Question No 24 Chapter No 9 – USHA Publication 11 Class

Question No 24 Chapter No 9

Question No 24 Chapter No 9

Purchases, Sale, Purchases Return and Sale Return book

24. Record the following transaction in the proper subsidiary books of N.K.Bros:

2018  
Aug.1 Bought of Anil Bros. wroth Rs 1,800 net after deducting 10% trade discount 
Aug.2 Sold goods worth Rs 2,000 on credit to Akhil
Aug.3 Purchased goods from Ajay worth Rs 2,000 and delivered the same to Ranjit at double the cost
Aug.8 Anil Bro. have agreed to allow Rs 50 as allowances for goods returned to them
Aug.12 Purchased furniture for office use on credit from Jitendra  Rs 1,000
Aug.15 Received debit note for Rs 100 from Akhil for goods returned by him
Aug.19 Purchased goods from an auction Rs 1,000
Aug.21 Furniture purchased from Jitendra was not according to the order and is, therefore, returned to him Rs 1,000

 

The solution of Question No 24 Chapter No 9: –

 

Purchases Book
Date Particular Detail Total
2018      
Aug. 1 Anil Bros. 2,000  
  Less- Trade discount 10% 200  
    1,800 1,800
       
Aug. 3 Ajay 2,000  
      2,000
  Total   3,800

 

Sale Book
Date Particular Detail Total
2018      
Aug. 2 Akhil 2,000  
    2,000 2,000
       
Aug. 6 Ranjit 4,000  
    4,000 4,000
  Total   4,300

 

Purchases Return Book
Date Particular Detail Total
2018      
Aug. 9 Anil Bros 50  
      50
  Total   50

 

Sale Return Book
Date Particular Detail Total
2018      
Aug.15 Akhil 100  
  Total   100

 

 

Purchase Book | Types | Examples | Subsidiary Books

 

Sales Book| Subsidiary Books | Examples

 

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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