NCERT Solutions for Class 11 Accountancy Chapter 4 - Recording of Transaction-II

Short Answer Type Questions

1. Briefly state how the Cash Book is both Journal and Ledger.

Ans. Cash Book is both a journal and a ledger in the following ways:

(i) It is Journal as cash and bank transaction are recorded for the first time in the cash book.

(ii) It is a Ledger because when Cash Book is maintained, no seperate cash account is required to the prepared.

2. What is the purpose of Contra Entry?

Ans. There are some transactions, which affect both Cash and Bank column of the Cash Book and are therefore, recorded on both sides of the Cashbook. Such entries are known as Contra entries.

3. What are Special purpose Books?

Ans. Special purpose books are those books which record original and primary entry in business transaction.

4. What is Petty Cash book? How it is prepared?

Ans. A Petty Cash Book is the book which is used for recording expenses involving small amounts. Besides petty expenses, receipts from main cashier are recorded. Petty cash Book is like Petty cash Account and is maintained by Petty Cashier. Petty cash given to the Petty Cashier for small payments is recorded on the credit side of the Cash book as by Petty Cash Account, and is posted to the debit side of the Petty Cash Account in the ledger.

5. Explain the meaning of posting of Journal Entries?

Ans. The process of transferring the transactions written in the Journal to a Ledger is called Posting. In other words, the process of transferring of debits and credits from the Journal to ledger Account is called posting. Posting is necessary as it summarizes all transaction, relating to the account at one place and also shows how transactions have affected the Account Balances.

6. Define the purpose of maintaining Subsidiary Journal.

Ans. (i) When journal is sub-divided and subsidiary books are maintained then the Accounting work can be divided among a number of persons, since subsidiary books are maintained for each category of transactions.

(ii) Same work is handled by a particular person for a considerable time, thus, he gains specialisation in
it and becomes more efficient in handling it.

(iii) Various accounting processes can be undertaken simultaneously because of the number of books, leading to the completion of work on time.

(iv) Since separate book is maintained for each type of transactions, information relating to each type is available at one place.

7. Write the difference between Return Inwards and Return Outwards.

Ans.

Return Outwards
Return Inwards
1. Return of goods originally sold for cash as they are recorded in the cash book. Return of goods or material purchased on credit basis.
2. Credit note is the basis of recording transaction. A Debit note is the basis of recording transaction.

8. What do you understand by Ledger Folio?

Ans. Ledger folio column records the page number of ledger where the posting of this amount has been made.

9. What is the difference between Trade discount and Cash discount?

Ans.

Trade Discount
Cash Discount
1. Discount offered by seller to the buyer as a reduction in the price of product. Discount offered to buyer at the time of taking payment.
2. To ensure bulk sales of product. To ensure prompt payment of items-purchase/ sold.
3. Allowed at the time of purchase/sale. Allowed at the time of payment.

10. Write the process of preparing Ledger from a Journal.

Ans. The process of transferring entries from Journal to Ledger is called Posting. As a rule, no entry is made directly into Ledger.

(i) Identify the account to be debited and credited in the Ledger.

(ii) Write the date of the transaction in Date column on the Debit & Credit side of the account.

(iii) In the particular column write the name of the account on the Debit side & Credit side.

(iv) In the J.F column write the page number of the Journal that has been debited/credited in the respective entry.

(v) In the Amount column on the debit side, record the relevant amount.

(vi) Similarly record the amount in the amount column of credit side, in case of credit only.

11. What do you understand by imprest amount in Petty Cash book?

Ans. Under this system, an estimate is made of amount required for Petty expenses for a period (say for a week, fortnight or a month). The amount so estimated is given to the Petty Cashier in the beginning of a period. The amount of petty expenses paid by the Petty Cashier is reimbursed to him periodically. Thus, he will again have the fixed amount in the beginning of the new period. This amount is called imprest money. This system of paying advance in the beginning and reimbursing the amount spent from time to time is called Imprest System.

Long Answer Type Question

12. Explain the need for drawing up the special purpose books.

Ans. Referring to the Journal meant for recording specific transactions of similar nature these book of original or primary entry are also called Subsidiary Books.

(i) Division of Work: When Journal is sub-divided and subsidiary books are maintained then the accounting work can be divided among a number of persons, since subsidiary books are maintained for each category of transaction.

(ii) Specialisation and Efficiency: Same work is handled by a particular person for a considerable time, thus, he gains specialisation in it and becomes more efficient in handling it.

(iii) Saving of Time: Various accounting processes can be undertaken simultaneously because of the number of books, leading to completing the work on time.

(iv) Availability of Information: Since separate book is maintained for each type of transactions, information relating to each type is available at one place.

(v) Facility in Checking: In case, the Trial Balance does not match, locating the error or errors is facilitated by the existence of separate books. Since the number of transactions is less in the Subsidiary Book as compared to only one Journal, it is easy to locate the errors.

(vi) Responsibility: Division of work results in assigning a particular job to a particular person. If an error is committed in recording, responsibility can be easily fixed.

