Following transactions are recorded in the books of
M/s Dinesh & Sons for the year 2020. Prepare
Subsidiary Books.
2020
Mar 1 Sold to Chandra Light House, Invoice No.
2002
50 Tube lights @ ₹ 60 each
20 Heaters @ ₹120 each
Less Trade Discount 25%
Mar 5 Purchased from Charan Ram Electric Co.,
Invoice No. 2116
25 Table fans @ ₹ 600 each
20 Ceiling fans @ ₹ 800 each
Mar 10 Sold to Chaman & Sons, Invoice No. 2118
80 Dozen bulbs @ ₹ 90 per dozen
Mar 12 Purchased from Sri Ram & Sons, Invoice
No. 2119
10 Electric Lamps @ ₹ 180 each
Less Trade Discount @ 10%
Mar 16 Purchased from Lal & sons, Invoice No.
2020
One Furniture for Rs. 6000 for office use
Mar 20 Purchased from Sai & Co., Invoice No.
2021
10 Table Fans @ ₹ 500 each
Answers
Explanation:
June 05
Mohan Lal & Company, Kanpur
20 Godrej Chairs @ ₹ 2,000 each
40,000
5 Godrej Tables @ ₹ 6,000 each
30,000
70,000
Less: 20% T.D.
14,000
56,000
Add: CGST @ 6%
3,360
Add: SGST @ 6%
3,360
62,720
56,000
3,360
3,360
62,720
June 10
Bharat Bhushan & Sons, Varanasi
5 Almirahs @ ₹ 12,000 each
60,000
2 Revolving Chairs @ ₹ 20,000 each
40,000
1,00,000
Less: 10% T.D.
10,000
90,000
Add: CGST @ 6%
5,400
Add: SGST @ 6%
5,400
1,00,800
90,000
5,400
5,400
1,00,800
June 14
Surya Traders, Lucknow
80 Desks @ ₹ 2,500 each
2,00,000
10 Sofa Sets @ ₹ 20,000 each
2,00,000
4,00,000
Less: 15% T.D.
60,000
3,40,000
Add: CGST @ 6%
20,400
Add: SGST @ 6%