Question

Ms. Sohan Lal & Bros., Rolkata
Purchases and Sales Books
8. Prepare Purchases and Sales Books from the following transactions of Rahul, Bengaluru:
2018
Jan 1 Bought from M/s. Uma Dutt, Mumbai, on credit.
1,000 Registers @ 80 each
50 Reams Paper 250 per ream
Less Trade Discount 25%
Add: IGST @ 5%
Jan 2 Soldho Shn Dayal, Bengaluru
250 Registers @ 85 each
5 Reams paper @ 300 per ream
Charged CGST and SGST @ 2.5% each
Jan
8 Bought from BILT, Delho
100 Reams Ruled Paper @ 600 per ream
Lass: Trade Discount 15%
Plus IGST @ 5%
Jan 12 Sold to Gupta Bros., Dehr
250 Registers @ 85 each
50 Reams Ruled Paper @ 700 per ream
Less: Trade Discount 5%, charged IGST @5%
18 Sold to Ram Saran Das
20 copies Double Entry Book Keeping @ 785 each
Jan 25 Bought from Han Ram, Delhi
1,000 pens 10 each
Less Trade Discount 15%
Plus GST @5%
Jan 31 Sold to Rishi Kumar, Bengaluru
300 Registers @ 790 each
50 Reams Ruled Paper @ 7700 per ream
20 Reams Paper @ 300 per ream
Trade Discount 10%, charged CGST and SGST @ 25% each
[Total of Purchases Book-71,35,319; Purchases A/c (Dr.)-71,28,875,
Input IGST A/c (Dr.) 76,444.
Total of Sales Book-- 1,45,958, Sales A/c (Cr)-1,39,088; Output CGST A/c (Cr)-
22,099; Output SOST A/C (Cr)- 2,099; Output IGST A/c (Cr.) 2.672.)
Purchases Return Book​

Answer 1

Explanation:

Total of Purchases Book-71,35,319; Purchases A/c (Dr.)-71,28,875,

Input IGST A/c (Dr.) 76,444.

Total of Sales Book-- 1,45,958, Sales A/c (Cr)-1,39,088; Output CGST A/c (Cr)-

22,099; Output SOST A/C (Cr)- 2,099; Output IGST A/c (Cr.) 2.672.)

Purchases Return Book