Question No 13 Chapter No 11 - T.S. Grewal 11 Class

Question No 13 Chapter No 11

Returns Inward and Returns Outward Books

13. Prepare Return Inward and Return Outward Books of Manoj, Mumbai from the following transactions:

2018
Mar.1	Mathur Bros., New Delhi, returned:
	5 Pairs of Shoes for bring defective @ Rs 2,000 per pair
	Less: Trade Discount 10% , IGST was charged @ 18%
Mar.5	Return to Kanpur Leather Private Lid., Kanpur
	100 pairs of Chappals being not up to approved Sample. They were purchased @ Rs 300 per pair
	Less: Trade Discount @15%
	IGST was paid @ 18%
Mar.12	Baluja Shoes Co., Mumbai, returned 12 pairs of ladies chappals sold to them @ Rs4,000 per pair
	Less: Trade Discount 10% , CGST and SGST was charged @ 9% each
Mar.20	Returned to B.S.C Canvas Shoes @Rs 500 per pair
	Less: Trade Discount 15%
	CGST and SGST was paid @ 9% each

In the Books of Manoj, Mumbai

	Purchases Return Book
Date	Particular	Detail	Cost	Input CGST	Input SGST	Input ISGT	Total
2018 Mar.
5	Kanpur Leather Private Ltd., Kanpur :
	100 pairs of Chappals @ Rs 300	30,000
		30,000
	Less: Trade Discount 15%	4,500
		25,500
	Add: IGST	4,590
		30,090	25,500			4,590	30,090
20	Bata Shoes Pvt. Ltd., Mumbai:
	100 pair B.S.C. Canvas Shoes @ Rs 500 per pair	50,000
		50,000
	Less: Trade Discount @ 10%	7,500
		42,500
	Add: CGST	3,825
	Add: SGST	3,825
		50,150	42,500	3,825	3,825		50,150
			68,000	3,825	3,825	4,590	80,240

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	Sale Return Book
Date	Particular	Detail	Cost	Output CGST	Output SGST	Output ISGT	Total
2018 Mar.
1	Mathur Bros., New Delhi, Returned :
	5 pairs of Shoes @ Rs 2,0000 per pair	10,000
		10,000
	Less: Trade Discount 10%	1,000
		9,000
	Add: IGST	1,620
		10,620	9,000			1,620	10,620
12	Baluja Shoes Co., Mumbai
	12 pairs of ladies chappals @ Rs 4,000	48,000
		48,000
	Less: Trade Discount @ 10%	4,800
		43,200
	Add: CGST	3,888
	Add: SGST	3,888
		50,976	43,200	3,888	3,888		50,976
			52,200	3,888	3,888	1,620	61,596

Dr.	Purchases Return A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
				Mar.5	By Kanpur Leather Private Ltd., Kanpur A/c		25,500
				Mar.20	By Bata Shoes Pvt. Ltd ., Mumbai A/c		42,500
Mar.31	To Balance C/d		68,000
			68,000				68,000

Dr.	Input CGST A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
				Mar.10	By Bata Shoes Pvt. Ltd ., Mumbai A/c		3,825
Mar.31	To Balance C/d		3,825
			3,825				3,825

Dr.	Input SGST A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
				Mar.10	By Bata Shoes Pvt. Ltd ., Mumbai A/c		3,825
Mar.31	To Balance C/d		3,825
			3,825				3,825

Dr.	Input IGST A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
				Mar.5	By Kanpur Leather Private Ltd., Kanpur A/c		4,590
Mar.31	By Balance C/d		4,590
			4,590				4,590

Dr.	Kanpur Leather Private Ltd., Kanpur A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Mar.5	To Purchases Return A/c		25,500
Mar.5	To Output IGST A/c		4,590
				Mar. 31	By Balance C/d		30,090
			30,090				30,090

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Baluja Shoes Co., Mumbai A/c

To understand more about cash book please check out following links: –

Sales Return Book | Subsidiary Books | Examples

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Also, Check out the solved question of previous Chapters: –

T.S. Grewal’s Double Entry Book Keeping

Question No 13 Chapter No 11 – T.S. Grewal 11 Class