Prepare
proper subsidiary books and post them to the ledger from the following
transactions for the month of February 2006:
Rs
01
Goods
sold to Sachin
5,000
04
Purchase
from Kushal Traders
2,480
06
Sold
goods to Manish Traders
2,100
07
Sachin
returned goods
600
08
Returns
to Kushal Traders
280
10
Sold
to Mukesh
3,300
14
Purchased
from Kunal Traders
5,200
15
Furniture
purchased from Tarun
3,200
17
Bought
of Naresh
4,060
20
Return
to Kunal Traders
200
22
Return
inwards from Mukesh
250
24
Purchased
goods from Kirit & Co. for list price of
5,700
less
10% trade discount
25
Sold
to Shri Chand goods
6,600
less
5% trade discount
26
Sold
to Ramesh Brothers
4,000
28
Return
outwards to Kirit and Co.
1,000
less
10% trade discount
28
Ramesh Brothers returned goods Rs
500.
Prepare proper subsidiary books and post them to the ledger from the following transactions for the month of February 2006:
|
|
|
Rs |
|
01 |
Goods sold to Sachin |
5,000 |
|
04 |
Purchase from Kushal Traders |
2,480 |
|
06 |
Sold goods to Manish Traders |
2,100 |
|
07 |
Sachin returned goods |
600 |
|
08 |
Returns to Kushal Traders |
280 |
|
10 |
Sold to Mukesh |
3,300 |
|
14 |
Purchased from Kunal Traders |
5,200 |
|
15 |
Furniture purchased from Tarun |
3,200 |
|
17 |
Bought of Naresh |
4,060 |
|
20 |
Return to Kunal Traders |
200 |
|
22 |
Return inwards from Mukesh |
250 |
|
24 |
Purchased goods from Kirit & Co. for list price of |
5,700 |
|
|
less 10% trade discount |
|
|
25 |
Sold to Shri Chand goods |
6,600 |
|
|
less 5% trade discount |
|
|
26 |
Sold to Ramesh Brothers |
4,000 |
|
28 |
Return outwards to Kirit and Co. |
1,000 |
|
|
less 10% trade discount |
|
|
28 |
Ramesh Brothers returned goods Rs 500. |
|
|
Journal |
|||||
|
Purchases Book |
|||||
|
Date |
Invoice No. |
Name of Supplier (Accounts to be credited) |
L.F. |
Amount Rs |
|
|
2006 |
|
|
|||
|
Feb.04 |
Kushal Traders |
|
2,480 |
||
|
Feb.14 |
Kunal Traders |
|
5,200 |
||
|
Feb.17 |
Naresh |
|
4,060 |
||
|
Feb.24 |
Kirit and Co. |
5,700 |
|
|
|
|
|
Less: Trade Discount 10% |
(570) |
|
5,130 |
|
|
|
|
|
|
|
|
|
|
|
Purchases Account |
|
|
16,870 |
|
|
|
|
|
|
|
|
Sales Book |
|||||
|
Date |
Invoice No. |
Name of Customer (Accounts to be debited) |
L.F. |
Amount Rs |
|
|
2006 |
|
|
|||
|
Feb. 01 |
Sachin |
|
5,000 |
||
|
Feb.06 |
Manish Traders |
|
2,100 |
||
|
Feb.10 |
Mukesh |
|
3,300 |
||
|
Feb.25 |
Shri Chand |
6,600 |
|
|
|
|
Less: 5% Trade Discount |
(330) |
|
6,270 |
||
|
Feb.26 |
Ramesh Brothers |
|
4,000 |
||
|
|
|
|
|
||
|
|
|
Sales Account |
|
|
20,670 |
|
|
|
|
|
|
|
|
Sales Return Book |
||||
|
Date |
Credit Note |
Name of Customer (Accounts to be credited) |
L.F. |
Amount Rs |
|
2006 |
|
|||
|
Feb.07 |
Sachin |
600 |
||
|
Feb.22 |
Mukesh |
250 |
||
|
Feb.28 |
Ramesh Brothers |
500 |
||
|
|
|
|||
|
|
|
Sales Return Account |
1,350 |
|
|
|
|
|
|
|
|
Purchases Return Book |
|||||
|
Date |
Debit Note |
Name of Supplier (Accounts to be debited) |
L.F. |
Amount Rs |
|
|
2006 |
|
||||
|
Feb.08 |
Kushal Traders |
|
|
280 |
|
|
Feb.20 |
Kunal Traders |
|
|
200 |
|
|
Feb.28 |
Kirit and Co. |
1,000 |
|
||
|
Less: 10% Trade Discount |
(100) |
|
900 |
||
|
|
|
|
|||
|
Sales Return A/c |
|
|
1,380 |
||
|
|
|
|
|
|
|
|
Journal Proper |
||||||||
|
Date |
Particulars |
L.F. |
Debit Amount Rs |
Credit Amount Rs |
||||
|
|
|
|||||||
|
Feb.15 |
Furniture A/c |
Dr. |
3,200 |
|
||||
|
|
To Tarun |
3,200 |
||||||
|
(Furniture purchased from Tarun) |
|
|||||||
|
|
|
|||||||
