Recording of Transactions-II

credited with the amount of returns and the sales return account be debited with the periodical total in the same way as is done in case of posting from the purchases journal. Raman Traders Account Sales Return , Sales Return Account Sundries , as per sales return book Illustration Enter the following transactions of M/s Hi-Life Fashions in purchases and purchases return book and post them to the ledger accounts for the month of September : Details Purchase of following goods on credit from M/s Ratna Traders, Sept. as per Invoice No. : Shirts @ Rs. per shirt Pants @ Rs. per pant Less % trade discount Sept. Purchase of following goods on credit from M/s Bombay Fashion House, as per Invoice No. ; Fancy Trousers @ Rs. per trouser Fancy Hat @ Rs. per hat Less % trade discount Sept. Goods returned to M/s Ratana Traders,as per debit note No. : shirts @ Rs. per shirt Pant @ Rs. per pant Less % trade discount Sept. Purchase of following goods on credit from M/s Zolta Fashions, as per Invoice No. : Jackets @ Rs. per jacket Plain shirts Rs. per shirts Less % trade discount. Sept. Purchase of following goods on credit from M/s Bride Palace, as per Invoice No. : Fancy Lengha @ Rs. , per lengha Less % trade discount. Sept. Goods returned to M/s Bombay Fashion House as per debit note No. : Fancy Trousers @ Rs. per trouser Fancy Hat @ Rs. per hat Less % trade discount. Sept. Goods returned to M/s Bride Palace as per debit note No. : Fancy Lengha @ Rs. , per lengha Less % trade discount. Solution Books of Hi-life Fashions Purchases (Journal) Book Invoice Name of the Supplier No. (Account to be credited) Sept. Ratana Traders , Sept. Bombay Fashion House , Sept. Zolta Fashions , Sept. Bride Palace , Sept. , Purchases Return (Journal) Book Invoice Name of the Supplier No. (Account to be debited) Sept. Ratana Traders , Sept. Bombay Fashion House , Sept. Bride Palace , Sept. , (ii) Ledger Posting Books of M/s Hi-Life Fashions Ratana Traders Account Sept. , Sept. , return Bombay Fashion House Account Sept. , Sept. , return Zolta Fashions Account Sept. , Bride Palace Account Sept. , Sept. , return Purchases Account Sept. Sundries as , per purchases journal Purchases Return Account Sept. Sundries as , per purchases return book Illustration Enter the following transactions in the Sales and Sales Return book of M/s Vineet Stores: Details Sold goods on credit to M/s Rohit Stores as per invoice no. : Dec. . Kids Books @ Rs. each. Animal Books @ Rs. each Dec. Sold goods on credit to M/s Mera Stores as per invoice no. : Greeting Cards @ Rs. each. Musical Cards @ Rs. each Less % trade discount. Dec. Sold Goods on credit to M/s Mega Stationers as per invoice no. : Writing Pads @ Rs. each. Colour Books @ Rs. each Ink Pads @ each Dec. Goods Returned from M/s Rohit Stores as per credit note no. : Kids Books @ Rs. each Animal Book @ Rs. each Dec. Sold goods on credit to M/s Abha Traders as per invoice no. : Cards Books @ Rs. each. Note Books @ Rs. each Less % trade discount. Dec. Goods returned from M/s Mega Stationers as per credit note no. : Colour Books @ Rs. each Dec. Sold goods on credit to M/s Bharti Stores as per invoice no. : Greeting Cards @ Rs. each. Fancy Envelopes @ Rs. each Dec. Goods returned from M/s Abha Traders as per credit note no. : Cards Books @ Rs. each Note Book@ Rs. each Less % trade discount Solution Books of Veneet Stores Sales (Journal) Book Invoice Name of the Customer No. (Account to be debited) Dec. Rohit Stores , Dec. Mera Stores , Dec. Mega Stationers , Dec. Abha Traders , Dec. Bharti Stores , Dec. , Sales Return (Journal) Book Credit Name of the Customer Note No. (Account to be credited) Dec. Rohit Stores Dec. Mega Stationers Dec. Abha Traders Dec. (ii) Ledger Posting Rohit Stores Account Dec. Dec. Sales return Mera Stores Account Dec. , Mega Stationers Account Dec. , Dec. Sales return Abha Traders Account Dec. , Dec. Sales return Bharti Stores Account Dec. , Sales Account Dec. Sundries as , per sales book Sales Return Account Sundries as Dec. per sales return book