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Question No 18 Chapter No 9
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18. Record the following transaction in Sale Return Book of Royal stationers, Haryana and post them into Ledger ( all sale the sale were made locally at 6% CGST and SGST
| 2019 | |
| Mar.1 | Rattan stores, Amritasr9Punjab) returned |
| 200 paper weights @ Rs 30 each | |
| 50 Staplers @ Rs 200 each | |
| (Original invoice 10% Tarde discount) | |
| Mar.8 | Ahuja stores, Chandigarh returned |
| 900 pencil boxes @ Rs 40 per box | |
| 50 paper rims @ Rs 200 each | |
| (Original invoice 10% Tarde discount) | |
| Mar.24 | Arora Stationery, Panchkula ( Haryana) returned ( credit note no. 503) |
| 400 Registers @ Rs 60 each | |
| 500 pen boxes @ Rs 40 each | |
| (Original invoice 15% Tarde discount) |
The solution of Question No 18 Chapter No 9: –
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| Sale Return Book | |||||||
| Date | Particular | Detail | Cost | Output CGST | Output SGST | Output ISGT | Total |
| 2018 | |||||||
| Mar. 1 | Rattan stores, Amritsar | ||||||
| 200 ap er weights @ Rs 30 each | 6,000 | ||||||
| 50 staplers @ Rs 200 each | 10,000 | ||||||
| 16,000 | |||||||
| Less: Trade Discount @ 10% | 1,600 | ||||||
| 14,400 | |||||||
| Add: CGST | 864 | ||||||
| Add: SGST | 864 | ||||||
| 16,128 | 14,400 | 864 | 864 | 16,128 | |||
| Mar. 8 | Ahuja Stores, Chandigarh | ||||||
| 900 Pencils boxes @ Rs 40 per box | 36,000 | ||||||
| 50 paper rims @ Rs 200 each | 10,000 | ||||||
| 46,000 | |||||||
| Less: Trade Discount @10% | 4,600 | ||||||
| 41,400 | |||||||
| Add: CGST | 2,484 | ||||||
| Add: CGST | 2,484 | ||||||
| 46,368 | 41,400 | 2,484 | 2,484 | 46,368 | |||
| Mar.24 | Arora Stationers, Panchkula | ||||||
| 400 Registers @ Rs 60 each | 24,000 | ||||||
| 500 Pen boxes @ Rs 40 each | 20,000 | ||||||
| 44,000 | |||||||
| Less: Trade Discount @15% | 6,600 | ||||||
| 37,400 | |||||||
| Add: CGST | 2,244 | ||||||
| Add: SGST | 2,244 | ||||||
| 41,888 | 37,400 | 2,244 | 2,244 | 41,888 | |||
| Total | 93,200 | 5,592 | 5,592 | 10,4,384 | |||
| Dr. | Rattan Stores A/c | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
| 2019 | 2019 | ||||||
| Mar. 1 | By Return Inwards | 11,400 | |||||
| – | – | ||||||
| Dr. | Ahuja Stores A/c | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
| 2019 | 2019 | ||||||
| Mar. 8 | By Return Inwards | 41,400 | |||||
| – | – | ||||||
| Dr. | Arora Stationers A/c | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
| 2019 | 2019 | ||||||
| Mar. 24 | By Return Inwards | 27,400 | |||||
| – | – | ||||||
| Dr. | Return Inwards A/c | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
| 2019 | 2019 | ||||||
| Mar. 31 | To sundries | 83,760 | |||||
| – | – | ||||||
| Dr. | Output CGST A/c | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
| 2019 | 2019 | ||||||
| Mar. 31 | To sundries | 5,592 | |||||
| – | – | ||||||
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| Dr. | Output SGST A/c | Cr. | |||||
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
| 2019 | 2019 | ||||||
| Mar. 31 | To sundries | 5,592 | |||||
| – | – | ||||||
Sales Return Book | Subsidiary Books | Examples
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
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Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
Chapter No. 9 – Other Subsidiary Books
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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
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Chapter No. 16 – Rectification of Errors
Chapter No. 17 – Financial Statements – (Without Adjustments)
Chapter No. 18 – Financial Statements – (With Adjustments)