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Question No 17 Chapter No 9 – USHA Publication 11 Class

Question No 17 Chapter No 9
Q-17 - CH-9 - USHA +1 Book 2020 - Solution

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Question No 17 Chapter No 9

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Sale Return book

17. Record the following transaction in the book of Shammi & Co,.

2019 
Jan.2Received 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.7Kareena Traders returned to us
 3 Blankets @ Rs 1,500 each
 3 dozen Hander kerchiefs 2 Rs 48 per dozen
Jan.15Randhir enterprises sent us a Debit note for.
 10 dozen hand towels @ Rs 360 per dozen
 16 bad sheets @ Rs 250 each

 

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The solution of Question No 17 Chapter No 9: –

 

Return Outward Book
DateParticularDetailTotal
2018   
Jan. 2Krishma & Co.,  
 12 Bedsheets @ Rs 425 each5,100 
 Trade Discount 10%510 
  4,590 
 2 dozen towels @ Rs 300 per dozen600 
 15 Pillow covers @ Rs 20 each300 
 Tared Discount 10%30 
  5,4605,460
    
Jan. 7Kareena Traders  
 3 Blankets @ Rs 1,500 each4,500 
 3 dozen handkerchifes @ Rs 48 per dozen144 
  4,6444,644
Jan. 15Randhir Enterprises  
 10 dozen hand towels @ Rs 360per dozen3,600 
 16 Bad sheets @ Rs 250 each4,000 
  7,6007,600
 Total 17,704

 

Sales Return Book | Subsidiary Books | Examples

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

 

Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

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Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

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Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

Chapter No. 15 – Bills of Exchange

Chapter No. 16 – Rectification of Errors 

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Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)

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