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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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