Question No 11 Chapter No 11 - T.S. Grewal 11 Class

Question No 11 Chapter No 11

Sale Return Book

11. Prepare Sale Return Book of Shiv Shankar, Delhi From the following transactions and post them into Ledger :

2018
Feb.10	Rama Stores, Delhi returned:
	2 Television Sony Sold @ Rs 20,000 each Plus CGST and SGST @ 9%
Feb.20	Sohan Singh & Co., Dehradun Retuned:
	3 Washing Machines Videocon Sold @ 10,000 each plus IGST @ 18%

The solution of Question No 11 Chapter No 11: - 

In the Books of Shiv Shankar, Delhi 

	Sale Return Book
Date	Particular	Detail	Cost	Output CGST	Output SGST	Output ISGT	Total
2018 Feb.
10	Rama Stores, Delhi:
	2 Televisions Sony Sold @ Rs 20,000	40,000
		40,000
	Add: CGST	3,600
	Add: SGST	3,600
		47,200	40,000	3,600	3,600		47,200
20	Sohan Singh & Co., Dehradun
	3 Washing Machines Videocon @ Rs 10,000	30,000
		30,000
	Add: IGST	5,400
		35,400	30,000			5,400	35,400
			70,000	3,600	3,600	5,400	82,600

 

Dr.	Sale Return A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Feb.10	To Rama Stores, Delhi A/c		40,000
Feb.20	To Sohan Singh & Co., Dehradun A/c		30,000
				Feb.28	To Balance C/d		70,000
			70,000				70,000

 

Dr.	Input CGST A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Feb. 10	To Rama Stores, Delhi A/c		3,600
				Feb.28	By Balance C/d		3,600
			3,600				3,600

 

Dr.	Output SGST A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Feb.10	To Rama Stores, Delhi A/c		3,600
				Feb.28	By Balance C/d		3,600
			3,600				3,600

 

Dr.	Output IGST  A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Feb.20	To Sohan Singh & Co., Dehradun A/c		5,400
				Feb.28	By Balance C/d		5,400
			5,400				5,400

 

Dr.	Rama Stores., Delhi A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
				Feb.10	By Sale Return		40,000
				Feb.10	By Input CGST A/c		3,600
				Feb.10	By Input CGST A/c		3,600
Feb. 28	By Balance C/d		47,200
			47,200				47,200

 

Dr.	Sohan Singh & Co., Dehradun A/c					Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
				Feb.20	By Sale Return A/c		30,000
				Feb.20	By Input IGST A/c		5,400
Feb.28	By Balance c/d		35,400
			35,400				35,400

 

To understand more about cash book please check out following links: -

https://tutorstips.com/sales-return-book/

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Also, Check out the solved question of previous Chapters: -

• Chapter No. 5 - Accounting Equation
• Chapter No. 6 - Accounting Procedures - Rules of Debit and Credit
• Goods and Services Tax(GST)
• Chapter No. 8 - Journal
• Chapter No. 9 - Ledger
• Chapter No. 10 – Special Purpose Books I – Cash Book

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