[CBSE] Q 12 Solutions Special Purpose Books II other Book TS Grewal (2022-23)

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Question number 12 solution special purpose book II other books TS Grewal class 11 CBSE 2022 – 23

Prepare Returns Inward and Returns Outward Book of Manoj, Mumbai from the following transactions and post them in Ledger Accounts:

March 1
Mathur Bros., New Delhi, returned:
5 pairs of Shoes for being defective @ ₹ 2,000 per pair
Less: Trade Discount 10%
March 5Returned to Kanpur Leather Private Ltd., Kanpure:
100 pairs of Chappals being not up to the approved sample. They were purchased @ ₹ 300 per pair
Less: Trade Discount 15%
March 12Baluja Shoes Co., Mumbai returned 12 pairs of ladies chappals sold to them @ ₹ 4,000 per pair
Less: Trade Discount 10%
March 20Returned to Bata Shoes Pvt. Ltd., Mumbai:
100 pairs B.S.C Canvas Shoes @ ₹ 500 per pair
Less: Trade Discount 15%

[Total of Returns Outward Book – ₹ 68,000; Returns Outward A/c (Cr.) – ₹ 68,000; Kanpur Leather Private Ltd., Kanpur (Dr.) – ₹ 25,500; Bata Shoes Pvt. Ltd., Mumbai – ₹ 42,500. Total of Returns Inward Book – ₹ 52,200; Returns Inward A/c (Dr.) – ₹ 52,200; Mathur Bros., New Delhi (Cr.) – ₹ 9,000; Baluja Shoes Co., Mumbai (Cr.) ₹ 43,200.]


In the Book of M/s Manoj, Mumbai

Return Outward Book

In the Book of M/s Manoj, Mumbai

Return Inward Book

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Anurag Pathak
Anurag Pathak

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