Question

Q5. Record the following transactions in Purchase Book, Sales Book, Purchase Return
Book and Sales Return Book of Ankur Bros, for the month of August, 2011.
Aug. 2011
1. Purchased goods from Rajesh worth + 17,500/- and paid for carriage 1,500/-
4. Sold goods to Arun 34,500/- at 10% Trade discount and 5% Cash discount.
6. Received an order for goods from Laxman for 7 45,000/-
7. Executed the order received from Laxman at 10% Trade discount.
10. Sold goods to Ram for 7 12,000/- at 10% Trade discount and amount receive
immediately
13. Received goods worth 8,000/- from Kavita at 20% Trade discount and 5% cash
discount.
15. Returned goods to Rajesh 1,250/-
18. Laxman returned goods worth 5,000/- (gross).
21. Purchased goods from Akshay for 25,000/- at 20% Trade discount and 2% Cash
discount. Half the amount paid in cash and half by cheque.
ed a debit note from Arun for 2,000/- (gross)
26. Sent a debit note to Kavita for 500/- (net) for goods returned.
27. Sold old furniture to Kamal on credit * 2,800/-
29. Avinash purchased goods from us fort 8,000/- at 10% Trade discount
30. Excess goods of 1,000/- (net) supplied to Avinash were returned by him.
30. Yuvraj invoiced to us goods of 2,000/- at 2.5% Trade discount​

Answer 1

Answer:

Record the following transactions in Purchase Book, Sales Book, Purchase Return

Book and Sales Return Book of Ankur Bros, for the month of August, 2011.

Aug. 2011

1. Purchased goods from Rajesh worth + 17,500/- and paid for carriage 1,500/-

4. Sold goods to Arun 34,500/- at 10% Trade discount and 5% Cash discount.

6. Received an order for goods from Laxman for 7 45,000/-

7. Executed the order received from Laxman at 10% Trade discount.

10. Sold goods to Ram for 7 12,000/- at 10% Trade discount and amount receive

immediately

13. Received goods worth 8,000/- from Kavita at 20% Trade discount and 5% cash

discount.

15. Returned goods to Rajesh 1,250/-

18. Laxman returned goods worth 5,000/- (gross).

21. Purchased goods from Akshay for 25,000/- at 20% Trade discount and 2% Cash

discount. Half the amount paid in cash and half by cheque.

ed a debit note from Arun for 2,000/- (gross)

26. Sent a debit note to Kavita for 500/- (net) for goods returned.

27. Sold old furniture to Kamal on credit * 2,800/-

29. Avinash purchased goods from us fort 8,000/- at 10% Trade discount

30. Excess goods of 1,000/- (net) supplied to Avinash were returned by him.

30. Yuvraj invoiced to us goods of 2,000/- at 2.5% Trade discount