Question

From the following information prepare the Purchase Book and Sales Book of Verma Bros.

2019

April 1 Purchased from M/s Birla Mills. Pushp Vihar, Delhi (Invoice No.605)

150 pieces long cloth @Rs.70 each

50 pieces shriting @ Rs.100 each.

Trade Discount :- 15%.

CGST and SGST @10%

April 12 Purchased from M/s Sudharshan, Bombay Office Furniture worth Rs. 20,000.

April 18 Sold to M/s Ambika Mills, Delhi (Invoice No. 2301)

20 pieces coating @ Rs.1000 each

10 pieces shirting @Rs. 900 each

Trade Discount 20%.

CGST and SGST @10% Each

April 20 Purchased from M/s Bharat Mills ltd. (Invoice No. 640)

50 pieces muslin @ 120 each

30 pieces trousers @ Rs. 850 each.

CGST and SGST @10% Each

April 27 Sold to Radhey Shyam Ltd. Delhi

100 pieces long cloth @Rs.80 each

Trade discount 15%

CGST and SGST @10% each

April 30 Purchased from M/s Raj Mills ltd. (Invoice No. 1040)

250 pieces muslin @ 220 each

150 pieces trousers @ Rs. 650 each.

CGST and SGST @10% each

April 30 Sold to M/s Ambika Mills, Delhi (Invoice No. 2301)

120pieces coating @ Rs.1200 each

100 pieces shirting @Rs. 800 each

CGST and SGST @10% each​

Answer 1

Answer:

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Explanation:

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