Question No 11 Chapter No 8

11. Enter the following transactions in the Sales Book of M/s Sri Ram & Sons, Kolkata:−

 2018 Jan.5 Sold to Ramesh Stationery House, Kolkata:− 50 Dozen Pencils @ 20 per doz 20 Dozen Pens @ 5 per Pen Trade Discount 10% Jan.8 Sold to Gupta Stationery Shop, Kanpur:− 10 Dozen Note Books @ 60 per doz 15 Gross Rubbers @ 10 per doz. Jan.20 Sold old newspapers for 150 Jan.24 Sold to Modern Stationery House, Lucknow for Cash:− 25 Dozen Pencils @ 22 per doz. Jan.28 Sold to Ali Mohammad & Sons, Allahabad:− 10 Reams of Paper @ 80 per Ream Discount 15% Jan.31 Sold old furniture to Kedar Nath & Co., Allahabad on credit 2,200

## The solution of Question No 11 Chapter No 8: –

 sale Book Date Particular Detail Total 2018Jan. 5 Ramesh Stationery House, Kolkata 50 Dozen Pencils @ Rs 20 per dozen 1,000 240 Pens @ Rs 5 per pen 1,200 2,200 Less: 10% Trade Discount 220 1,980 1,980 8 Gupta Stationery Shop, Kanpur 10 Dozen Notebooks @ Rs 60 per dozen 600 15 Gross* Rubbers @ Rs 10 per dozen 1,800 2,400 2,400 28 Ali Mohammad & Sons, Allahabad 10 Reams of Paper @ Rs 80 per Ream 800 Less: 15% Trade Discount 120 680 680 5,060

Note: Sales book records only the credit sale of goods, so transaction dated Jan 20 being the sale of newspapers, Jan. 24 being cash sales and June 31 being credit sale of a fixed asset will not be recorded

Working Note:-

*1 Gross = 12 Dozen
15 Gross = 12 × 15 = 180 Dozen

Purchase Return Book | Subsidiary Books | Examples

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