Accountancy, asked by ajaysinghjagat3016, 3 days ago

Record the following transaction in purchase boak sales book, purchase Returm book sales Returm book of Shreyas Traders, Pune, July 2021. 10 1. Purchased goods from Neelskamal Stores 33,000 @5% trade Discount half the amount was paid immediately. 3. Invoiced goods of 27,750 to Dhaval Traders. 4. Sonali invoiced goods ? 14,000 to us @ 4% Traders Discount as per our order dated 27 June 2018. 5. Sold goods of 30,000 on credit to Sourabl & son... @7% TD. 12. Sent a Debit Note to Neelkam stores 3000. (G.. 14. Sent a Credit Note to Dhaval Traders of 3550. 19. Received Debit Note from Sonali 1000 (Gross). 21. Sent Credit Note to Sourabh & Sons 4675 (N..) 25. Purchase goods of 6600 from Seema Stores and paid carriage R 240. 30. Purchased funiture for office.. Use r 23000 from Bharat Furniture on credit

Answers

Answered by manishakakkar16
0

Answer:

Record the following transaction in purchase book sales book,

Explanation:

A income e book is a report of all credit score sales made through a business. it's far one of the secondary ebook of accounts and unlike cash sales that are recorded in coins ebook, income e book is most effective to file credit score income. the quantity entered in the sales ebook is on behalf of invoices provided to customers. A sales ebook is also known as income journal or sales Day ebook.

as an example, the subsequent entries of sales seem in the books of ABC Ltd.

Jan 7 – bought 10 Keyboards to A & Co. for 300 every.

Jan 24 – sold five headphones to X & Co. for 2 hundred each.

while a enterprise sends returned the ordered items to a vendor, it is recorded within the sales return e book. At times the client may also go back items due to the terrible first-rate of the product, an inaccurate quantity of the product, premature shipping or other such motives.

it is also referred to as returns inward and the proper sales return or a returns inward book is maintained for recording entries associated with the same. All returns are in most cases recorded within the sales go back book except the returns are not that frequent, in which case they are recorded inside the journal.

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