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Question No 15 Chapter No 9
15. Record the following transactions in the Returns outward Book of Ahuja Traders, Maharashtra and post the same into the ledger ( all purchases were made at 6% CGST and GST )
| 2018 | |
| Nov.8 | Return to Broadways Co., Mumbai |
| 10 shits @ Rs 500 each | |
| 5 baby frocks @ Rs 100 each | |
| Size not according to order | |
| (original invoice subject to 10% Tared discount ) | |
| Nov.15 | Returned to Liberty Traders, Mumbai |
| 5 shirts @ SR 400 each | |
| 2 dozen socks @ Rs 500 per dozen | |
| Colour not as ordered(Original Invoice subject to 20% trade discount) | |
| Nov.20 | Returned to Wings Garment Co., Nagpur |
| 10 trousers @ Rs 800 each, Poor quality | |
| (Original invoice subject to 10% trade discount) | |
| Nov.28 | Returned to Novelty Stores, Nagpur |
| 20 Terrilyn Shirts @ Rs 600 each | |
| 2 Woollen suits @ Rs 1,000 each | |
| received in excess of the quantity ordered | |
| (Original invoice subject to 30% Trade discount ) |
| Date | Particular | Detail | Cost |
Input CGST | Input SGST | Input ISGT |
Total |
|---|---|---|---|---|---|---|---|
| 2018 | |||||||
| Nov. 8 | Broadways Co., Mumbai | ||||||
| 10 shirts @ Rs 500 each | 5,000 | ||||||
| 5 baby frocks @ Rs 100 each | 500 | ||||||
| 5,500 | |||||||
| Less: Trade Discount @ 10% | 550 | ||||||
| 4,950 | |||||||
| Add: CGST | 297 | ||||||
| Add: SGST | 297 | ||||||
| 5,544 | 4,950 | 297 | 297 | 5,544 | |||
| Nov. 15 | Liberty Traders, Mumbai | ||||||
| 5 Shirts @ Rs 400 each | 2,000 | ||||||
| 2 dozen socks @ RS 500 per dozen | 1,000 | ||||||
| 3,000 | |||||||
| Less: Trade Discount @20% | 600 | ||||||
| 2,400 | |||||||
| Add: CGST | 144 | ||||||
| Add: CGST | 144 | ||||||
| 2,688 | 2,400 | 144 | 144 | 2,688 | |||
| Nov.20 | Wings Garment Co., Nagpur | ||||||
| 10 trousers @ Rs 800 each | 8,000 | ||||||
| 8,000 | |||||||
| Less: Trade Discount @10% | 800 | ||||||
| 7,200 | |||||||
| Add: CGST | 432 | ||||||
| Add: SGST | 432 | ||||||
| 8,064 | 7,200 | 432 | 432 | 8,064 | |||
| Nov. 27 | Novelty stories, Nagpur | ||||||
| 20 tersely Shirts @ Rs 600 each | 12,000 | ||||||
| 2 woolen Suits @ RS 1,000 each | 2,000 | ||||||
| 14,000 | |||||||
| Less: Trade Discount @30% | 4,200 | ||||||
| 9,800 | |||||||
| Add: CGST | 588 | ||||||
| Add: SGST | 588 | ||||||
| 10,976 | 9,800 | 588 | 588 | 10,976 | |||
| Total | 24,350 | 1,461 | 1,461 | 27,272 | |||
| Dr. | Broadways, Mumbai A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2019 | 2019 | ||||||
| Nov. 8 | To Return outwards | 4,950 | |||||
| - | - | ||||||
| Dr. | Victor & Co., A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2019 | 2019 | ||||||
| Nov.15 | To Return outwards | 2,400 | |||||
| - | - | ||||||
| Dr. | Surjeet & Co., A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2019 | 2019 | ||||||
| Nov.20 | To Return outwards | 9,800 | |||||
| - | - | ||||||
| Dr. | Return Outwards A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2019 | 2019 | ||||||
| Nov. 30 | By sundries | 24,350 | |||||
| - | - | ||||||
| Dr. | Output CGST A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2019 | 2019 | ||||||
| Nov. 30 | By sundries | 1,461 | |||||
| - | - | ||||||
| Dr. | Output SGST A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2019 | 2019 | ||||||
| Nov. 30 | By sundries | 1,461 | |||||
| - | - | ||||||
https://tutorstips.com/purchase-return-book/
Also, Check out the solved question of all Chapters: –
Chapter No. 2 - Theory Base of Accounting
Chapter No. 3 - Origin of Transactions
Chapter No. 4 - Vouchers and transactions
Chapter No. 6 - Accounting for Goods and Services Tax(GST)
Chapter No. 9 - Other Subsidiary Books
Chapter No. 10 - Journal Proper
Chapter No. 11 - Trial Balance
Chapter No. 12 - Bank Reconciliation Statement
Chapter No. 14 - Provisions and Reserves
Chapter No. 15 - Bills of Exchange
Chapter No. 16 - Rectification of Errors
Chapter No. 17 - Financial Statements - (Without Adjustments)
Chapter No. 18 - Financial Statements - (With Adjustments)
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.
This guide covers "Question No 15 Chapter No 9 - USHA Publication 11 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to USHA Publication +1 Elements of Book-Keeping.
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