Question

Problem to display sales returns book
Enter the following transactions in sales returns book and post them into ledgers
Aug 1-Ramesh and company return as goods for rupees 10000
Aug 15-allowance granted to Kusum stores for breakage rupees 500
Aug 18-allowance granted to Ravi traders for over charge rupees 1000
Aug 30-Suresh and company returned goods worth rupees 500

Answer 1

Sales Return Book

Date Particular Credit Note L. Details S.R Total

F.

Aug-1 Ramesh&Co.

Goods₹10, 000 10000 10000 10000

Aug-30 Suresh &Co.

Goods₹500 500 500 500

Note: Aug-15 & Aug-18 transaction is not recorded because this transaction is not related to sales return