|
Ledger |
|||||||
|
Purchases Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
|
2006 |
|
|
|
|
Feb.28 |
Sundries
as per Purchases Book |
|
16,870 |
|
|
||
|
|
|
|
Feb.28 |
Balance c/d |
16,870 |
||
|
|
|
|
|
|
|||
|
|
|
16,870 |
|
16,870 |
|||
|
|
|
|
|
|
|||
|
Sales Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
2006 |
|
|
||
|
|
|
|
Feb.28 |
Sundries as per Sales Book |
20,670 |
||
|
Feb.28 |
Balance c/d |
20,670 |
|
|
|||
|
|
20,670 |
|
20,670 |
||||
|
|
|
|
|
||||
|
Sales Return Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
2006 |
|
|
||
|
Feb.28 |
Sundries as per Sales Return Book |
1,350 |
|
|
|||
|
|
|
Feb.28 |
Balance
c/d |
1,350 |
|||
|
|
|
||||||
|
|
1,350 |
|
1,350 |
||||
|
|
|
|
|
||||
|
Purchases Return Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
|
2006 |
|
|
|
|
|
|
|
Feb.28 |
Sundries as per Purchases Return Book |
1,380 |
||
|
Feb.28 |
Balance c/d |
|
1,380 |
|
|
|
|
|
|
|
1,380 |
|
|
1,380 |
||
|
|
|
|
|
|
|
||
|
Sachin’s Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
2006 |
|
|
||
|
Feb.01 |
Sales |
5,000 |
Feb.07 |
Sales Return |
600 |
||
|
|
|
Feb.28 |
Balance c/d |
4,400 |
|||
|
|
|
|
|
|
|||
|
|
5,000 |
|
|
5,000 |
|||
|
|
|
|
|
|
|||
|
Kushal Traders’ Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
2006 |
|
|
||
|
Feb.08 |
Purchases Return |
280 |
Feb.04 |
Purchases |
2,480 |
||
|
Feb.28 |
Balance c/d |
2,200 |
|
|
|||
|
|
|
|
|||||
|
|
2,480 |
|
2,480 |
||||
|
|
|
|
|
||||
|
Manish Traders’ Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
2006 |
|
|
||
|
Feb.06 |
Sales |
2,100 |
|||||
|
|
|
Feb.28 |
Balance c/d |
2,100 |
|||
|
|
2,100 |
|
2,100 |
||||
|
|
|
|
|
||||
|
Mukesh’s Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
2006 |
|
|
||
|
Feb.10 |
Sales |
3,300 |
Feb.22 |
Sales Return |
250 |
||
|
|
|
Feb.28 |
Balance c/d |
3,050 |
|||
|
|
3,300 |
|
3,300 |
||||
|
|
|
|
|
||||
|
Kunal Traders’ Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
2006 |
|
|
||
|
Feb.20 |
Purchase Return |
200 |
Feb.14 |
Purchases |
5,200 |
||
|
Feb.28 |
Balance c/d |
5,000 |
|||||
|
|
5,200 |
|
5,200 |
||||
|
|
|
|
|
||||
|
Furniture Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
2006 |
|
|
|||
|
Feb.15 |
Tarun |
3,200 |
|
|
|||
|
|
Feb.28 |
Balance c/d |
3,200 |
||||
|
|
3,200 |
|
3,200 |
||||
|
|
|
|
|||||
|
Tarun’s Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
2006 |
|
|
||
|
|
|
Feb.15 |
Furniture |
3,200 |
|||
|
Feb.28 |
Balance c/d |
3,200 |
|
|
|||
|
|
3,200 |
|
3,200 |
||||
|
|
|
|
|
||||
|
Naresh’s Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
2006 |
|
|
||
|
Feb.17 |
Purchases |
4,060 |
|||||
|
Feb.28 |
Balance c/d |
4,060 |
|||||
|
|
4,060 |
|
4,060 |
||||
|
|
|
|
|
||||
|
Kirit & Co. Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
2006 |
|
|
||
|
Feb.28 |
Purchases Return |
900 |
Feb.24 |
Purchases |
5,130 |
||
|
Feb.28 |
Balance c/d |
4,230 |
|
|
|||
|
|
5,130 |
|
5,130 |
||||
|
|
|
|
|
||||
|
Shri Chand & Co. Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
2006 |
|
|
||
|
Feb.25 |
Sales |
6,270 |
|
|
|
||
|
|
|
Feb.28 |
Balance c/d |
6,270 |
|||
|
|
6,270 |
|
|
6,270 |
|||
|
|
|
|
|
|
|||
|
Ramesh’s Account |
|||||||
|
Dr. |
Cr. |
||||||
|
Date |
Particulars |
J.F. |
Amount Rs |
Date |
Particulars |
J.F. |
Amount Rs |
|
2006 |
|
|
2006 |
|
|
||
|
Feb.26 |
Sales |
4,000 |
Feb.28 |
Sales Return |
500 |
||
|
|
|
Feb.28 |
Balance c/d |
3,500 |
|||
|
|
4,000 |
|
4,000 |
||||
|
|
|
|
|
||||