Question

Enter the following transactions in the Sales Book of M/s Sri Ram & Sons, Kolkata:−

2017
Jan 5	Sold to Ramesh Stationery House, Kolkata :−
	50 Dozen Pencils @ ₹ 20 per doz.
	20 Dozen Pens @ ₹ 5 per Pen
	Trade Discount 10%
8	Sold to Gupta Stationery Shop, Kanpur :−
	10 Dozen Note Books @ ₹ 60 per doz.
	15 Gross Rubbers @ ₹ 10 per doz.
20	Sold old newspapers for ₹ 150
24	Sold to Modern Stationery House, Lucknow for Cash :−
	25 Dozen Pencils @ ₹ 22 per doz.
28	Sold to Ali Mohammad & Sons, Allahabad :−
	10 Reams of Paper @ ₹ 80 per Ream
	Discount 15%
31	Sold old furniture to Kedar Nath & Co., Allahabad on credit ₹2,200

Answer 1

M/s Sri Ram & Sons, Kolkata

Sales Book
Date	Particulars		L.F.	Details (Rs)	Amount (Rs)
2017
Jan. 05	Ramesh Stationery House, Kolkata
	50 Dozen Pencils @ Rs 20 per dozen			1,000
	240 Pens @ Rs 5 per pen			1,200
				2,200
	Less: 10% Trade Discount			220	1,980
Jan. 08	Gupta Stationery Shop, Kanpur
	10 Dozen Notebooks @ Rs 60 per dozen			600
	15 Gross* Rubbers @ Rs 10 per dozen			1,800	2,400
Jan. 28	Ali Mohammad & Sons, Allahabad
	10 Reams of Paper @ Rs 80 per Ream			800
	Less: 15% Trade Discount			120	680
	Sales A/c	Cr.			5,060

Note: Sales book records only the credit sale of goods, so transaction dated Jan 20 (being sale of newspapers), Jan. 24 (being cash sales) and June 31 (being credit sale of fixed asset) will not be recorded.

*1 Gross = 12 Dozen
15 Gross = 12 $\times$ 15 = 180 Dozen