Question No 17 Chapter No 9
Sale Return book
17. Record the following transaction in the book of Shammi & Co,.
| 2019 | |
| Jan.2 | Received back from Krishma & Co., |
| 12 Bedsheets @ Rs 425 each supplied at 10% trade discount | |
| 2 dozen towels @ Rs 300 per dozen (no discount) | |
| 15 pillow covers 2 Rs 200 each, invoiced 10% trade discount | |
| Jan.7 | Kareena Traders returned to us |
| 3 Blankets @ Rs 1,500 each | |
| 3 dozen Hander kerchiefs 2 Rs 48 per dozen | |
| Jan.15 | Randhir enterprises sent us a Debit note for. |
| 10 dozen hand towels @ Rs 360 per dozen | |
| 16 bad sheets @ Rs 250 each |
The solution of Question No 17 Chapter No 9: –
| Return Outward Book |
|||
| Date | Particular | Detail | Total |
| 2018 | |||
| Jan. 2 | Krishma & Co., | ||
| 12 Bedsheets @ Rs 425 each | 5,100 | ||
| Trade Discount 10% | 510 | ||
| 4,590 | |||
| 2 dozen towels @ Rs 300 per dozen | 600 | ||
| 15 Pillow covers @ Rs 20 each | 300 | ||
| Tared Discount 10% | 30 | ||
| 5,460 | 5,460 | ||
| Jan. 7 | Kareena Traders | ||
| 3 Blankets @ Rs 1,500 each | 4,500 | ||
| 3 dozen handkerchifes @ Rs 48 per dozen | 144 | ||
| 4,644 | 4,644 | ||
| Jan. 15 | Randhir Enterprises | ||
| 10 dozen hand towels @ Rs 360per dozen | 3,600 | ||
| 16 Bad sheets @ Rs 250 each | 4,000 | ||
| 7,600 | 7,600 | ||
| Total | 17,704 | ||
Sales Return Book | Subsidiary Books | Examples
Thanks, Please Like and share with your friends
Comment if you have any question.
Advertisement-X
Also, Check out the solved question of all Chapters: –
Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Origin of Transactions
Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
Advertisement-X
Chapter No. 9 – Other Subsidiary Books
Chapter No. 10 – Journal Proper
Chapter No. 11 – Trial Balance
Chapter No. 12 – Bank Reconciliation Statement
Chapter No. 14 – Provisions and Reserves
Chapter No. 15 – Bills of Exchange
Chapter No. 16 – Rectification of Errors
Chapter No. 17 – Financial Statements – (Without Adjustments)
Chapter No. 18 – Financial Statements – (With Adjustments)
Advertisement-X