16. Prepare Return Inward Journal (Book) from the following transactions of M/s Bansal Electronics for July 2017: 2017 July ₹ 4 M/s Gupta Traders returned the goods 1,500 10 Goods returned from M/s Harish Traders 800 18 M/s Rahul Traders returned the goods not as per specifications 1,200 28 Goods returned from Sushil Traders 1,000 … Read more
15. Prepare a purchases return (journal) book from the following transactions for April 2017. 2017 April ₹ 5 Returned goods to M/s Kartik Traders 1,200 10 Goods returned to Sahil Pvt. Ltd. 2,500 17 Goods returned to M/s Kohinoor Traders for list price ₹2,000 less 10% trade discount. 28 Return outwards to M/s Handa Traders … Read more
14. Enter the following transactions in sales (journal) book of M/s. Bansal Electronics: 2014September 01 Sold to Amit Traders as per bill no.432120 Pocket Radio @ 70 per Radio2, T.V. set, B&W.(6”) @ 800 Per T.V. 10 Sold to Arun Electronics as per bill no.43515 T.V. sets (20”) B&W @ ₹3,000 per T.V.2 T.V. sets … Read more
13. Enter the following transactions in the Purchase Journal (Book) of M/s Gupta Traders of July 2017: 01 Bought from Rahul Traders as per invoice no.2004140 Registers @ ₹60 each80 Gel Pens @ ₹15 each50 note books @ ₹20 eachTrade discount 10%. 15 Bought from Global Stationers as per invoice no.113240 Ink Pads @ ₹8 … Read more
16. Enter the following transactions of a dealer in electrical goods in the appropriate subsidiary books: 2023 Jan. 1 Assets: Cash in hand ₹12,400; Stock ₹3,60,000; Debtors: Abhilash ₹20,000; Bhuwan ₹30,000, Charu ₹52,000; Furniture ₹2,25,000. Liabilities: Bank overdraft ₹38,000; Creditors: Dinesh ₹15,000, Eknath ₹25,000. 3 Purchased from Raghuraj & Sons: 80 electric kettles @ ₹300 … Read more
15. Following transactions were recorded in the books of Darshan Traders 2023 March 1 Sold to Chandra Light House 50 Tubelights @ ₹60 each Less: 20% 20 Heaters @ ₹120 each Less: 25% 5 Purchased from Charat Ram Electric Co.: 25 Table Fans @ ₹600 each 20 Ceiling Fans @ ₹800 each 10 Chaudhry & … Read more
14. Prepare Sales book and Purchases book of M/s Deendayal from the following transactions 2022 June 7 Purchased from Arora & Co., Nai Sarak 10 Chairs @ ₹200 each 1 Table for ₹600 Trade discount 10% June 10 Sold to Sudha Furniture Co., Agra 2 Almirahs @ ₹2,000 each Less : 15% June 12 Sold … Read more
13. Enter the following transactions in the Sales Book of M/s Sri Ram & Sons, Kolkata: 2023 Jan. 5 Sold to Ramesh Stationery House, Kolkata: 50 Dozen Pencils @ ₹20 per doz. 20 Dozen Pens @ ₹5 per Pen Trade Discount 10% 8 Sold to Gupta Stationery Shop, Kanpur 10 Dozen Note Books @ ₹60 … Read more
12. From the following particulars prepare the Purchases Book of Rama Book Store Feb 1, 2023 Purchased from M/s Brown & Co. on credit. 5 gross pencils @ ₹100 per gross. l gross registers @ ₹200 per dozen. Less: 10% trade discount. Feb. 2, 2023 Purchased for cash from Stationery Mart. 10 gross exercise books … Read more
11. Prepare the purchase book of M/s Shiv Stationers from the following: 2020 June 1 Purchased from Gagan Stationery Mart on credit (i) 70 dozens pencils @ ₹25 per dozen. (ii) 10 dozens registers @ ₹15 per register, June 10 Purchased from Amrit Furniture 2 Tables @ ₹1,500 per table. June 15 Purchased 3 dozens … Read more