Question No 16 Chapter No 9 – USHA Publication 11 Class

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 )

 

The solution of Question No 16 Chapter No 9: –

 

Date	Particular	Detail	Cost	Input CGST	Input SGST	Input ISGT	Total
2018
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

 

Dr.	Hemant & Co., Agra A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2019				2019
Feb. 1	To Return outwards		11,400
			–				–

 

Dr.	Anwar Hussain and Bros., A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2019				2019
Feb. 10	To Return outwards		17,820
			–				–

 

Dr.	Mehboob & Associates, Kanpur A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2019				2019
Feb. 18	To Return outwards		9,540
			–				–

 

Dr.	Razia & Sisters, Hyderabad A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2019				2019
Feb. 25	To Return outwards		45,000
			–				–

 

Dr.	Return Outwards A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2019				2019
				Feb. 28	By sundries		83,760
			–				–

 

Dr.	Output CGST A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2019				2019
				Feb. 28	By sundries		1,256
			–				–

 

Dr.	Output SGST A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2019				2019
				Feb. 28	By sundries		1,256
			–				–

 

Dr.	Output IGST A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2019				2019
				Feb. 28	By sundries		7,528
			–				–

 

 

Purchase Return Book | Subsidiary Books | Examples

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

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Vouchers and transactions

Chapter No. 4 – Journal

Chapter No. 5 – Ledger

Chapter No. 6 – Cash Book

Chapter No. 7 – Other Subsidiary Books

Chapter No. 8 – Journal Proper

Chapter No. 9 – Trial Balance 

Chapter No. 10 – Bank Reconciliation Statement

Chapter No. 11 – Depreciation

Chapter No. 12 – Provisions and Reserves 

Chapter No. 13 – Bills of Exchange

Chapter No. 14 – Rectification of Errors 

Chapter No. 15 – Financial Statements – (Without Adjustments)

Chapter No. 16 – Financial Statements – (With Adjustments)