Question 10: Enter the following transactions in the Sales Return
Book of Raj Computers, Delhi:
|
2021 |
|
|
July 1 |
Sohan & Sons, Delhi returned 2 Laptops
HP sold @ 40,000 each plus CGST and SGST@ 64% each |
|
July 2 |
Ramesh & Sons, Noida returned 2
'Ricoh' printers sold @ 10,000 each plus IGST@ 12% |
|
July 25 |
Dinesh, Chandigarh returned 10 HP
Desktops sold@ 20,000 each plus IGST@ 12% for delayed supply |
|
July 28 |
Computer Mouse returned by Ravi, Delhi
sold to him for cash 2,000 including CGST and SGST |
Show its
posting to Ledger Accounts.
Answer:
|
SALES RETURN BOOK |
|||||||||||
|
Date |
Particulars |
Credit Note No. |
L.F. |
Details ` |
Value ` |
Output CGST Dr. (`) |
Output SGST Dr. (`) |
Output IGST Dr. (`) |
Total ` |
||
|
2021 July 1 |
Sohan & Sons, Delhi 2 Laptops HP @ ` 40,000 each Add: 6% CGST 6% SGST |
|
|
80,000 4,800 4,800 |
80,000 |
4,800 |
4,800 |
... |
89,600 |
||
|
89,600 |
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|
July 2 |
Ramesh & Sons, Noida 2 ‘Ricoh’ printers @ ` 10,000 each Add: 12% IGST |
20,000 2,400 |
|
|
|
|
|
||||
|
|
|
22,400 |
20,000 |
... |
... |
2,400 |
22,400 |
||||
|
July 25 |
Dinesh, Chandigarh 10 HP Desktops @ ` 20,000 each Add: 12% IGST |
|
|
|
|
|
|||||
|
2,00,000 24,000 |
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|
July 26 July 31 |
Ravi, Delhi (No Entry) |
2,24,000 |
2,00,000 ... |
... ... |
... ... |
24,000 ... |
2,24,000 ... |
||||
|
... |
|||||||||||
|
Sales Return A/c |
Dr. |
3,00,000 |
4,800 |
4,800 |
26,400 |
3,36,000 |
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|
|
|
|
|
|
|
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|
Dr. |
Ledger SALES RETURN ACCOUNT |
Cr. |
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|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
||
|
2021 |
|
|
|
|
2021 |
|
|
|
|
|
July 1 |
To |
Sohan & Sons, Delhi |
89,600 |
July |
31 |
By Balance c/d |
3,36,000 |
||
|
July 2 |
To |
Ramesh & Sons, Noida |
22,400 |
|
|
|
|
||
|
July 25 |
To |
Dinesh, Chandigarh |
2,24,000 |
|
|
|
|
||
|
|
|
|
3,36,000 |
|
|
|
3,36,000 |
||
|
August 1 |
To |
Balance b/d |
3,36,000 |
|
|
|
|
||
|
Dr. |
SOHAN & SONS |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
|
2021 July 31 |
To Balance c/d |
|
89,600 |
2021 July 1 August1 |
By Sales Return A/c By Balance b/d |
|
89,600 |
|
89,600 |
89,600 |
||||||
|
|
89,600 |
||||||
|
Dr. |
RAMESH & SONS |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
|
2021 July 31 |
To Balance c/d |
|
22,400 |
2021 July 2 August1 |
By Sales Return A/c By Balance b/d |
|
22,400 |
|
22,400 |
22,400 |
||||||
|
|
22,400 |
||||||
|
Dr. |
DINESH |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
|
2021 July 31 |
To Balance c/d |
|
2,24,000 |
2021 July 25 |
By Sales Return A/c |
|
2,24,000 |
|
|
|
|
2,24,000 |
|
|
|
2,24,000 |
|
|
|
|
|
August1 |
By Balance b/d |
|
2,24,000 |
|
Dr. |
OUTPUT CGST ACCOUNT |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
|
2021 July 1 |
To Sohan & Sons |
|
4,800 |
|
|
|
|
|
Dr. |
OUTPUT SGST
ACCOUNT |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
|
2021 July 1 |
To Sohan & Sons |
|
4,800 |
|
|
|
|
|
Dr. |
OUTPUT IGST ACCOUNT |
Cr. |
|||||
|
Date |
Particulars |
J.F. |
` |
Date |
Particulars |
J.F. |
` |
|
2021 |
|
|
|
|
|
|
|
|
July 2 |
To Ramesh & Sons |
2,400 |
|||||
|
July 25 |
To Dinesh |
24,000 |
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