Question No 20 Chapter No 9 – USHA Publication 11 Class

Question No 20 Chapter No 9

Question No 20 Chapter No 9

Purchases Return and Sale Return Book

20 prepare Return Inward and return Outward Books from the following transaction of Jasbir Associates, Kolkata:

2019  
Mar.3 Returned to Bata shoes Co., Gurdaspur
  50 pairs of Chappals @ Rs 42 per pair
  less- Tarde discount @ 20%
Mar.10 Guru Nanak & Co., Delhi return to us
  10 pairs of shoes @ Rs 120 per pair
  less- Trade discount @ 10%
Mar.15 Returned to Baluja & Co., Panipat
  20 pairs of ladies sandals @ Rs 36 per pair
  less – Tarde discount  @15%
Mar.22 Partap Footwear Co., Lucknow, return to us
  50 pairs of shoes @ Rs 150 per pair
  less – Trade discount@5%
Mar.27 Manohar shoes Co., Ludhiana return to us
  20 pares of Chappals @ Rs 85 per pair
Mar.31 Returned to Liberty Footwear Co., Dehradun
  Shoes wroth 1,200

 

The solution of Question No 20 Chapter No 9: –

 

Purchases Return Book
Date Particular Detail Total
2018      
Mar. 3 Bata Shoe & Co., Gurdaspur    
  50 pairs of Chappals @ Rs 42 per pair 2,100  
  Trade Discount 20% 420  
    1,680 1,680
       
Mar. 10 Baluja & Co., Panipat    
  20 pairs of ladders sandles @ Rs 36 per pair 720  
  Trade discount 15% 108  
    612 612
Mar. 31 Liberty Footwear Co., Dehradun    
  Shoes worth Rs 1,200 1,200  
    1,200 1,200
  Total   3,492

 

Sale Return Book
Date Particular Detail Total
2018      
Mar. 10 Guru Nanak & Co., Delhi    
  10 pairs of shoes @ Rs 120 per pair 1,200  
  Trade Discount 10% 120  
    1,080 1,080
       
Mar. 22 Partap Footwear Co., Lucknow    
  50 pairs of shoes@ Rs 150 per pair 7,500  
  Trade discount 5% 375  
    7,125 7,125
Mar. 27 Manohar Shoes Co., Ludhiana    
  20 pairs of Chappals @ Rs 85 per pair 1,700  
    1,700 1,700
  Total   9,905

 

Purchase Return Book | Subsidiary Books | Examples

 

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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