rate |
Gst |
|
Juicer |
20 |
15000 |
18% |
|
mixer grinder |
8 |
10000 |
18% |
|
Coffee |
85 |
980 |
5% |
|
Swing Machine |
15 |
54000 |
12% |
9.
Adjust the advance advertisement expense to
current advertisement expense on 01.11.2020.
10.
Paid interest on loan of Rs.2000 to State Bank of
India through cheque(chq no.100005).
ASSIGNMENT : 5
Open your Company “Vaishnav Pvt Ltd”.
1.
Paid salary of Rs.75000 to Office Staff on
02-11-2020.
a.
Manager
i.
Deepak shah 25000
b.
Sales person
i.
Ajay Kumar 18000
ii.
Madhu Mishra 18000
iii.
Aarav Singh 14000
2.
Purchase the following goods from Vikash in
Bokaro on 01-12-2020 with trade discount 7% (pur/vk/020)
|
item Name |
qty |
rate |
gst |
|
Swing machine |
10 |
9000 |
12% |
|
Printer |
12 |
10500 |
18% |
|
camera |
9 |
13000 |
18% |
3.
Sold the following goods to Meena in Jamshedpur
on 01.12.2020.(sale/012/20).
|
item Name |
qty |
rate |
Gst |
|
Washing Machine |
5 |
25000 |
28% |
|
camera |
8 |
9500 |
18% |
|
computer |
10 |
8500 |
18% |
4.
Received balanced amount from Komal Kapoor with
3% discount on 02-12-2020.
5.
Invested counter table by the owner of Rs.35000
in our business on 1-1-2021.
6.
Purchased 5pcs Laptop @60000 and 3pcs computer
@35000 from Anil Gupta with GST in cash on 1-01-2021.
7.
Sold 6Pcs printer@8500 and 9Pcs Swing Machine @
9800 from Swati Sharma with Gst on 02-01-2021.
8.
Pass the adjustment entry and paid to the
government through cheque of State Bank of India.(chq no: 700001).
ASSIGNMENT :6
1)
Create a company with name of “Shyam Services”(FY : 2020-2021).
2)
Business started by Mr.Shyam Singh with cash of
Rs.200000 in which computer of Rs.45000,goods of Rs.24000 and furniture of
Rs.26000.
3)
Service of Rs.25000 receive from Mr. Ashok for
packing with Gst 12% in Dhanbad.
4)
Banking Service Provided by Mr.Rohan of Rs.35000
with 18% gst in Jamshedpur.
5)
Repairing service of Rs.45000 provide to Rahul
with 12% gst in Ahamdabad.
6)
Telephone service of Rs.22000 Purchased from
BSNL with18% gst in Jamshedpur.
7)
Catering service of Rs.65000 provide to Manohar
in Hazaaribaag with 18% gst.
8)
Company received courier service from Ajay
service Hub of Rs.27000 with 5% gst in gujrat.
9)
Clear the dues of Mr. Ashok And BSNL.
10)
Received service charges from Rahul and Manohar
in Cash.
11)
Service of Rs.21000 provide to Mr.Ankit for
Packing with gst 12% in Delhi.
12)
Sold the following goods to Rahul with 3% trade
discount.
|
item name |
qty |
rate |
gst |
|
laptop |
4 |
45000 |
18% |
|
camera |
4 |
23000 |
18% |
|
computer |
4 |
30000 |
18% |
|
printer |
2 |
15000 |
18% |
13)
Loan provided by company of Rs350000 to Ashish
Dev Singh through cheque of Bank of Baroda. (chqno:100001).
14)
service provided by company of Rs.27000 for
banking with 18% gst and Rs.21000 for repairing with 12% gst to Mr.Rohan.
15)
Adjust the tax and paid to the government by
cheque of Bank of Baroda(chq no: 100002).
ASSIGNMENT 7
1) Create a company with <Your name>
assign Tax (FY: 2020-2021).
2) Invested capital by the owner of Rs.
500000 in which goods of Rs.35000 and Rs.115000 deposited into HDFC Bank.
3) Purchase 9 Pcs Printer @4500 from
Rohit Janghel in Uttar Pradesh (09AAAGM0289C1ZH) with 18% GST.
4) Packing Service Received from Rohit of
Rs.1200 with 12% GST.
5) Service of Rs.28000 charge by company
to Mr.Singh for repairing with 18% GST in Bokaro.
6) Received commission of Rs.3000 from
Anuraj Malhotra in cash.
7) Telephone service of Rs.33000 received
from Mr.Vivek Kaushal in Maharastra with 18% GST.
8) Sold 3 pcs Printer @98000 to Mrs.
Saroj Agrawal in Bihar with 18% GST in cash.
9) Coaching service charge to Md Azhar in
uttar Pradesh of Rs.40000 with 12% gst.
10) Clear the dues of Rohit in cash.
11) Transportation service of Rs.36000
provide to miss Sonal with 18% gst in Delhi.
12) Cash of Rs.10000 withdrawl from
business for personal use.
13) Purchase the following goods from
Radhika electronics in Goa:-
|
Item
Name |
Qty |
Rate |
Gst |
|
Camera |
5 |
23000 |
18% |
|
Computer |
10 |
35000 |
18% |
14) sold the following goods to Rajesh
Singh in Jamshedpur.
|
Item
Name |
Qty |
Rate |
Gst |
|
Notebook |
5 |
230 |
5% |
|
Stapler & pin |
10 |
350 |
5% |
|
Pen |
54 |
85 |
5% |
|
File |
47 |
100 |
5% |
|
marker |
85 |
75 |
5% |
15) Receive service charges from Miss
Sonal, Md Azhar and Mr. Sinha in cash.
16) Pass the adjustment entry and paid to
the Government through cheque of HDFC Bank.(chq no. 357001)
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