Question

Enter the following transactions in the Purchase Book, Sales Book, Purchase Returns Book and Sales Returns Book of Abhishek and Co. for the month of January, 2011.

2011 Jan.
1	Purchased goods from Raj Traders Rs 16,400 at 10% trade discount.
3	Preeti enterprises invoiced goods to us Rs 17,250.
6	Sold goods to Vinita Stores Rs 19,000 at 5% trade discount.
9	Mitesh Associates invoiced goods to us Rs 17,000 at 2½ trade discount.
12	Returned goods to Raj traders Rs 1,650 (Net).
15	Vinita Traders returned goods to us as they were damaged in transit Rs 4,000 (Gross).
18	Returned goods to Preeti Rs 2,550
23	Placed an order with Novel Stores for goods worth Rs 29,000.
25	Novel Stores supplied goods worth Rs 19,000 only
26	Returned goods to Novel Stores as they were not as per specification Rs 2,550.
28	Sold goods to Deepika Rs 24,000 at 8% trade discount.
30	Deepika returned goods of Rs 4,000 (Gross).

Answer 1

In the Books of Abhishek and Co.
Purchases Book
Date	Particulars	L.F.	Details (Rs)	Amount (Rs)
Jan 2011
1	Raj Traders		16,400
	Less: Trade Discount @ 10%		(1,640)	14,760
3	Preeti Enterprises			17,250
9	Mitesh Associates		17,000
	Less: Trade Discount @ 2.5%		(425)	16,575
25	Novel Stores			19,000
31	Purchases A/c Dr.			67,585

Sales Book
Date	Particulars	L.F.	Details (Rs)	Amount (Rs)
Jan 2011
6	Vinita Stores		19,000
	Less: Trade Discount @ 5%		(950)	18,050
28	Deepika		24,000
	Less: Trade Discount @ 8%		(1,920)	22,080
31	Sales A/c Cr.			40,130

Purchases Return Book
Date	Particulars	Debit Note No	L.F.	Details (Rs)	Amount (Rs)
Jan 2011
12	Raj Traders				1,650
18	Preeti Enterprises				2,550
26	Novel Stores				2,550
31	Purchases Returns A/c Cr.				6,750

Sales Return Book
Date	Particulars	Credit Note No.	L.F.	Details (Rs)	Amount (Rs)
Jan 2011
15	Vinita Traders			4,000
	Less: Trade Discount @ 5%			(200)	3,800
30	Deepika			4,000
	Less: Trade Discount @ 8%			(320)	3,680
31	Sales Returns A/c Dr.				7,480