Question 9 Chapter 8 of Class 11 Unimax Publications

Question 9 Chapter 8 of Class 11 Unimax Publications

9. From the following transactions, prepare the Sales Book Mehra & Co., a saree dealer, and post them to the Ledger:

4.1.2020	Sold on credit to Goyal & Co., Rohtak 12 polyster sarees @125 Less : Trade Discount @ 10%.
9.1.2020	Sold for cash to Garg & Co., Bhiwani 12 Kota sarees @ 50
16.1.2020	Sold on credit to Mittal & Co., Hissar 3 silk sarees @ 325. Less : Trade Discount @ 10%.
30.1.2020	Sold on credit to Mohan 2 old typewriters @500.

The solution of Question 9 Chapter 8 of Class 11 Unimax Publications

BOOKS OF MEHRA & CO. SALES BOOK

Date	Invoice no.	Particulars	L. F.	Details	Amount
2020
Jan.1		Goyal & Co., Rohtak
		12 polyster sarees @125		1,500
		Less: Trade discount 10%		150	1,350
Jan. 16		Mittal & Co., Hissar
		3 silk sarees @325		975
		Less: Trade discount 10%		97.50	877.50
Jan. 31		Sales a/c Cr.			2,227.50

LEDGER BOOK OF MEHRA & CO.

Dr.	1. GOYAL & CO., ROHTAK						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2020
Jan. 1	To Sales a/c		1,350

 

Dr.	2. MITTAL & CO., HISSAR						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2020
Jan.16	To Sales a/c		877.50

 

Dr.	3. SALES A/C						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
				2020
				Jan 9	By Cash A/c		600
				Jan 16	By Sundries as per sales book		2,227.50