Prepare Purchases and Sales Book from the following transactions of Rahul, Bengaluru:

2019

Jan. 1 Bought from M/s. Uma Datt, Mumbai:

1,000 Registers @ ₹ 80 each

50 Reams Paper @ ₹ 250 per ream

Less: Trade Discount 25%

Plus: IGST @ 5%

Jan. 2 Sold to Shri Dayal, Bengaluru:

250 Registers @ ₹ 85 each

5 Reams paper @ ₹ 300 per ream

Charged CGST and SGST @ 2.5% each

Jan. 8 Bought from BILT, Delhi:

100 Reams Ruled Paper @ ₹ 600 per ream

Less: Trade Discount 15%

Plus IGST @ 5%

Jan. 12 Sold to Gupta Bros., Delhi:

250 Registers @ ₹ 85 each

50 Reams Ruled Paper @ 700 per ream

Less: Trade Discount 5%, charged IGST @ 5%

Jan. 18 Sold to Ram Saran Das:

20 copies Double Entry Book Keeping @ ₹ 85 each

Jan. 25 Bought from Hari Ram, Delhi:

1,000 pens @ ₹ 10 each

Less: Trade Discount 15%

Plus IGST @ 5%

Jan. 31 Sold to Rishi Kumar, Bengaluru:

300 Registers @ ₹ 90 each

50 Reams Ruled Paper @ ₹ 700 per ream

20 Reams Paper @ ₹ 300 per ream

Less: Trade Discount 10%, charged CGST and SGST @ 2.5% each

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Solution

Purchases Book of Rahul, Bengaluru

Date

Particulars

Invoice No.

L.F.

Details

Cost

Input

IGST

Total

2019

Jan. 01
M/s Uma Dutt, Mumbai

1,000 Registers @ Rs. 80 each
80,000

50 Reams Paper@ Rs. 250per ream
12,500

92,500

Less: 10% T.D.
23,125

69,375

Add: IGST @ 5%
3,469

72,844

69,375

3,469

72,844

Jan. 08
BILT, Delhi

100 Reams Ruled Paper @ Rs. 600 per ream
60,000

Less: 15% T.D.
9,000

51,000

Add: IGST @ 5%
2,550

53,550

51,000

2,550

53,550

Jan. 25
Hari Ram, Delhi

1,000 Pens @ Rs. 10 each
10,000

Less: 15% T.D.
1,500

8,500

Add: IGST @ 5%
425

8,925

8,500

425

8,925

Jan. 31
1,28,875

6,444

1,35,319

Sales Book of Rahul, Bengaluru

Date

Particulars
Invoice No.
L.F.

Details
(₹)

Sales Value

(₹)
Output
IGST
(₹) Output CGST
(₹) Output SGST
(₹) Total
(₹)

2019

Jan. 02

Shri Dayal, Bengalur

250 Registers @ Rs. 85 each

21,250

5 Reams Paper @ Rs. 300 per ream

1,500

22,750

Add: 2.5% CGST
2.5% SGST

569
569

23,888

22,750
- 569 569 23,888

Jan. 12

M/s.Gupta Bros., Delhi

250 Registers @ Rs. 85 each

21,250

50 Reams Ruled Paper @ Rs. 700 per ream

35,000

56,250

Less: 5% Trade Discount

(2,812)

53,438

Add: 5% IGST 2,672

56,110 53,438 2,672 - - 56,110

Jan. 18

Ram Saran Das

20 copies Double Entry Book Keeping @ Rs. 85 each

1,700

1,700
- - - 1,700

Jan. 31

Rishi Kumar, Bengaluru

300 Registers @ Rs. 90 each 27,000

50 Reams Ruled Paper @ Rs. 700 per ream 35,000

20 Reams Paper @ Rs. 300 per ream 6,000

68,000

Less: 10% Trade Discount 6,800

61,200

Add: 2.5% CGST 1,530

2.5% SGST 1,530

64,260

61,200
- 1,530 1,530 64,260

Jan. 31

1,39,088
2,672 2,099 2,099 1,45,958

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Q. Prepare the Purchase Book and Sales Book from the following transactions:

2018
Jan. 1	Bought from M/s. Uma Datt, Mumbai, on credit:
	1,000 Ragisters @ ₹ 80 each
	50 Reams Paper @ ₹ 250 per ream
	Less: Trade Discount 25%
	Add: IGST @ 5%
Jan. 2	Sold to Shri Dayal, Bengaluru:
	250 Registers @ ₹ 85 each
	5 Reams paper @ ₹ 300 per ream
	Charged CGST and SGST @ 2.5% each
Jan. 8	Bought from BILT, Delhi:
	100 Reams Ruled Paper @ ₹ 600 per ream
	Less: Trade Discount 15%
	Plus IGST @ 5%
Jan. 12	Sold to Gupta Bros., Delhi:
	250 Registers @ ₹ 85 each
	50 Reams Ruled Paper @ 700 per ream
	Less: Trade Discount 5%, charged IGST @ 5%
Jan. 18	Sold to Ram Saran Das:
	20 copies Double Entry Book Keeping @ ₹ 85 each
Jan. 25	Bought from Hari Ram, Delhi:
	1,000 pens @ ₹ 10 each
	Less: Trade Discount 15%
	Plus IGST @ 5%
Jan. 31	Sold to Rishi Kumar, Bengaluru:
	300 Registers @ ₹ 90 each
	50 Reams Ruled Paper @ ₹ 700 per ream
	20 Reams Paper @ ₹ 300 per ream
	Trade Discount 10%, charged CGST and SGST @ 2.5% each

