Question

Prepare Return Inwards Journal (Book) from the following transactions of M/s Bansal Electronics for November 2010

$\begin{array}{ccc}& & \text{(Rs.)}\\ 4& \text{Ms/ Gupta Traders returned the goods}& 1,500\\ 10& \text{Goods returned from M/s Harish Traders}& 800\\ 18& \text{M/s Rahul Traders returned the goods not as per}& \\ & \text{specifications}& 1,200\\ 28& \text{Goods returned from Sushil Traders}& 1,000\end{array}$

Answer 1

$\begin{array}{ccccc}\text{Date}& \text{Credit Note No}& \text{Name of the Supplier}& \text{LF}& \text{Amt. (Rs)}\\ 2010& & & & \\ \text{Nov 4}& & \text{M/s Gupta Traders}& & 1,500\\ \text{Nov 10}& & \text{M/s Harish Traders}& & 800\\ \text{Nov 18}& & \text{M/s Rahul Traders}& & 1,200\\ \text{Nov 28}& & \text{M/s Sushil Traders}& & 1,000\\ & & \text{Sales Return Account}& & \overline{\underset{–}{4,500}}\end{array}$