13. What is Cash Book? Explain the types of Cash book?

Ans. Cash book is a book of primary entry in which cash and bank transactions are recorded in a chronological order, i.e., in the orderthey takeplace.Receipt are recordedon thedebit side of Cash book while payments are recorded on the credit side. Cash transactions are recorded in the cash column and bank transaction are recorded in the bank column. It is balanced by deducting total payments from total receipts to know cash in hand and balance at bank. The number of cash transactions in a firm is generally large. It is quite inconvenient to record all the transactions in the Journal. Therefore, it becomes necessary to have a separate book to record cash transactions.

There are two types of Cash Books :

(i) Simple Cash Book or Single Column Cash Book: It is used for recording Cash transaction only. It has one amount column on each side for recording cash receipts and cash payments. The format of a simple Cash book is similar to an account, with one amount column on each side. The left hand side, i.e., Debit side records receipts of a cash and the right hand side, i.e. Credit side records payments of cash.

(ii) Two column or Double column Cash Book (Cash book with cash and bank columns): It is used for recording cash and bank transactions. It has two columns on each side.

(a) Cash column on each side for recording cash receipts and cash payments

(b) Bank column on each side for recording bank transaction.

14. What is Contra entry? How can you deal with this entry while preparing double column Cash book ?

Ans. There are some transactions which affect both cash and bank column of the Cash Book and therefore, recorded on both sides of the Cash book. Such entries are known as Contra entries.

Contra Entry: Contra entries are the entries which affect both cash and bank, i.e. cash column and the bank column. Let us take an example to understand it better. Such transactions are recorded on both sides of the Cash Book cash and bank column. Balance of one will decrease and the other will increase due to such transactions. Contra entries are marked with letter "C' written in the L.F. column to indicate that these are contra transactions and are not posted in the Ledger Account. An example of contra entry is:

Cash withdrew for office use: When cash is withdrawn from bank account for office use, the amount is written on both columns of Cash book. The bank column is credited as money is withdrawn and cash column is debited as cash decreases. `C’ is written in J.R. column to show that this entry is contra entry.

15. What is the Petty Cash Book? Write the advantages of Petty Cash Book?

Ans. Petty Cash Book: The word 'Petty' is derived from the French word 'Petit' meaning small. A number of same types of payments are made repetitively in every type of business, such as conveyance, refreshment, cartage, postage, stationery, etc.

(i) If all the payments are recorded in the main Cash Book by the main cashier, it is likely to be
overburdened with the work and the Cash Book may become voluminous.

(ii) So, it is usual to appoint one more cashier, named as 'Petty Cashier'.

(iii) Petty Cashieris given the work of making small payments and record them in a separately maintained book, known as 'Petty Cash Book'.

The Petty Cash Book has the following advantages:

(i) Saving of Time and Labour of Head Cashier: As petty expenses are paid and recorded  by the Petty Cashier, it saves time and labour of Head Cashier.

(ii) Control Over Petty Expenses: The Head Cashier keeps a regular check on the Petty Cash book. It helps to keep a control over petty expenses.

(iii) Convenience in Ledger Posting: As only the total of each head of expense is posted into the Ledger, it is convenient to do the ledger posting,

(iv) SimpleMethod: The recording oftransactions in the Petty Cash Book does notrequire any specialised knowledge.

16. Describe the advantages of sub dividing the Journal.

Ans. Division of Work: When Journal is sub-divided and subsidiary books are maintained then the accounting work can be divided among a number of persons, since subsidiary books are maintained for each category of transactions.

Specialisation and Efficiency: Same work is handled by a particular person for a considerable time, thus, he gains specialisation in it and becomes more efficient in handling it.

Saving of Time: Various accounting processes can be undertaken simultaneously because of the number of books, leading to completing the work on time.

Availability of Information: Since separate book is maintained for each type of transactions, information to each type is available at one place.
Facility in Checking: In case, the Trial Balance does not match, locating the error or errors is facilitated
by the existence of separate books. Since the number of transactions is less in the Subsidiary Book as compared to only one Journal, it is easy to locate the errors.

Responsibility: Division of work results in assigning a particular job to a particular person. If an error is committed in recording, responsibility can be easily fixed.

17. What do you understand by Balancing of Account?

Ans. After posting the transactions, the businessman is interested in knowing the position of various accounts. For this purpose, the accounts are balanced at the end of the accounting period or after a certain period to ascertain the net balance of each account. Balancing account means that the debit and credit sides are totalled and the difference between the two sides is put on the shorter side so as to make their totals equal.

(i) When total of Debit Side is more than total of Credit Side: In such a case, the balance is called debit balance and the difference is written as 'By Balance c/d' on the credit side. In the next accounting period, the balance is brought down on the debit side by writing the words 'To Balance b/d'.

(ii) When total of Credit Side is more than total of Debit Side: In such a case, the balance is called credit balance and the difference is written as `To balance c/d’ on the debit side. In the next accounting period, the balance is brought down on the credit side by writing the words 'By Balance b/d'.

