Record the following transactions Delhi in books- 0 0 80 of Prabhat Electric Co- D 1-2 the proper subsidiary b 0

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Question

Record the following transactions of Prabhat Electric Co., Delhi in the proper subsidiary books:****

2018

Jan 1 Sold on credit to Grover & Co., Kanpur:

10 Crompton Water Coolers @ ₹6,000 each

5 Pedestal Fans @ ₹2,000 each

Trade Discount 10%, charged IGST @ 12%

Jan 5 Purchased on credit from Ram & Bros., Delhi:

25 Videocon Washing Machines @ ₹7,000 each

10 Wall Fans @ ₹1,500 each

Trade Discount 25%, plus CGST and SGST @ 6% each

Jan 10 Purchased for cash from Raja & Co., Delhi:

10 Electric Kettles @ ₹750

Plus CGST and SGST @ 6% each

Jan 15 Sold to Mahesh Bros., Chandigarh:

5 Crompton Water Coolers @ ₹7,000 each

2 Pedestal Fans @ ₹2,500 each

Charged IGST @ 12%

Jan 18 Returned to Ram & Bros.:

2 Videocon Washing Machines being defective

Jan 20 Purchased from Sethi & Co., Delhi:

20 Toasters @ ₹800

They charged CGST and SGST @ 6% each

Jan 27

Mahesh Bros. returned one Crompton Water Cooler, it being defective

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Solution

Sales Book

Date

Particulars

Bill No.

L.F.

Details

Value

Output

CGST

Output SGST

Output

IGST

Total

Jan 01
Grover & Co., Kanpur

10 Crompton Water Coolers @ Rs 6,000 each
60,000

5 Pedastal Fans @ Rs 2,000 each
10,000

70,000

Less: 10% T.D.
7,000

63,000

Add: IGST @ 12%
7,560

70,560

63,000

–

7,560

70,560

Jan 51
Mahesh Bros., Chandigarh

5 Crompton Water Coolers @ Rs 7,000 each
35,000

2 Pedastal Fans @ Rs 2,500 each
5,000

40,000

Add: IGST @ 12%
4,800

44,800

40,000

–

–

4,800

44,800

1,03,000

–

–

12,360

1,15,360

Purchases Book

Date

Particulars

Invoice No.

L.F.

Details

Cost

Input

CGST

Input SGST

Input

IGST

Total

Jan 05
Ram & Bros., Delhi

25 Videocon Washing Machines @ Rs 7,000 each
1,75,000

10 Wall Fans @ Rs 1,500 each
15,000

1,90,000

Less: 25% T.D.
47,500

1,42,500

Add: CGST @ 6%
8,550

Add: SGST @ 6%
8,550

1,59,600

1,42,500

8,550

8,550

–

1,59,600

Jan 20
Sethi& Co., Delhi

20 Toasters @ Rs 800 each
16,000

Add: CGST @ 6%
960

Add: SGST @ 6%
960

17,920

16,000

960

960

–

17,920

1,66,000

9,510

9,510

–

1,77,520

Purchases Return Book

Date

Particulars

Debit Note No.

L.F.

Details

Cost

Input

CGST

Input SGST

Input

IGST

Total

Jan 18
Ram & Bros., Delhi

2 Videocon Washing Machines @ Rs 7,000 each
14,000

Less: 25% T.D.
3,500

10,500

Add: CGST @ 6%
630

Add: SGST @ 6%
630

11,760

10,500

630

630

–

11,760

10,500

630

630

–

11,760

Sales Return Book

Date

Particulars

Credit Note No.

L.F.

Details

Value

Output

CGST

Output SGST

Output

IGST

Total

Jan 27
Mahesh Bros., Chandigarh

1 Crompton Water Coolers @ Rs 7,000 each
7,000

Add: IGST @ 12% each
840

7,840

7,000

–

–

840

7,840

1,500

30

30

120

1,680

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Q. Record the following transactions of Prabhat Electric Co., Delhi in the proper subsidiary books:


