Question No 17 Chapter No 9 – USHA Publication 11 Class

Question No 17 Chapter No 9

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

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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)

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