Numerical Questions

18. Enter the following transactions in a simple Cash Book for December 2016:
Dec. 2016 ₹
01 Cash in hand 12,000
05 Cash received from Bhanu 4,000
07 Rent paid 2,000
10 Purchased goods from Murari for cash 6,000
15 Sold goods for cash 9,000
18 Purchased stationery 300
22 Cash paid to Rahul on account 2,000
28 Paid salary 1,000
30 Paid rent 500

Cash Book

Date Particulars L.
F.		 Amount
(₹)		 Date Particulars L.
F.		 Amount
(₹)
2016 2016
Dec. 01 To Balance b/d 12,000 Dec. 07 By Rent A/c 2,000
Dec. 05 To Bhanu 4,000 Dec. 10 By Purchases A/c 6,000
Dec. 15 To Sales A/c 9,000 Dec. 18 By Stationery A/c 300
Dec. 22 By Rahul 2,000
Dec. 28 By Salaries A/c 1,000
Dec. 30 By Rent 500
Dec. 31 By Balance c/d 13,200
25,000 25,000
19. Record the following transactions in simple Cash Book for November 2016:
Nov. 2016 ₹
01 Cash in hand 12,500
04 Cash paid to Hari 600
07 Purchased goods for 800
12 Cash received from Amit 1,960
16 Sold goods for cash 800
20 Paid to Manish 590
25 Paid cartage 100
31 Paid salary 1,000
Ans. Dr. Cash Book Cr.
Date Particulars L.
F		 Amount
(₹)		 Date Particulars L.
F		 Amount
(₹)
2016 2016
Nov. 01 To Balance b/d 12,500 Nov. 04 By Hari 600
Nov. 12 To Amit 1,960 Nov. 07 By Purchases A/c 800
Nov. 16 To Sales A/c 800 Nov. 20 By Manish 590
Nov. 25 By Cartage A/c 100
Nov. 30* By Salaries A/c 1,000
Nov. 30* By Balance c/d 12,170
15,260 15,260

Note: There is a misprint in the question as there is a transaction on November 31, which is not possible as there are only 30 days in the month of November.

20. Enter the following transactions in Simple cash book for December 2017:

Dec
2016 ₹
01 Cash in hand 7,750
06 Paid to Sonu 45
08 Purchased goods for 600
15 Received cash from Parkash 960
20 Cash sales 500
25 Paid to S.Kumar 1,200
30 Paid rent 600
Ans. Dr. Cash Book Cr.
Date Particulars L.
F		 Amount
(₹)		 Date Particulars L.
F		 Amount
(₹)
2017 2017
Dec. 01 To Balance b/d 7,750 Dec. 06 By Sonu 45
Dec. 15 To Prakash 960 Dec. 08 By Purchases A/c 600
Dec. 20 To Sales A/c 500 Dec. 25 By S.Kumar 1,200
9,210 9,210
21. Record the following transactions in a bank column Cash Book for December, 2016
Dec. 2016 ₹
01 Started business with cash 80,000
04 Deposited in bank 50,000
10 Received cash from Rahul 1,000
15 Bought goods for cash 8,000
22 Bought goods by cheque 10,000
25 Paid to Shyam by cash 20,000
30 Drew from Bank for office use 2,000
31 Rent paid by cheque 1,000
Ans. Dr. Cash Book Cr.
Date Particular V.
N.		 L.
F.		 Cash
(₹)		 Bank
(₹)		 Date Particular V.
N.		 L.
F.		 Cash
(₹)		 Bank
(₹)
2016 2016
Dec. 01 To Capital A/c 80,000 — Dec. 04 By Bank A/c C 50,000 —
Dec. 04 To Cash A/c C — 50,000 Dec. 15 By Purchases A/c 8,000 —
Dec. 10 To Rahul 1,000 — Dec. 22 By Purchases A/c — 10,000
Dec. 30 To Bank A/c C 2,000 — Dec. 25 By Shyam 20,000 —
Dec. 30 By Cash A/c C — 2,000
Dec. 31 By Rent A/c — 1,000
Dec. 31 By Balance c/d 5,000 37,000
83,000 50,000 83,000 50,000

22. Prepare a double column Cash Book with the help of following information for December 2016:

Dec. 2016 ₹
01 Started business with cash 1,20,000
03 Cash paid into bank 50,000
05 Purchased goods from Sushmita 20,000
06 Sold goods to Dinker and received a cheque 20,000
10 Paid to Sushmita cash 20,000
14 Cheque received on December 06, 2016, deposited into bank —
18 Sold goods to Rani 12,000
20 Cartage paid in cash 500
22 Received cash from Rani 12,000
27 Commission received 5,000
30 Drew cash for personal use 2,000
Ans. Dr. Cash Book Cr.
Date Particulars V.
N.		 L.
F.		 Cash
(₹)		 Bank
(₹)		 Date Particulars V.
N.		 L.
F.		 Cash
(₹)		 Bank
(₹)
2016 2016
Dec. 01 To Capital A/c 1,20,000 — Dec. 03 By Bank A/c C 50,000 —
Dec. 03 To Cash A/c C — 50,000 Dec. 10 By Sushmita 20,000 —
Dec. 14 To Cheque in Hand A/c — 20,000 — —
Dec. 22 To Rani 12,000 — Dec. 20 By Cartage A/c 500 —
Dec. 27 To Commission Received A/c 5,000 — Dec. 30 By Drawing A/c 2,000 —
Dec. 31 By Balance c/d 64,500 70,000
1,37,000 70,000 1,37,000 70,000