2019
Jan. 1		Sold to Grover & Co., Kanpur:
		10 Crompton Water Coolers @ ₹ 6,000 each
		5 Pedestal Fans @ ₹ 2,000 each
		Trade Discount 10%, charged IGST @ 12%
Jan. 5		Purchased from Ram & Bros., Delhi:
		25 Videocon Washing Machines @ 7,000 each
		10 Wall Fans @ ₹ 1,500 each
		Trade Discount 25%, plus CGST and SGST @ 6% each
Jan. 10		Purchased for cash from Raja & Co., Delhi:
		10 Electric Kettles @ ₹ 750
		Plus CGST and SGST @ 6% each
Jan. 15		Sold to Mahesh Bros., Chandigarh:
		5 Crompton Water Coolers @ ₹ 7,000 each
		2 Pedestal Fans @ ₹ 2,500 each
		Charged IGST @ 12%
Jan. 18		Returned to Ram & Bros.:
		2 Videocon Washing Machines being defective
Jan. 20		Purchased from Sethi & Co., Delhi:
		20 Toasters @ ₹ 800
		They charged CGST and SGST @ 6% each
Jan. 27		Mahesh Bros. returned one Crompton Water Cooler, it being defective

Record the following transactions into proper subsidiary books,then close the subsidiary books on January 31 and post them into Ledger:

$\begin{matrix} 2011 & (R s) Jan 1 & Purchased goods from Mahendra of the list price of Rs 40,000 less 10 % Trade Discount . Jan.5 & Sold goods to Moti for Rs 10,000 Jan.6 & Returned goods to Mahendra of list price Rs 5,000 Jan 7 & Shyam Singh sent goods for Rs 30,000. Jan.8 & Sold goods to Harish for Rs 12,000 . Jan. 19 & Sent goods to Moti for Rs 6,000 Jan.27 & Sold goods to Mahesh for Rs 8,000 \end{matrix}$

Q. Enter the following transactions in proper Subsidiary Books and post them into Ledger :−

2017
March 2	Purchased from Navrang Traders for ₹ 8,300
3	Sold goods to Rohan for ₹ 3,200
5	Bought of Ruchi Traders for ₹ 12,100
8	Rohan returns the goods for ₹ 600
10	Purchased goods from Jaipur Stores of the list price of ₹ 15,400 less 5% Trade Discount
12	Sold goods to Arun Traders for ₹ 18,000 less 15% Trade Discount
12	Bought of Amit Traders for ₹ 10,000
16	Purchased Machinery from Kirloskar Ltd. ₹ 20,000
18	Returned goods to Jaipur Stores for ₹ 800 less 5% Trade Discount.
19	Arun Traders returned goods for ₹ 3,000, less 15% Trade Discount
20	Sales to Kalpna & Co. for ₹ 14,700
22	Purchased goods from Navrang Traders ₹ 25,000
25	Returns outward to Navrang Traders for ₹ 1,200
26	Sales to Rupa Traders for ₹ 10,000 less 10% Trade Discount
29	Returns inward from Kalpana & Co. for ₹ 2,000

Q. Enter the following transactions in Proper Subsidiary Books of Ram, Lucknow (UP) for the month of January 2018:

2018		₹
Jan. 1	Sold to Ramesh of Delhi goods ₹ 15,000, charged IGST @ 12%
Jan. 1	Bought goods from Hari Ram, Kanpur (UP) for ₹ 8,000, plus CGST and SGST @ 6% each
Jan. 2	Ramesh returned goods	1,000
Jan. 2	Sold to Dina Nath, Lucknow goods of ₹ 10,000, charged CGST and SGST @ 6% each
Jan. 2	Purchased form Mangal, Kolkata goods for ₹ 50,000, plus IGST @ 12%
Jan. 4	Returned goods to Mangal	5,000
Jan. 4	Sold to Zakir Hussain, Lucknow goods of ₹ 5,000 plus CGST and SGST @ 6% each
Jan. 5	Zakir Hussain returned goods	500
Jan. 7	Returned goods to Hari Ram	500
Jan. 9	Purchased from Raghunath, Delhi goods of ₹ 10,000 subject to a Trade Discount of 10%, plus IGST @ 12%
Jan. 10	Sold goods to Raja Ram subject to Trade Discount of 5%, charged CGST and SGST @ 6% each	5,000

