Classroom Assignment

Sesson 40

 Intrastate goods purchases:-

On 1^st July 2017, purchased 100 no Rel Comm Series All Mobile phones

@ Rs. 7400 each from Rel Comm Mobiles, Maharashtra.

Invoice No. RCM/0107. CGST @ 6% & SGST @ 6%

 Intrastate goods sales:-   

On 2^nd July, we sold 50 Rel Comm Series All Mobile phones at

The rate of Rs. 10,000 each to Mobile Gallery, Maharashtra. The

Invoice number is MG/02017. Extra packaging cost is Rs. 1,000.

CGST & SGST are 6% each.

 Interstate Goods purchases:-

On 3^rd July 2017, purchased 200 India Air Bol Series

G12 at Rs. 9,500/- each from India AirBol Mobiles, Karnataka.

Invoice No. IAM/0307. IGST 12%

 Interstate Goods sales:-

On 4^th July 2017, we sold 200 numbers of India

AirBol Series G12 at Rs. 15, 000/- each to Mobiles

Home, Tamil Nadu. The invoice number is

MH/0407. The IGST is 12%.

Sales Return :-

On 10^th July, a mobile gallery returned 20

Damaged mobiles.

Purchases Return:-

On 12^th july, returned 20 damaged mobiles to

Rel Comm Mobiles

 Sale with inclusive of taxes:-

On 14^th July sold 50 Rel Comm Series A11 @ Rs. 11,000/- inclusive

Tax to New India Mobile Shoppe, Maharashtra.