[CBSE] Q 12 Solutions Special Purpose Books II other Book TS Grewal (2023-24)

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Question number 12 solution special purpose book II other books TS Grewal class 11 CBSE 2023-24

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

2022
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.) –

Solution:-

In the Book of M/s Manoj, Mumbai

Return Outward Book

In the Book of M/s Manoj, Mumbai

Return Inward Book

Below is the solutions of all Practical Problems

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1Question – 1
2Question – 2
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6Question – 6
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