Question No 19 Chapter No 9 – USHA Publication 11 Class

Question No 19 Chapter No 9

Question No 19 Chapter No 9

19. Record the following transaction in the Sale Return book of Shammi & Co.,

2019  
Apr.1 Rishi & Co. returned (credit Note no. 501)
  12 Bad Sheets @ Rs 500 each
  20 dozen Towels @ Rs 300 per dozen
  ( Original Invoice at 10% Trade discount, 9 % CGST and SGST)
Apr.10 Ranbir Traders returned ( credit note no 502)
  6 Blankets @ Rs 1,500 each
  11 dozen Pillow Covers @ Rs 500 per dozen
  ( Original Invoice at 10% Trade discount, 18% IGST)
Apr.14 Randhir Enterprises return ( credit note no.503)
  10 dozen hand Towels @ Rs 50 per towels
  16 Bedsheets @ Rs 400 each
  ( Original Invoice at 20% Trade discount, 9% CGST and SGST)

 

The solution of Question No 19 Chapter No 9: –

 

Sale Return Book
Date Particular Detail Cost
Output CGST Output SGST  Output
ISGT
 
Total
2018

             
Apr. 1 Rishi & Co.,            
  12 Bed Sheets @ Rs 500 each 6,000          
  20 dozen towels @ Rs 300 per dozen 6,000          
    12,000          
  Less: Trade Discount @ 10% 1,200          
    10,800          
  Add: CGST 972          
  Add: SGST 972          
    12,744 10,800 972 972   12,744
               
Apr. 10 Ranbir Traders            
  6 Blankets @ Rs 1,500 each 9,000          
  11 dozen pillow covers @ Rs 500 per dozen 5,500          
    14,500          
  Less: Trade Discount @10% 1,450          
    13,050          
  Add: IGST 2,349          
    15,399 13,050     2,349 15,399
               
Apr.14 Randhir Enterprises            
  10 dozen Hand Towels @ Rs 50 per towels 6,000          
  16 Bed Sheets @ Rs 400 each 6,400          
    12,400          
  Less: Trade Discount @15% 1,860          
    10,540          
  Add: CGST 949          
  Add: SGST 949          
    41,888 10,540 949 949   12,438
  Total   34,390 1,921 1,921 2,349 40,581

 

 

Sales Return Book | Subsidiary Books | Examples

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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