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.

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