
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. 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)