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Question No 16 Chapter No 9
16. Enter the following transaction of Baljit Kaur of Uttar Pradesh in the purchases Return Book and post them into ledger account.
| 2019 | |
| Feb.2 | Return to Hemant & Co., Agra |
| 150 markers @ Rs 40 per piece | |
| 80 gum bottles @ Rs 75 per bottle | |
| ( Original invoice at Trade discount5%, CGST and SGST 6%) | |
| Feb.11 | Return to Anwar Hussain & Bros., Kanpur |
| 90 pen stands @ Rs 120 each | |
| 750 file cover @ Rs 12 each | |
| ( Original invoice at Trade discount 10% and 12% IGST) | |
| Feb.18 | Returned to Mehboob & Associates, New Delhi |
| 120 boxes gel pens @ RSs80 per box | |
| 80 boxes of HB pencils @ Rs 20 | |
| (Original invoice at Tarde discount 10% CGST and SGST 6%) | |
| Feb.27 | Returned to Razia & Sisters, Hyderabad |
| 200 paper rims @ RS 170 per rim | |
| 160 boxes clip pins @ RS 10 per box | |
| ( Original invoice Trade discount 10%, 12% IGST ) |
Purchase Return Book
| Date | Particular | Detail | Cost |
Input CGST | Input SGST | Input ISGT |
Total |
|---|---|---|---|---|---|---|---|
| 2019 |
|||||||
| Feb. 1 | Hemant & Co., Agra | ||||||
| 150 Markers @ Rs 40 per piece | 6,000 | ||||||
| 80 gum bottles @ Rs 75 per bottles | 6,000 | ||||||
| 12,000 | |||||||
| Less: Trade Discount @ 5% | 600 | ||||||
| 11,400 | |||||||
| Add: CGST | 684 | ||||||
| Add: SGST | 684 | ||||||
| 12,768 | 11,400 | 684 | 684 | 12,768 | |||
| Feb. 10 | Anwar Hussain & Bros., Kanpur | ||||||
| 90 pen stands @ Rs 120 each | 10,800 | ||||||
| 750 file covers @ Rs 12 each | 9,000 | ||||||
| 19,800 | |||||||
| Less: Trade Discount @10% | 1,980 | ||||||
| 17,820 | |||||||
| Add: IGST | 2,128 | ||||||
| 19,948 | 17,820 | 2,128 | 19,948 | ||||
| Feb. 18 | Mehboob and Associates, New Delhi | ||||||
| 120 boxes gel pen @ Rs 75 each | 9,000 | ||||||
| 80 boxes of HB pencils @ Rs 20 each | 1,600 | ||||||
| 10,600 | |||||||
| Less: Trade Discount @10% | 1,060 | ||||||
| 9,540 | |||||||
| Add: CGST | 572 | ||||||
| Add: SGST | 572 | ||||||
| 10,684 | 9,540 | 572 | 572 | 10,684 | |||
| Feb. 25 | Razia & Sister, Hyderabad | ||||||
| 200 paper rims @ Rs 175 per rim | 35,000 | ||||||
| 1,500 boxes Clip pins @ Rs 10 per box | 15,000 | ||||||
| 50,000 | |||||||
| Less: Trade Discount @10% | 5,000 | ||||||
| 45,000 | |||||||
| Add: IGST | 5,400 | ||||||
| 10,976 | 45,000 | 5,400 | 50,400 | ||||
| Total | 83,760 | 1,256 | 1,256 | 7,528 | 93,800 |
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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 16 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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