Question

Enter the following transactions in Return Inward Book of M/s Kanitkar & Co. of Mumbai (Maharashtra) assuming CGST @ 2.5% and SGST @ 2.5% and post it into Ledger:

2018
Jan. 5	Goods returned to us by Giriraj & Co., Pune (Maharashtra) worth ₹ 40,000, less 10% trade discount.
10	Shah Brothers, Jaipur (Rajasthan) returned goods, being not according to sample ₹ 30,000.
16	Allowance claimed by Jai Singh & Co., Mathura (U.P) on account of a mistake in the invoice ₹ 10,000.
20	Good returned by Gopalsons, Mumbai being defective ₹ 20,000.

Answer 1

Sales Return Book of M/s Kanitkar & Co. , Mumbai (Maharashtra)
Date	Particulars		Credit Note No.	L.F.	Details (₹)	Sales Return (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total Amount (₹)
2018
Jan. 05	Giriraj & Co., Pune (Maharashtra)				40,000
	Less: 10% Trade Discount				4,000
					36,000
	Add: 2.5% CGST				900
	2.5% SGST				900
					37,800	36,000	900	900	-	37,800
Jan. 10	Shah Brothers, Jaipur (Rajasthan)				30,000
	Add: 5% IGST				1,500
					31,500	30,000	-	-	1,500	31,500
Jan. 16	Jai Singh & Co., Mathura (U.P.)				10,000
	Add: 5% IGST				500
					10,500	10,000	-	-	500	10,500
Jan. 20	Gopalsons, Mumbai				20,000
	Add: 2.5% CGST				500
	2.5% SGST				500
					21,000	20,000	500	500	-	21,000
Jan. 31	Sales Return A/c	Dr.				96,000	1,400	1,400	2,000	1,00,800

Sales Return Account
Dr.									Cr.
Date		Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2018
Jan. 31		Sundries as per Sales Return Book		96,000

Shah Brothers Account
Dr.									Cr.
Date		Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
					2018
					Jan. 10	Sales Return A/c		30,000
					Jan. 10	Output IGST		1,500

Gopalsons Account
Dr.									Cr.
Date		Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
					2018
					Jan. 20	Sales Return A/c		20,000
					Jan. 20	Output CGST		500
					Jan. 20	Output SGST		500

Giriraj & Co. Account
Dr.									Cr.
Date		Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
					2018
					Jan. 05	Sales Return A/c		36,000
					Jan. 05	Output CGST		900
					Jan. 05	Output SGST		900

Jai Singh & Co. Account
Dr.									Cr.
Date		Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
					2018
					Jan. 16	Sales Return A/c		10,000
					Jan. 16	Output IGST		500