Page No
11.37:
Question
11:
Enter the following transactions in the Sales Return Book
of Raj Computers, Delhi:
|
2021 |
|
|
July 1 |
Sohan & Sons returned 2 Laptops HP sold @ ` 40,000 each |
|
July 2 |
Ramesh
& Sons, Noida returned 2 'Ricoh' printers sold @ ` 10,000 each |
|
July 25 |
Dinesh,
Chandigarh returned 10 HP Desktops sold @ ` 20,000 |
|
July 26 |
Computer
Mouse returned by Ravi, Delhi sold to him for cash ` 2,000 |
Write
up the Ledger Accounts.
Answer:
|
Sales Return Book of Raj
Computers, Delhi |
|
||||||||||||||||||||||
|
Date |
Particulars |
Credit Note No |
L.F. |
Details (`) |
Amount (`) |
|
|||||||||||||||||
|
2021 |
|
|
|
|
|
|
|||||||||||||||||
|
July 01 |
Sohan &
Sons, Delhi |
|
|
|
|
|
|||||||||||||||||
|
|
2
Laptops HP sold @ ` 40,000 each |
|
|
80,000 |
80,000 |
|
|||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||
|
July 02 |
Ramesh & Sons, Noida |
|
|
|
|
|
|||||||||||||||||
|
|
2
Ricoh Printers sold @ ` 10,000
each |
|
|
20,000 |
20,000 |
|
|||||||||||||||||
|
July 25 |
Dinesh, Chandigarh |
|
|
|
|
|
|||||||||||||||||
|
|
10
HP Desktop sold @ ` 20,000 each |
|
|
2,00,000 |
2,00,000 |
|
|||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||
|
July 31 |
Sales
Return A/c |
Dr. |
|
|
|
3,00,000 |
|
||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Ledger Sales Return A/c |
|||||||||||||||||||||||
|
Dr. |
Cr. |
||||||||||||||||||||||
|
Date |
Particulars |
J.F. |
Amount (`) |
Date |
Particulars |
J.F. |
Amount (`) |
|
|||||||||||||||
|
2021 |
|
|
|
|
|
|
|
|
|||||||||||||||
|
July 1 |
To Sundries as per Sales Return Book |
|
3,00,000 |
2021 July
31 |
By
balance C/d |
|
3,00,000 |
|
|||||||||||||||
|
|
|
|
3,00,000 |
|
|
|
3,00,000 |
|
|||||||||||||||
|
August 1 |
To Balance b/d |
|
3,00,000 |
|
|
|
|
|
|||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
|
Sohan & Sons |
|
||||||||||||||||||||||
|
Date |
Particulars |
J.F. |
Amount (`) |
Date |
Particulars |
J.F. |
Amount (`) |
|
|||||||||||||||
|
2021 |
|
|
|
2021 |
|
|
|
|
|||||||||||||||
|
July
31 |
To
Balance c/d |
|
80,000 |
July 31 |
Sales Return A/c |
|
80,000 |
|
|||||||||||||||
|
|
|
|
80,000 |
|
|
|
80,000 |
|
|||||||||||||||
|
|
|
|
|
August
1 |
By
Balance b/d |
|
80,000 |
|
|||||||||||||||
|
Ramesh & Sons |
|
||||||||||||||||||||||
|
Date |
Particulars |
J.F. |
Amount (`) |
Date |
Particulars |
J.F. |
Amount (`) |
|
|||||||||||||||
|
2021 |
|
|
|
2021 |
|
|
|
|
|||||||||||||||
|
July
31 |
To
Balance c/d |
|
20,000 |
July 31 |
Sales Return A/c |
|
20,000 |
|
|||||||||||||||
|
|
|
|
20,000 |
|
|
|
20,000 |
|
|||||||||||||||
|
|
|
|
|
August
1 |
By
Balance b/d |
|
20,000 |
|
|||||||||||||||
|
Dinesh |
|
||||||||||||||||||||||
|
Date |
Particulars |
J.F. |
Amount (`) |
Date |
Particulars |
J.F. |
Amount (`) |
|
|||||||||||||||
|
2021 |
|
|
|
2021 |
|
|
|
|
|||||||||||||||
|
July
31 |
To
Balance c/d |
|
2,00,000 |
July 31 |
Sales Return A/c |
|
2,00,000 |
|
|||||||||||||||
|
|
|
|
2,00,000 |
|
|
|
2,00,000 |
|
|||||||||||||||
|
|
|
|
|
August
1 |
By
Balance b/d |
|
2,00,000 |
|
|||||||||||||||
Page No
11.37:
Question
12:
Prepare Returns Inward and Return Outward Books of Manoj, Mumbai from the following transactions and post them
into Ledger Accounts:
|
2021 |
|
|
March 1 |
Mathur Bros., New Delhi, returned: |
|
|
5
pairs of Shoes for being defective @ ` 2,000 per pair |
|
|
Less: Trade Discount
10% |
|
March 5 |
Returned
to Kanpur Leather Private Ltd., Kanpur: |
|
|
100
pairs of Chappals being not up to the approved
sample. They were purchased @ ` 300 per pair |
|
|
Less: Trade Discount
15% |
|
March 12 |
Baluja Shoes Co., Mumbai, returned 12 pairs of ladies chappals sold to them @ ` 4,000 per pair |
|
|
Less: Trade Discount
10% |
|
March 20 |
Returned
to Bata Shoes Pvt Ltd., Mumbai: |
|
|
100
pairs B.S.C Canvas Shoes @ ` 500 per pair |
|
|
Less: Trade Discount
15% |
Answer:
|
Returns Inward Book |
|||||
|
Date |
Particulars |
Credit Note No |
L.F. |
Details (`) |
Amount (`) |
|
2021 |
|
|
|
|
|
|
March 01 |
Mathur Bros.,
New Delhi |
|
|
|
|
|
|
5 pairs of Shoes @ ` 2,000 per pair |
|
|
10,000 |
|
|
|
Less: 10% Trade Discount |
|
|
(1,000) |
|
|
|
|
|
|
9,000 |
9,000 |
|
|
|
|
|
|
|
|
March 12 |
Baluja Shoes Co., Delhi |
|
|
|
|
|
|
12 pairs of Ladies Chappals
@ ` 4,000 per pair |
|
|
48,000 |
|
|
|
Less: 10% Trade Discount |
|
|
(4,800) |
|
|
|
|
|
|
43,200 |
43,200 |
|
March 31 |
Returns
Inward Book A/c …Dr. |
|
|
|
52,200 |
|
|
|
|
|
|
|
|
Returns Outward Book |
||||||
|
Date |
Particulars |
Debit Note No |
L.F. |
Details (`) |
Cost (`) |
|
|
2021 |
|
|
|
|
|
|
|
March 05 |
Kanpur Leather Private Ltd., Kanpur |
|
|
|
|
|
|
|
100 pairs of Chappals @ ` 300
per pair |
|
|
30,000 |
|
|
|
|
Less: 15% Trade Discount |
|
|
(4,500) |
|
|
|
|
|
|
|
25,500 |
25,500 |
|
|
|
|
|
|
|
|
|
|
March 20 |
Bata Shoes Pvt. Ltd., Mumbai |
|
|
|
|
|
|
|
100 pairs B.S.C Canvas Shoes @ ` 500 per pair |
|
|
50,000 |
|
|
|
|
Less: 15% Trade Discount |
|
|
(7,500) |
|
|
|
|
|
|
|
42,500 |
42,500 |
|
|
March 31 |
Return Outward A/c |
Cr. |
|
|
|
68,000 |
|
|
|
|
|
|
|
|