23. Enter the following transactions in double column Cash Book of M/s Ambica Traders for July 2017:

July 2017 ₹
01 Commenced business with cash 50,000
03 Opened bank account with ICICI 30,000
05 Purchased goods for cash 10,000
10 Purchased office machine for cash 5,000
15 Sales goods on credit from Rohan and received cheque 7,000
18 Cash sales 8,000
20 Rohan’s cheque deposited into bank —
22 Paid cartage by cheque 500
25 Cash withdrawn for personal use 2,000
30 Paid rent by cheque 1,000

Ans. 

In the Books of M/s Ambica Traders

Dr.
Cash Book
 Cr.
Date Particulars V.
N.		 L.
F		 Cash
(₹)		 Bank
(₹)		 Date Particulars V.
N.		 L.
F		 Cash
(₹)		 Bank
(₹)
2017 2017
July 01 To Capital A/c 50,000 July 03 By Bank A/c 30,000 —
July 03 To Cash A/c C — 30,000 July 05 By Purchases A/c 15,000 —
July 18 To Sales A/c 8,000 July 10 By Office Machine A/c — —
July 20 To Cheques in July 25 By Drawing A/c 2,000
Hand A/c July 25 By Drawing A/c 2,000
July 30 By Rent A/c — 1,000
July 30 By Balance c/d 11,000 35,500
58,000 37,000 58,000 37,000
24. Prepare double column Cash Book from the following information for July 2017:
July 2017 ₹
01 Cash In hand 7,500
Bank overdraft 3,500
03 Paid wages 200
05 Cash sales 7,000
10 Cash deposited into bank 4,000
15 Goods purchased and paid by cheque 2,000
20 Paid rent 500
25 Drew from bank for personal use 400
30 Salary paid 1,000
Ans. Dr. Cash Book Cr.
Date Particulars V.
N.		 L.
F.		 Cash
(₹)		 Bank
(₹)		 Date Particulars V.
N.		 L.
F.		 Cash
(₹)		 Bank
(₹)
2017 2017
July 01 To Balance b/d 7,500 July 01 By Balance b/d
(overdraft)		 — 3,500
July 05 To Sales A/c 7,000 July 03 By Wages A/c 200 —
July 10 To Cash A/c C 4,000 July 10 By Bank A/c C 4,000 —
July 15 By Purchases A/c   — 2,000
July 20 By Rent A/c   500  
July 25 By Drawings A/c — 400
July 30 By Salaries A/c 1,000
July 30 Balance c/d (Over - draft) 1,900 July 30 By Balance c/d 8,800
14,500 5,900 14,500 5,900

25. Enter the following transactions in a double column Cash Book of M/s.Mohit Traders for January 2017.

Jan. 2017 ₹
01 Cash in hand 3,500
Bank overdraft 2,300
03 Goods purchased for cash 1,200
05 Paid wages 200
10 Cash sales 8,000
15 Deposited into bank 6,000
22 Sold goods for cheque which was deposited into bank same day 2,000
25 Paid rent by cheque 1,200
28 Drew from bank for personal use 1,000
31 Bought goods by cheque 1,000
Ans. Dr. Cash Book Cr.
Date Particulars V.
N.		 L.
F.		 Cash
(₹)		 Bank
(₹)		 Date Particulars V.
N.		 L.
F.		 Cash
(₹)		 Bank
(₹)
2017 2017
Jan. 01 To Balance b/d 3,500 Jan. 01 By Balance b/d
(Overdraft)		 2,300
Jan. 10 To Sales A/c 8,000 Jan. 03 By Purchases A/c 1,200
Jan. 15 To Cash A/c C 6,000 Jan. 05 By Wages A/c C 200
Jan. 22 To Sales A/c 2,000 Jan. 15 By Bank A/c 6,000
Jan. 25 By Rent A/c 1,200
Jan. 28 By Drawings A/c 1,000
Jan. 31 By Purchases A/c 1,000
Jan. 31 By Balance c/d 4,100 2,500
11,500 8,000 11,500 8,000

