10. Enter the following transactions in the Sales Return Book of Raj Computers, Delhi: 2023 July 1 Sohan & Sons, Delhi returned 2 Laptops HP sold @ ₹40,000 each plus CGST and SGST @ 6% each July 2 Ramesh & Sons, Noida returned 2 ‘Ricoh’ printers sold @ ₹10,000 each plus IGST @ 12% July … Read more
9. Record the following transactions in the Purchases Return Book of Kamla Stores, Delhi for April, 2024: 2024 April 6 Returned goods to Ramesh Brothers, Delhi purchased for ₹5,000 plus CGST and SGST @ 6% each April 8 Returned goods to Sohan Brothers, Meerut purchased for ₹10,000 plus IGST@ 12% April 17 Returned goods to … Read more
8. From the following particulars, prepare Sales Book of Gupta & Co., Kolkata who deals in furniture: 2024 Jan 5 Sold on credit to Hari & Co., Kolkata: 10 Tables @ ₹1,100 each 20 Chairs @ ₹1,000 each Charged CGST and SGST @ 6% each Jan 10 Sold to M/s. Sharma & Co,, Delhi on … Read more
7. From the following transactions of Kamal, Guwahati, prepare Purchases Book and post into Ledger: 2024 April 1 Purchased from Videocon India Ltd., Kolkata: 30 Colour T.Vs @ ₹15,000 each, less Trade Discount @ 10% plus IGST @ 12%. April 15 Purchased from Sony India Ltd., Guwahati: 10 Colour T.Vs @ ₹20,000 each less Trade … Read more
6. Record the following transactions of Sumant. Kochi in a Two-column Cash Book and balance the book on 31st January, 2024: Date Particulars ₹ Date Particulars ₹ 2024 2024 Jan. 1 Cash Balance 1,000 Jan. 16 Bought goods, including IGST @ 12% 6,720 Jan. 1 Bank Balance 14,500 Jan. 19 Issued cheque to Shyam 3,700 … Read more
5. Pass Journal entries in the books of Puneet, Delhi for the following: Received an order from Karan & Co. for supply of goods of ₹50,000. Received an order from AK & Co. for goods of ₹1,00,000 along with a cheque for ₹25,000 Paid to staff ₹40,000 against outstanding salaries of ₹60,000. Sold goods to … Read more
14. A Petty Cashier in a firm received ₹15,000 as the petty cash imprest on 4th June, 2023. During the week, his expenses were as follows: 2023 ₹ June 04 Conveyance charges for Manager’s trip to the city 500 June 04 Wages to casual labourers 1500 June 05 Bus fare to workmen sent to customer’s … Read more
13. Rajan maintains a Columnar Petty Cash Book on the Imprest System. The imprest amount is ₹5,000. From the following information, show how his Petty Cash Book would appear for the week ended 12th September, 2023: 2023 ₹ Sept. 07 Balance in Hand 1,349 Received cash reimbursement to make up the imprest Postage 123 Stationery … Read more
12. From the following information, prepare an Analytical Petty Cash Book: 2024 ₹ April 01 Received for cash payment 20,000 April 02 Paid for postage 1,600 April 05 Paid for stationery 1,000 April 12 Paid for wages 800 April 16 Paid for carriage 600 April 20 Paid for conveyance 880 April 25 Paid for traveling … Read more
11. Enter the following transactions in Two-column Cash Book of Gurman, Delhi: 2024 ₹ April 01 Opening Balance of Cash in Hand 1,00,000 Opening Balance of Bank Overdraft 5,00,000 April 02 Sold goods 3,48,000 April 03 Sold goods against cheque and paid into bank the same day 3,36,000 April 05 Sold goods to Reema, payment … Read more