Prepare Sales Return Book of Shiv Shankar, Delhi from the following transactions and post them into Ledger:
2025
| Feb. 10 | Rama Stores, Delhi returned: 2 Televisions Sony sold @ ₹20,000 each |
| Feb. 20 | Sohan Singh & Co., Dehradun returned: 3 Washing Machines Videocon sold @ ₹10,000 each |
Books of Shiv Shankar, Delhi
Sales Return Book (Returns Inward Book)
| Date | Particulars | Credit Note No. | L.F. | Details (₹) | Amount (₹) |
|---|---|---|---|---|---|
| 2025 Feb 10 | Rama Stores, Delhi 2 Televisions Sony sold @ ₹20,000 each | 40,000 | 40,000 | ||
| Feb 20 | Sohan Singh & Co., Dehradun 3 Washing Machines Videocon sold @ ₹10,000 each | 30,000 | 30,000 | ||
| Feb 28 — Sales Returns A/c Dr. | 70,000 |
Ledger Accounts
| Dr. | ₹ | Cr. | ₹ | |||
|---|---|---|---|---|---|---|
| Feb 28 | Sundries as per Sales Return Book | 70,000 | Feb 28 | Balance c/d | 70,000 | |
| Dr. | ₹ | Cr. | ₹ | |||
|---|---|---|---|---|---|---|
| Feb 28 | Balance c/d | 40,000 | Feb 10 | Sales Returns A/c | 40,000 | |
| Dr. | ₹ | Cr. | ₹ | |||
|---|---|---|---|---|---|---|
| Feb 28 | Balance c/d | 30,000 | Feb 20 | Sales Returns A/c | 30,000 | |
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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