[DK Goel] Q. 7 Special Purpose Subsidiary Book Solutions Class 11 CBSE (2025-26)
Solutions of Question number 7 of Chapter 12 Special Purpose Subsidiary Book DK Goel class 11 CBSE (2025-26)
Prepare Returns Inward and Returns Outward Books from the following in the books of Modern Shoes, Kolkata (West Bengal) assuming CGST @ 6% and SGST @ 6%:-
| 2023 | |
| January 3 | Returned to Bata Shoe Co., Kolkata 50 pairs to Chappals being not up to the approved sample @ ₹ 600 per pair Less: Trade Discount 20% |
| 10 | Guru Nanak & Co., Kolkata, returned to us:- 10 pairs of Shoes, for being defective @ ₹ 1,200 per pair Less: Trade Discount 10% |
| 15 | Returned to Baluja Shoe Co., Kolkata 20 pairs of ladies chappals @ ₹ 500 per pair Less: 15% |
| 22 | Partap Footwear Co., Patna (Bihar), returned to us:- 50 pairs of Shoes @ ₹ 1,400 per pair Less: 5% |
| 27 | Manoj Shoe Co., Kolkata, returned to us:- 20 pairs to Sandals @ ₹ 1,000 per pair |
| 31 | Returned to Liberty Shoe Co., Ranchi (Jharkhand) defective shoes worth ₹ 5,000. |
[Ans.]
Returns Outward Book: Purchase Returns ₹ 37,500; Input CGST ₹ 1,950; Input SGST ₹ 1,950; Input IGST ₹ 600; Total ₹ 42,000.
Returns Inwards Book: Sales Returns ₹ 97,300; Output CGST ₹ 1,848; Output SGST ₹ 1,848; Output IGST ₹ 7,980; Total ₹ 1,08,976.]
Solution:-
