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Question No 17 Chapter No 9
Sale Return book
17. Record the following transaction in the book of Shammi & Co,.
| 2019 | |
| Jan.2 | Received back from Krishma & Co., |
| 12 Bedsheets @ Rs 425 each supplied at 10% trade discount | |
| 2 dozen towels @ Rs 300 per dozen (no discount) | |
| 15 pillow covers 2 Rs 200 each, invoiced 10% trade discount | |
| Jan.7 | Kareena Traders returned to us |
| 3 Blankets @ Rs 1,500 each | |
| 3 dozen Hander kerchiefs 2 Rs 48 per dozen | |
| Jan.15 | Randhir enterprises sent us a Debit note for. |
| 10 dozen hand towels @ Rs 360 per dozen | |
| 16 bad sheets @ Rs 250 each |
The solution of Question No 17 Chapter No 9: -
Return Outward Book
| Date | Particular | Detail | Total |
|---|---|---|---|
| 2018 | |||
| Jan. 2 | Krishma & Co., | ||
| 12 Bedsheets @ Rs 425 each | 5,100 | ||
| Trade Discount 10% | 510 | ||
| 4,590 | |||
| 2 dozen towels @ Rs 300 per dozen | 600 | ||
| 15 Pillow covers @ Rs 20 each | 300 | ||
| Tared Discount 10% | 30 | ||
| 5,460 | 5,460 | ||
| Jan. 7 | Kareena Traders | ||
| 3 Blankets @ Rs 1,500 each | 4,500 | ||
| 3 dozen handkerchifes @ Rs 48 per dozen | 144 | ||
| 4,644 | 4,644 | ||
| Jan. 15 | Randhir Enterprises | ||
| 10 dozen hand towels @ Rs 360per dozen | 3,600 | ||
| 16 Bad sheets @ Rs 250 each | 4,000 | ||
| 7,600 | 7,600 | ||
| Total | 17,704 |
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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)
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 17 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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