Q. Prepare a Sales Book from the following transactions of Hema Traders, Kolkata dealing in furniture. Open a Ledger Account also:

2018
April 1	Sold to M/s. Gupta Furniture House, Delhi:
	100 Chairs @ ₹ 1,500 per chair
	40 Tables @ ₹ 2,000 per table
	Less: Trade Discount @ 5%
	Charged IGST @ 12%
April 10	Sold to M/s. Ajit Singh & Sons, Kolkata:
	150 Desks @ ₹ 1,000 per desk
	160 Chairs @ ₹ 1,500 per chair
	Less: Trade Discount @ 5%
	Charged CGST and SGST @ 6% each
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	10 Sofa sets @ ₹ 75,000 each
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2019
Jan. 1	Bought from M/s. Uma Datt, Mumbai:
	1,000 Registers @ ₹ 80 each
	50 Reams Paper @ ₹ 250 per ream
	Less: Trade Discount 25%
	Plus: IGST @ 5%
Jan. 2	Sold to Shri Dayal, Bengaluru:
	250 Registers @ ₹ 85 each
	5 Reams paper @ ₹ 300 per ream
	Charged CGST and SGST @ 2.5% each
Jan. 8	Bought from BILT, Delhi:
	100 Reams Ruled Paper @ ₹ 600 per ream
	Less: Trade Discount 15%
	Plus IGST @ 5%
Jan. 12	Sold to Gupta Bros., Delhi:
	250 Registers @ ₹ 85 each
	50 Reams Ruled Paper @ 700 per ream
	Less: Trade Discount 5%, charged IGST @ 5%
Jan. 18	Sold to Ram Saran Das:
	20 copies Double Entry Book Keeping @ ₹ 85 each
Jan. 25	Bought from Hari Ram, Delhi:
	1,000 pens @ ₹ 10 each
	Less: Trade Discount 15%
	Plus IGST @ 5%
Jan. 31	Sold to Rishi Kumar, Bengaluru:
	300 Registers @ ₹ 90 each
	50 Reams Ruled Paper @ ₹ 700 per ream
	20 Reams Paper @ ₹ 300 per ream
	Less: Trade Discount 10%, charged CGST and SGST @ 2.5% each

Purchases Book of Rahul, Bengaluru
Date	Particulars	Invoice No.	L.F.	Details	Cost	Input IGST	Total
2019
Jan. 01	M/s Uma Dutt, Mumbai
	1,000 Registers @ Rs. 80 each			80,000
	50 Reams Paper@ Rs. 250per ream			12,500
				92,500
	Less: 10% T.D.			23,125
				69,375
	Add: IGST @ 5%			3,469

				72,844	69,375	3,469	72,844

Jan. 08	BILT, Delhi
	100 Reams Ruled Paper @ Rs. 600 per ream			60,000
	Less: 15% T.D.			9,000
				51,000
	Add: IGST @ 5%			2,550

				53,550	51,000	2,550	53,550
Jan. 25	Hari Ram, Delhi
	1,000 Pens @ Rs. 10 each			10,000
	Less: 15% T.D.			1,500
				8,500
	Add: IGST @ 5%			425
				8,925	8,500	425	8,925
Jan. 31					1,28,875	6,444	1,35,319

Sales Book of Rahul, Bengaluru
Date	Particulars	Invoice No.	L.F.	Details (₹)	Sales Value (₹)	Output IGST (₹)	Output CGST (₹)	Output SGST (₹)	Total (₹)
2019
Jan. 02	Shri Dayal, Bengalur
	250 Registers @ Rs. 85 each			21,250
	5 Reams Paper @ Rs. 300 per ream			1,500
				22,750
	Add: 2.5% CGST 2.5% SGST			569 569
				23,888	22,750	-	569	569	23,888


Jan. 12	M/s.Gupta Bros., Delhi
	250 Registers @ Rs. 85 each			21,250
	50 Reams Ruled Paper @ Rs. 700 per ream			35,000
				56,250
	Less: 5% Trade Discount			(2,812)
				53,438
	Add: 5% IGST			2,672
				56,110	53,438	2,672	-	-	56,110

Jan. 18	Ram Saran Das
	20 copies Double Entry Book Keeping @ Rs. 85 each			1,700
					1,700	-	-	-	1,700
Jan. 31	Rishi Kumar, Bengaluru
	300 Registers @ Rs. 90 each			27,000
	50 Reams Ruled Paper @ Rs. 700 per ream			35,000
	20 Reams Paper @ Rs. 300 per ream			6,000
				68,000
	Less: 10% Trade Discount			6,800
				61,200
	Add: 2.5% CGST			1,530
	2.5% SGST			1,530
				64,260	61,200	-	1,530	1,530	64,260
Jan. 31					1,39,088	2,672	2,099	2,099	1,45,958