Question

1.     Prepare purchase book and purchase return book in the books of  Washington Stores
from the following transaction:
2021
 Mar. 1 Purchase goods of Rs 20,000 from Virat at 5 % trade discount. Bill No.100
          4  Purchase goods of Rs 40,000 from Shikhar at 5 % cash discout. Credit period 2 month.
        11  Purchase goods of Rs 5,000. Cash Memo no.58
       15   Rahul returned goods of Rs 8,000. Credit note no.2 sent
       17   50% goods returned to Virat and debit note no.1 sent.
       19   Purchased Bicycle of Rs 7000 from Bharti cycles.
       20   Purchased goods of Rs  1,80,000​

Answer 1

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