26. Prepare double column Cash Book from the following transactions for the year August 2017:

Aug. 2017 ₹
01 Cash in hand 17,500
Cash at bank 5,000
03 Purchased goods for cash 3,000
05 Received cheque from Jasmeet 10,000
08 Sold goods for cash 7,000
10 Jasmeet’s cheque deposited into bank
12 Purchased goods and paid by cheque 20,000
15 Paid establishment expenses through bank 1,000
18 Cash sales 7,000
20 Deposited into bank 10,000
24 Paid trade expenses 500
27 Received commission by cheque 6,000
29 Paid Rent 2,000
30 Withdrew cash for personal use 1,200
31 Salary paid 6,000
Ans. Dr. Cash Book Cr.
Date Particulars V.
N.		 L.
F.		 Cash
(₹)		 Bank
(₹)		 Date Particulars V.
N.		 L.
F.		 Cash
(₹)		 Bank
(₹)
2017 2017
Aug. 01 To Balance b/d 17,500 5,000 Aug. 03 By Purchases A/c 3,000
Aug. 08 To Sales A/c 7,000 Aug. 12 By Purchases A/c 20,000
Aug. 10 To Cheque in hand A/c — 10,000 Aug. 15 By Establishment Expenses A/c 1,000
Aug. 18 To Sales A/c 7,000 Aug. 20 By Bank A/c C 10,000
Aug. 20 To Cash A/c C 10,000 Aug. 24 By Trade 500
Expenses A/c
Aug. 27 To Commission A/c 6,000 Aug. 29 By Rent A/c 2,000
Aug. 30 By Drawings A/c 1,200
Aug. 31 By Salaries A/c 6,000
Aug. 31 By Balance c/d 8,800 10,000
31,500 31,000 31,500 31,000

27. M/s Ruchi Traders started their Cash Book with the following balances on July 2017: Cash in hand ₹1,354 and balance in Bank current account ₹7,560.

He had the following transactions in the month of July 2017:
₹
03 Cash sales 2,300
05 Purchased goods, paid by cheque 6,000
08 Cash sales 10,000
12 Paid trade expenses 700
15 Sales goods, received cheque (deposited same day) 20,000
18 Purchased motor car paid by chequex 20,000
20 Cheque received from Manisha (deposited same day) 10,000
22 Cash Sales 7,000
25 Manisha’s cheque returned dishonoured
28 Paid Rent 2,000
29 Paid telephone expenses by cheque 500
31 Cash withdrawn for personal use 2,000
Prepare Bank Column Cash Book.

Ans. 

Books of M/s Ruchi Traders

Dr.
Cash Book
 Cr.
Date Particulars V.
N.		 L.
F		 Cash
(₹)		 Bank
(₹)		 Date Particulars V.
N.		 L.
F		 Cash
(₹)		 Bank
(₹)
2017 2017
July 01 To Balance b/d 1,354 7,560 July 05 By Purchases A/c — 6,000
July 03 To Sales A/c 2,300 July 12 By Trade Expenses A/c 700 —
July 08 To Sales A/c 10,000 July 18 By Motor Car A/c — 15,000
July 15 To Sales A/c 20,000 July 25 By Manisha (Dishonour) A/c — 10,000
July 20 To Manisha A/c 10,000 July 28 By Rent A/c 2,000 —
July 22 To Sales A/c 7,000 July 29 By Telephone Expenses A/c — 500
July 31 By Drawings A/c 2,000
July 31 By Balance c/d 15,954 6,060
20,654 37,560 20,654 37,560
28. Prepare Petty Cash Book from the following transactions. The imprest amount is ₹2,000.
Jan. 2017 ₹
01 Paid cartage 50
02 STD charges 40
02 Bus fare 20
03 Postage 30
04 Refreshment for employees 80
06 Courier charges 30
08 Refreshment of customer 50
10 Cartage 35
15 Taxi fare to manager 70
18 Stationery 65
20 Bus fare 10
22 Fax charges 30
25 Telegrams charges 35
27 Postage stamps 200
29 Repair on furniture 105
30 Laundry expenses 115
31 Miscellaneous expenses 100
Ans. Dr. Petty Cash Book Cr.
Amount
Received		 Date
2017		 Particulars Voucher
No.		 Total
Payment		 Analysis of Payments
(₹) (₹) Telephone
(₹)		 Postage & Courier
(₹)		 Conveyance
(₹)		 Stationary
(₹)		 Cartage
(₹)		 Miscellaneous
(₹)
2,000 Jan. 1 To Cash A/c
Jan. 1 By Cartage 50 50
Jan. 2 By STD charges A/c 40 40
Jan. 2 By Bus Fare A/c   20   20
Jan. 3 By Postage A/c   30  30 20 — 80
Jan. 4 By Refreshment for Employees   80 — 80
Jan. 6 By Courier charges A/c   30 30
Jan. 8 By Refreshment of Customer A/c   50 — 50
Jan. 10 By Cartage A/c   35 35
Jan. 15 By Taxi Fare to Manager A/c   70 70
Jan. 18 By Stationery A/c   65 65
Jan. 20 By Bus Fare   10 10
Jan. 22 By Fax Charge A/c   30 30
Jan. 25 By Telegram Charge A/c   35 35
Jan. 27 By Postage stamps A/c   200 200
Jan. 29 By Repair Furniture   105 105
Jan. 30 By Laundry Expense A/c   115 115
Jan. 31 By Miscellaneous Exp.   100 100
1,065 105 260 100 65 85 450
Jan. 31 By Bal. c/d 935
2,000 2,000
935 Feb. 1 To Balance b/d
1065 Feb. 1 To Cash A/c

29. Record the following transactions during the week ending 30 Jan. 2017 with a weekly imprest ₹ 500.

Jan. 2017 ₹
24 Stationery 100
25 Bus fare 12
25 Cartage 40
26 Taxi fare 80
27 Wages to casual labour 90
29 Postage 80

 Ans. 

