Question No 05 Chapter No 8

Purchase Return Book

05. Write up Return Outward Book of Malthotra & Co., Bhiwani Haryana from the following transactions assuming CGST @ 6% and SGST @ 6% : –

 2018 Aug.1 4 Returned to Saraswati House, Bhiwani 25 Chairs @ 1,800 per Chair, being not of specified quality. Trade Discount 10% Aug.12 2 Sent back one Dining Table to Navneet Enterprise, Karnal Haryana for not being polished @ 10,000 and 20 Chairs @ 2,000 each Aug.20 Returned to Yadav & Co., Patiala Punjab, being not according to sample:- 20 Chairs @ 1,500 each 2 Dressing Tables @ 7,500 each. Aug.28 Allowance claimed from Navneet Enterprise, Ludhiana Punjab on account of a mistake in the invoice 5,000.

## The solution of Question No 05 Chapter No 8: –

 Purchases Return Book Date Particular Detail Cost Input CGST Input SGST InputISGT Total 2018Aug. 4 Saraswati House, Bhiwani 25 Chairs @ Rs 1,800 per Chair 40,000 Less: 10% Trade Discount 4,500 40,500 Add: 6% CGST 2,430 Add: 6% SGST 2,430 45,360 40,500 2,430 2,430 45,360 12 Navneet Enterprise, Karnal Haryana 1 Dining Table @ Rs10,000 10,000 20 Chairs @ Rs 2,000 each 40,000 50,000 Add: 6% CGST 3,000 Add: 6% SGST 3,000 56,000 50,000 3,000 3,000 56,000 20 Yadav & Co., Patiala Punjab 20 Chairs @ 1,500 each 30,000 2 Dressing Tables @ 7,500 each 15,000 45,000 Add: 12% IGST 5,400 1,80,000 45,000 5,400 50,400 28 Navneet Enterprise, Ludhiana Punjab Mistake in the Invoice 5,000 Add: 12% IGST 600 5,600 5,000 600 5,600 1,40,500 5,430 5,430 6,000 1,57,360

Purchase Return Book | Subsidiary Books | Examples

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