Q. Enter the following transactions in proper Subsidiary Books of Ram, Lucknow (UP) for the month of January 2019:

2019		₹
Jan. 1	Sold goods to Ramesh of Delhi for ₹ 15,000, charged IGST @ 12%
Jan. 1	Bought goods from Hari Ram, Kanpur (UP) for ₹ 8,000, plus CGST and SGST @ 6% each
Jan. 2	Ramesh returned goods	1,000
Jan. 2	Sold goods to Dina Nath, Lucknow of ₹ 10,000, charged CGST and SGST @ 6% each
Jan. 2	Purchased goods form Mangal, Kolkata of ₹ 50,000, plus IGST @ 12%
Jan. 4	Returned goods to Mangal	5,000
Jan. 4	Sold goods to Zakir Hussain, Lucknow of ₹ 5,000 plus CGST and SGST @ 6% each
Jan. 5	Zakir Hussain returned goods	500
Jan. 7	Returned goods to Hari Ram	500
Jan. 9	Purchased goods from Raghunath, Delhi of ₹ 10,000 subject to a Trade Discount of 10%, plus IGST @ 12%
Jan. 10	Sold goods to Raja Ram subject to Trade Discount of 5%, charged CGST and SGST @ 6% each	5,000

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2018
Jan 1		Sold on credit to Grover & Co., Kanpur:
		10 Crompton Water Coolers @ ₹6,000 each
		5 Pedestal Fans @ ₹2,000 each
		Trade Discount 10%, charged IGST @ 12%
Jan 5		Purchased on credit from Ram & Bros., Delhi:
		25 Videocon Washing Machines @ ₹7,000 each
		10 Wall Fans @ ₹1,500 each
		Trade Discount 25%, plus CGST and SGST @ 6% each
Jan 10		Purchased for cash from Raja & Co., Delhi:
		10 Electric Kettles @ ₹750
		Plus CGST and SGST @ 6% each
Jan 15		Sold to Mahesh Bros., Chandigarh:
		5 Crompton Water Coolers @ ₹7,000 each
		2 Pedestal Fans @ ₹2,500 each
		Charged IGST @ 12%
Jan 18		Returned to Ram & Bros.:
		2 Videocon Washing Machines being defective
Jan 20		Purchased from Sethi & Co., Delhi:
		20 Toasters @ ₹800
		They charged CGST and SGST @ 6% each
Jan 27		Mahesh Bros. returned one Crompton Water Cooler, it being defective

Sales Book
Date	Particulars	Bill No.	L.F.	Details	Value	Output CGST	Output SGST	Output IGST	Total
Jan 01	Grover & Co., Kanpur
	10 Crompton Water Coolers @ Rs 6,000 each			60,000
	5 Pedastal Fans @ Rs 2,000 each			10,000
				70,000
	Less: 10% T.D.			7,000
				63,000
	Add: IGST @ 12%			7,560
				70,560	63,000		–	7,560	70,560
Jan 51	Mahesh Bros., Chandigarh
	5 Crompton Water Coolers @ Rs 7,000 each			35,000
	2 Pedastal Fans @ Rs 2,500 each			5,000
				40,000
	Add: IGST @ 12%			4,800
				44,800	40,000	–	–	4,800	44,800
					1,03,000	–	–	12,360	1,15,360

Purchases Book
Date	Particulars	Invoice No.	L.F.	Details	Cost	Input CGST	Input SGST	Input IGST	Total
Jan 05	Ram & Bros., Delhi
	25 Videocon Washing Machines @ Rs 7,000 each			1,75,000
	10 Wall Fans @ Rs 1,500 each			15,000
				1,90,000
	Less: 25% T.D.			47,500
				1,42,500
	Add: CGST @ 6%			8,550
	Add: SGST @ 6%			8,550
				1,59,600	1,42,500	8,550	8,550	–	1,59,600

Jan 20	Sethi& Co., Delhi
	20 Toasters @ Rs 800 each			16,000
	Add: CGST @ 6%			960
	Add: SGST @ 6%			960
				17,920	16,000	960	960	–	17,920
					1,66,000	9,510	9,510	–	1,77,520

Purchases Return Book
Date	Particulars	Debit Note No.	L.F.	Details	Cost	Input CGST	Input SGST	Input IGST	Total
Jan 18	Ram & Bros., Delhi
	2 Videocon Washing Machines @ Rs 7,000 each			14,000
	Less: 25% T.D.			3,500
				10,500
	Add: CGST @ 6%			630
	Add: SGST @ 6%			630
				11,760	10,500	630	630	–	11,760
					10,500	630	630	–	11,760

Sales Return Book
Date	Particulars	Credit Note No.	L.F.	Details	Value	Output CGST	Output SGST	Output IGST	Total
Jan 27	Mahesh Bros., Chandigarh
	1 Crompton Water Coolers @ Rs 7,000 each			7,000
	Add: IGST @ 12% each			840
				7,840	7,000	–	–	840	7,840

					1,500	30	30	120	1,680