Petty Cash Book

Amount
Received		 Cash
Book
Folio		 Date
2017		 Particulars Voucher
No.		 Amount
Paid
Analysis of Payments
(₹) (₹) Stationery
(₹)		 Conveyance
(₹)		 Cartage
(₹)		 Postage Courier
(₹)		 Miscellaeous
(₹)
500 2017
Jan 24 To Cash A/c
Jan 24 By Stationary A/c 100 100
Jan 25 By Bus Fare A/c 12 12
Jan 25 By Cartage A/c 40 40
Jan 26 By Taxi Fare A/c 80 80
Jan 27 By Wages to Casual labour A/c 90 90
Jan 29 By Postage A/c 80 80
402 100 92 40 80 90
Jan 30 By Balance c/d 98
2017 500
98 Jan 31 To Balance b/d
402 Jan 31 To Cash A/c

30. Enter the following transactions in the Purchase Journal (Book) of M/s Gupta Traders of July 2017: 

1 July Bought from Rahul Traders as per invoice no. 20041
40 Registers @ ₹60 each
80 Gel Pens @ ₹15 each
50 Notebooks @ ₹20 each
Trade discount 10%.
15 July Bought from Global Stationers as per invoice no. 1132
40 Ink Pads @ ₹8 each
50 Files @ ₹10 each
20 Color Books @ ₹20 each
Trade Discount 5%
23 July Purchased from Lamba Furniture as per invoice no. 3201
2 Chairs @ ₹600 per chair
1 Table @ ₹1,000 per table
25 July Bought from Mumbai Traders as per invoice no. 1111
10 Paper Reasons @ ₹100 per Ream
400 Drawing Sheets @ ₹3 each
20 Packets Water colours @ ₹40 per packet

Ans.

Books of M/s Gupta Traders

Purchase Book

Date Particulars (Name of the Supplier)
(Accounts to be Credited)		 Invoice L.
F		 Details
(₹)		 Amount
(₹)
2017
July 01 Rahul Traders 20041
40 Registers @ ₹60 each 2,400
80 Gel Pens @ ₹15 each 1,200
50 Note Books @ ₹20 each 1,000
4,600
Less: Trade Discount 10% (460) 4,140
July 15 Global Stationeries 1132
40 Ink Pads @ ₹8 each 320
50 Files @ ₹10 each 500
20 Colour Books @ ₹20 each 400
1,220
Less: Trade discount 5% (61) 1,159
July 25 Mumbai Traders
10 Paper Reams @ ₹100 each 1,000
400 Drawing Sheets @ ₹3 each 1,200
20 Packet Water Colour @ ₹40 per pack 800 3,000
31 July Total 8,299

Note: Furniture purchased from Lamba Traders will not be recorded in the Purchases Book as furniture is not to be considered as goods for M/s Gupta Trader. This is because as per the transactions, M/s. Gupta Traders deals in stationery and not in furniture.

Note: Slight change in the performa of subsidiary book is done. Here ‘Details’ column has been  added in Purchase Book.

31. Enter the following transactions in Sales (journal) book of M/s. Bansal electronics:

2014

September

01 Sep. Sold to Amit Traders as per bill no. 4321
20 Pocket Radios @ ₹70 per Radio
2, T.V. sets, B & W. (6”) @ ₹800 Per T.V.
10 Sep. Sold to Arun Electronics as per bill no. 4351
5 T.V. sets (20”) B & W @ ₹3,000 per T.V.
2 T.V. sets (21”) Colour @ ₹4,800 per T.V.
22 Sep. Sold to Handa Electronics as per bill no. 4,399
10 Tape recorders @ ₹600 each
5 Walkman sets @ ₹300 each
28 Sep. Sold to Harish Traders as per bill no. 4430
10 Mixer Juicer Grinders @ ₹800 each.

Ans.

