R. Chetan, Kolkata has the following balances in his books on 1st March, 2019: Cash Rs. 15,400,
Channel: Doubtnut
Date: 2020-03-29

R. Chetan, Kolkata has the following balances in his books on 1st March, 2019: Cash Rs. 15,400, Cash at Bank Rs. 82,500, Stock Rs. 1,92,500, Plant and Machinery Rs. 4,40,000. Sundry Debtors: Rajesh Rs. 27,500, James Rs. 13,750. Sundry Creditors: Rao Rs. 19,250, Samanta, Rs. 35,750, Capital Rs. 7,16,650. The following are the transactions for the month of March, 2019: Transactions marked with (*) are intra-state transactions subject to CGST and SGST @ 6% each. Transactions marked with (**) are inter-state transactions subject to IGST @ 12%. Record these transactions in his subsidiary books, post to the Ledger and prepare a Trial Balance as on 31st March, 2019.