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Question

Prepare Sales Return Book of Shiv Shankar, Delhi from the following transactions and post them into Ledger:
2018
Feb. 10 Rama Stores Delhi returned:
2 Televisions Sony sold @ ₹ 20,000 each plus CGST and SGST @ 9% each
Feb. 20 Sohan Singh & Co. Dehradun returned:
3 Washing Machines Videocon sold @ ₹ 10,000 each plus IGST @ 18%

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Solution

Sales Return Book of Shiv Shankar, Delhi

Date

Particulars

Credit Note No.

L.F.

Details

(Rs)

Sales Value

(Rs)

Output CGST
(Rs.)
Output SGST
(Rs.)
Output IGST
(Rs.)
Total
(Rs.)

2018

Feb.10

Rama Stores, Delhi

2 Television Sony sold @ Rs. 20,000 each

40,000

Add: 9% CGST 3,600
9% SGST 3,600

47,200

40,000

3,600 3,600 - 47,200

Feb.20

Sohan Singh & Co., Dehradun

3 Washing Machines Videocon sold @ Rs. 10,000 each 30,000
Add: 18% IGST 5,400

35,400

30,000

- - 5,400 35,400

Feb. 28

70,000

3,600 3,600 5,400 82,600


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