Books of M/s Bansal Electronics

Sales Book

Date Particulars
(Accounts to be Credited)		 Invoice L.
F		 Details
(₹)		 Amount
(₹)
Sep. 01 Amit Traders 4321
20 Pocket Radios @ ₹70 per Radio 1,400
2 T.V. Set, B & W (6") @₹800 per T.V. 1,600 3,000
Sep. 10 Arun Electronics 4351
5 T.V. sets (20") B & W @ ₹3,000 per T.V. 15,000
2 T.V. sets (21") Colour @ ₹4,800 per T.V. 9,600 24,600
Sep. 22 Handa Electronics 4399
10 Tape Recorders @ ₹600 each 6,000
5 Walkman sets @ ₹300 each 1,500 7,500
Sep. 28 Harish Traders 4430
10 Mixer Juicer Grinders @ ₹800 each 8,000
Sep. 30 Total 43,100

 32. Prepare a Purchases Return (Journal) book from the following transactions for April 2017.

2017

April ₹
05 Returned goods to M/s Kartik Traders 1,200
10 Goods returned to Sahil Pvt. Ltd. 2,500
17 Goods returned to M/s Kohinoor Traders for list price ₹2,000 less 10% trade discount.
28 Return outwards to M/s Handa Traders 550

Ans. Purchases Return Book

Date Particulars
Name of Customer (Supplier)
(Account to be Debited)		 Debit
Note No.		 L.
F.		 Details Amount
(₹)
2017
Apr. 05 M/s Kartik Traders 1,200
Apr. 10 Sahil Pvt. Ltd. 2,500
Apr. 17 M/s Kohinoor Traders 2,500
List Price 2,000
Less: 10% Trade discount (200) 1,800
Apr. 28 M/s Handa Traders 550
Apr. 30 Total 6,050

Note: As per the book total of Purchases Return Book is given as ₹6,150 however, the answer is coming out to be as ₹6,050.

33. Prepare Return Inward Journal (Book) from the following transactions of M/s Bansal Electronics for July 2017:

July 2017 ₹
04 M/s Gupta Traders returned the goods 1,500
10 Goods returned from M/s Harish Traders 800
18 M/s Rahul Traders returned the goods not as per ₹1,200 specifications 1,200
28 Goods returned from Sushil Traders 1,000

Ans.

Sales Return Book

Date Particulars (Name of the Customer)
(Accounts to be Credited)		 Credit
Note		 L.
F.		 Amount
(₹)
2017
Jul. 04 M/s Gupta Traders 1,500
Jul. 10 M/s Harish Traders 800
Jul. 18 M/s Rahul Traders 1,200
Jul. 28 Sushil Traders 1,000
Jul. 31 Total 4,500

34. Prepare proper subsidiary books and post them to the ledger from the following transactions for the month of February 2017:

2017 February ₹
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 form 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 less 10% trade discount 5,700
25 Sold to Shri Chand goods less 5% trade discount 6,600
26 Sold to Ramesh Brothers 4,000
28 Return Outwards to Kirit and Co. less 10% trade discount 1,000
28 Ramesh Brothers returned goods 500

Ans.

Journal

Purchases Book

Date Particulars (Name of the Supplier)
(Accounts to be Credited)		 Invoice
No.		 L.
F.		 Details Amount
(₹)
2017
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
Feb. 28 Total 16,870

Sales Book

Date Particulars (Name of the Customer)
(Accounts to be Debited)		 Invoice
No.		 L.
F.		 Amount
(₹)
2017
Feb. 01 Sachin 5,000
Feb. 06 Manish Traders 2,100
Feb. 10 Mukesh 3,300
Feb. 25 Shri Chand 6600
Less: 5% Trade Discount (330) 6,270
Feb. 26 Ramesh Brothers 4,000
Feb. 28 Total 20,670

Sales Return Book

Date Particulars (Name of the Customer)
(Accounts to be Debited)		 Credit
Note		 L.
F.		 Amount
(₹)
2017
Feb. 07 Sachin 600
Feb. 22 Mukesh 250
Feb. 28 Ramesh Brothers 500
Feb. 28 Total 1,350

Purchases Return Book

Date Particulars (Name of the Supplier)
(Accounts to be Debited)		 Debit
Note		 L.
F.		 Details Amount
(₹)
2017
Feb. 08 Kushal Traders 280
Feb. 20 Kunal Traders 200
Feb. 28 Kirit and Co. 1,000
Less: 10% Trade Discount (100) 900
Total 1,380

Journal Proper

Date Particulars L.
F		 Amount
(Dr.)
(₹)		 Amount
(Cr.)
(₹)
2017
Feb. 15 Furniture A/c Dr. 3,200
To Tarun 3,200
(Furniture purchased from Tarun)

