journalisethe following transaction
1} sold goods for Rs 10,000
2) sold goods to sachin for Rs 20,000
3) sold goods to amitfor Rs 30,000 and payment made by cheque
4) sold goods to atulof the list price of Rs 30,000 at a trade discount of 10% plus vat @5 %
5) sold goods to sunil of the list price of Rs 1,25,000 LESS 20% trade discount and receiveda cheque under a cash discount of 2 % and vat @ 10 %
6) sold goods to sahil of the list price of Rs1,25,000 less 20% trade discount and 2 % cash discount and paid 40% by cheque
7) sold goods costing Rs40,000 to anitafor cash at a profit of 25% on cost less 20 % trade discount and charged 8 % sales tax and paid cartage Rs 100 (not to be charged from customer )
8) sold goods costing Rs40,000 to anilat a profit of 20 % on sales less 20% trade discount and charged 8 % sales tax and paid cartage rs100
9) sachin rejected and returned 10% of goods

plz need this answer !!!

Shamreen,
Shailender is partially correct. Some of transactions have been recorded correctly and the recording of remaining transactions has ben shown below

Journal 
Date Particulars L.F. Debit
Amount
Rs
Credit
Amount
Rs
         
 (4) Atul’s A/c Dr.   28,350  
  To Sales A/c     27,000
     To VAT Collected A/c     1,350
         
 (5) Bank A/c  Dr.   1,07,800  
  Discount Allowed A/c Dr.   2,000  
     To Sales A/c     1,00,000
     To VAT Collected A/c     9,800
         
 (6) Bank A/c Dr.   39,200  
  Sahil’s A/c Dr.   60,000  
  Discount Allowed A/c Dr.   800  
     To Sales A/c     1,00,000
         
 (7) Cash A/c Dr.   43,200  
  To Sales A/c     40,000
    To Sales Tax A/c     3,200
         
  Cartage A/c Dr.   100  
     To Cash A/c     100
           
 (8) Cash A/c Dr.   43,300  
  To Sales A/c     40,100
    To Sales Tax A/c     3,200
           
  Cartage A/c Dr.   100  
    To Cash A/c     100
         
           

Working Notes:


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