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11th | Special Purpose Books II- Other Books | Question No. 11 and 12 | Ts Grewal Solution 2022-2023

Question 11:


Enter the following transactions in the Sales Return Book of Raj Computers, Delhi:

2022

 

July 1

Sohan & Sons returned 2 Laptops HP sold @ ` 40,000 each

July 2

Ramesh & Sons, Noida returned 2 'Ricoh' printers sold @ ` 10,000 each

July 25

Dinesh, Chandigarh returned 10 HP Desktops sold @ ` 20,000

July 26

Computer Mouse returned by Ravi, Delhi sold to him for cash ` 2,000

 

Write up the Ledger Accounts.

Answer:


 

Sales Return Book of Raj Computers, Delhi

 

Date

Particulars

Credit Note No

L.F.

Details

(`)

 (`)

 

2022

 

 

 

 

 

 

July 01

Sohan & Sons, Delhi

 

 

 

 

 

 

2 Laptops HP sold @ ` 40,000 each

 

 

80,000

80,000

 

 

 

 

 

 

 

 

July 02

Ramesh  & Sons, Noida

 

 

 

 

 

 

2 Ricoh Printers sold @ ` 10,000 each

 

 

20,000

20,000

 

July 25

Dinesh, Chandigarh

 

 

 

 

 

 

10 HP Desktop sold @ ` 20,000 each

 

 

2,00,000

2,00,000

 

 

 

 

 

 

 

July 31

 Sales Return A/c

 

 

 

 

3,00,000

 

 

 

 

 

 

 

 

 

Sales Return A/c

Dr.

Cr.

Date

Particulars

J.F.

 (`)

Date

Particulars

J.F.

 (`)

2022

 

 

 

 

 

 

 

July 1

To Sohan & Sons, Delhi A/c

 

80,000

 2022

July 31

 By balance C/d

 

3,00,000

July 2

To Ramesh  & Sons, Noida A/c

 

20,000

 

 

 

 

July 25

To Dinesh, Chandigarh A/c

 

2,00,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3,00,000

 

 

 

3,00,000

Question 12:


Prepare Returns Inward and Return Outward Books of Manoj, Mumbai from the following transactions and post them into Ledger Accounts:

2022

 

March 1

Mathur Bros., New Delhi, returned:

 

5 pairs of Shoes for being defective @ ` 2,000 per pair

 

Less: Trade Discount 10%

March 5

Returned to Kanpur Leather Private Ltd., Kanpur:

 

100 pairs of Chappals being not up to the approved sample. They were purchased @ ` 300 per pair

 

Less: Trade Discount 15%

March 12

Baluja Shoes Co., Mumbai, returned 12 pairs of ladies chappals sold to them @ ` 4,000 per pair

 

Less: Trade Discount 10%

March 20

Returned to Bata Shoes Pvt Ltd., Mumbai: 

 

100 pairs B.S.C Canvas Shoes @ ` 500 per pair

 

Less: Trade Discount 15%

Answer:


Returns Inward Book

Date

Particulars

Credit Note No

L.F.

Details

(`)

 (`)

2022

 

 

 

 

 

March 01

Mathur Bros., New Delhi

 

 

 

 

 

5 pairs of Shoes @ ` 2,000 per pair

 

 

10,000

 

 

Less: 10% Trade Discount

 

 

(1,000)

 

 

 

 

 

9,000

9,000 

 

 

 

 

 

 

March 12

Baluja Shoes Co., Delhi

 

 

 

 

 

12 pairs of Ladies Chappals @ ` 4,000 per pair

 

 

48,000

 

 

Less: 10% Trade Discount

 

 

(4,800)

 

 

 

 

 

43,200

43,200 

March 31

 Returns Inward Book A/c

 

 

 

52,200

 

 

 

 

 

 

 

 

Returns Outward Book

Date

Particulars

Debit Note No

L.F.

Details

(`)

Cost

(`)

2022

 

 

 

 

 

March 05

Kanpur Leather Private Ltd., Kanpur

 

 

 

 

 

100 pairs of Chappals @ ` 300 per pair

 

 

30,000

 

 

Less: 15% Trade Discount

 

 

(4,500)

 

 

 

 

 

25,500

25,500

 

 

 

 

 

 

March 20

Bata Shoes Pvt. Ltd., Mumbai

 

 

 

 

 

100 pairs B.S.C Canvas Shoes @ ` 500 per pair

 

 

50,000

 

 

Less: 15% Trade Discount

 

 

(7,500)

 

 

 

 

 

42,500

42,500 

March 31 

Return Outward A/c

Cr.

 

 

 

68,000

 

 

 

 

 

 

 

 

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