7. Prepare Purchases and Sales Books from the following transactions of Rahul, Bengaluru:
| 2024 | |
|---|---|
| Jan. 1 | Bought from M/s. Uma Dutt, Mumbai: |
| 1,000 Registers @ ₹80 each | |
| 50 Reams Paper @ ₹250 per ream | |
| Less: Trade Discount 25% | |
| Jan. 2 | Sold to Shri Dayal, Bengaluru: |
| 250 Registers @ ₹85 each | |
| 5 Reams paper @ ₹300 per ream | |
| Jan. 8 | Bought from BILT, Delhi: |
| 100 Reams Ruled Paper @ ₹600 per ream | |
| Less: Trade Discount 15% | |
| Jan. 12 | Sold to Gupta Bros., Delhi: |
| 250 Registers @ ₹85 each | |
| 50 Reams Ruled Paper @ ₹700 per ream | |
| Less: Trade Discount 5% | |
| Jan. 18 | Sold to Ram Saran Das: |
| 20 copies Double Entry Book Keeping @ ₹85 each | |
| Jan. 25 | Bought from Hari Ram, Delhi: |
| 1,000 pens @ ₹10 each | |
| Less: Trade Discount 15% | |
| Jan. 31 | Sold to Rishi Kumar, Bengaluru: |
| 300 Registers @ ₹90 each | |
| 50 Reams Ruled Paper @ ₹700 per ream | |
| 20 Reams Paper @ ₹300 per ream | |
| Less: Trade Discount 10% |
T.S.Grewal/2024 Edition/Practical Problems/Q-07
For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.
