Question

From the following transactions, prepare the Purchases Returns Book of Alpha & Co., a

saree dealer and post them to ledger

Date Debit

Note No.

Particulars

04.01.2018 101 Returned to Goyal Mills, Surat – 5 polyester

sarees @ ₹ 100.

09.01.2018 Garg Mills, Kota – accepted the return of sarees

(which were purchased for cash) – 5 Kota sarees

@ ₹ 40.

16.01.2018 102 Returned to Mittal Mills, Bangalore –5 silk sarees

@ ₹ 260.

30.01.2018 Returned one typewriter (being defective) @

₹ 3,500 to B & Co.​

Answer 1

Explanation:

For purchase return you can write

PURCHASE RETURN A/c ...Cr

Instead of Purchase A/c

( Depending upon the question)

and write DEBIT NOTE instead of Invoice No

Answer 2

Answer:

Explanation:

From the following transactions, prepare the Purchases Returns Book of Alpha & Co., a  saree dealer and post them to ledger

Date Debit                 Note No.                            Particulars

04.01.2018                   101   Returned to Goyal Mills, Surat – 5 polyester

                                                                    sarees @ ₹ 100.

09.01.2018                                   Garg Mills, Kota – accepted the return of   sarees    (which were purchased for cash) – 5 Kota sarees @ ₹ 40.

16.01.2018      102          Returned to Mittal Mills, Bangalore –5 silk sarees

                                                          @ ₹ 260.

30.01.2018                   Returned one typewriter (being defective) @

                                                  ₹ 3,500 to B & Co.​

                         Purchase return book                                                          

      Date        Debit no.                   Name of supplier                 Amount

      Jan 4              101                      Goyal surat mills                    500

      Jan 16            102                     Mittal mills , banglore           1300

     Jan 31                                      Purchase return A/c               1800