Ledger

Dr.
Purchases Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 28 To Sundries as per Purchases Book 16,870 Feb. 28 By Balance c/d 16,870
16,870 16,870
Dr.
Sales Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 28 To Balance c/d 20,670 Feb. 28 By Sundries as per Sales Book 20,670
20,670 20,670
Dr.
Sales Return Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 28 To Sundries as per Sales Return Book 1,350 Feb. 28 By Balance c/d 1,350
1,350 1,350
Dr.
Purchases Return Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 28 To Balance c/d 1,380 Feb. 28 By Sundries as per Purchases Return Book 1,380
1,380 1,380
Dr.
Sachin
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 01 To Sales A/c 5,000 Feb. 07 By Sales Return A/c 600
Feb. 28 By Balance c/d 4,400
5,000 5,000
Dr.
Kushal
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 08 To Purchases Return A/c 280 Feb. 04 By Purchases A/c 2,480
Feb. 28 To Balance c/d 2,200
2,480 2,480
Dr.
Manish
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 06 To Sales A/c 2,100 Feb. 28 By Balance c/d 2,100
2,100 2,100
Dr.
Mukesh
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 10 To Sales A/c 3,300 Feb. 22 By Sales Return A/c 250
Feb. 28 By Balance c/d 3,050
3,300 3,300
Dr.
Kunal
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 20 To Purchase Return A/c 200 Feb. 14 By Purchases A/c 5,200
Feb. 28 To Balance c/d 5,000
5,200 5,200
Dr.
Furniture Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 15 To Tarun A/c 3,200 Feb. 28 By Balance c/d 3,200
3,200 3,200
Dr.
Tarun’s
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 28 To Balance c/d 3,200 Feb. 15 By Furniture A/c 3,200
3,200 3,200
Dr.
Naresh
Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 28 To Balance c/d 4,060 Feb. 17 By Purchases A/c 4,060
4,060 4,060
Dr.
Kirit & Co. Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 28 To Purchaes Return A/c 900 Feb. 24 By Purchases A/c 5,130
Feb. 28 To Balance c/d 4,230
5,130 5,130
Dr.
Shri Chand & Co. Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 25 To Sales A/c 6,270 Feb. 28 By Balance c/d 6,270
6,270 6,270
Dr.
Ramesh
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Feb. 26 To Sales A/c 4,000 Feb. 28 By Sales Return A/c 500
Feb. 28 By Balance c/d 3,500
4,000 Feb. 28 By Balance c/d 4,000

35. The following balances of ledger of M/s Marble Traders on April 01, 2017

2017
April ₹
Cash in hand 6,000
Cash at bank 12,000
Bills receivable 7,000
Ramesh (Cr.) 3,000
Stock (Goods) 5,400
Bills payable 2,000
Rahul (Dr.) 9,700
Himanshu (Dr.) 10,000
Transactions during the month were:  
April ₹ 
01 Goods sold to Manish 3,000
02 Purchased goods from Ramesh 8,000
03 Received cash from Rahul in full settlement 9,200
05 Cash received from Himanshu on account 4,000
06 Paid to Remesh by cheque 6,000
08 Rent paid by cheque 1,200
10 Cash received from Manish 3,000
12 Cash sales 6,000
14 Goods returned to Ramesh 1,000
15 Cash paid to Ramesh in full settlement 3,700
Discount received 300
18 Goods sold to Kushal 10,000
20 Paid trade expenses 200
21 Drew for personal use 1,000
22 Goods return from Kushal 1,200
24 Cash received from Kushal 6,000
26 Paid for stationery 100
27 Postage charges 60
28 Salary Paid 2,500
29 Goods purchased from Sheetal Traders 7,000
30 Sold goods to Kirit 6,000
Goods purchased from Handa Traders 5,000
Journalise the above transactions and post them to the ledger.

Books of M/s Marble Traders

Journal

Date Particulars L.
F		 Amount
(Dr.)
(₹)		 Amount
(Cr.)
(₹)
2017
Apr. 01 Cash A/c Dr. 6,000
Bank A/c Dr. 12,000
Bills Receivable A/c Dr. 7,000
Stock A/c Dr. 5,400
Rahul Dr. 9,700
Himanshu Dr. 10,000
To Ramesh Dr. 3,000
To Bills Payable A/c Dr. 2,000
To Capital A/c (Balancing figure) 45,100
(Being balance brought from last year)
Apr. 01 Manish Dr. 3,000
To Sales A/c 3,000
(Being goods sold to Manish)
Apr. 02 Purchases A/c Dr. 8,000
To Ramesh 8,000
(Being goods purchased from Ramesh)
Apr. 03 Cash A/c Dr. 9,200
Discount Allowed A/c Dr. 500
To Rahul 9,700
(Being cash received from Rahul and discount allowed)
Apr. 05 Cash A/c Dr. 4,000
To Himanshu 4,000
(Being cash received from Himanshu)
Apr. 06 Ramesh Dr. 6,000
To Bank A/c 6,000
(Being cheque issued to Ramesh)
Apr. 08 Rent A/c Dr. 1,200
To Bank A/c 1,200
(Being rent paid by cheque)
Apr. 10 Cash A/c Dr. 3,000
To Manish 3,000
(Being cash received from Manish)
Apr. 12 Cash A/c Dr. 6,000
To Sales A/c 6,000
(Being goods sold for cash)
Apr. 14 Ramesh Dr. 1,000
To Purchases Return A/c 1,000
(Being goods returned to Ramesh)
Apr. 15 Ramesh Dr. 4,000
To Cash A/c 3,700
To Discount Received A/c 300
(Being cash paid to Ramesh and discount received)
Apr. 18 Kushal Dr. 10,000
To Sales A/c 10,000
(Being goods sold to Kushal)
Apr. 20 Trade Expenses A/c Dr. 200
To Cash A/c 200
(Being trade expenses paid)
Apr. 21 Drawings A/c Dr. 1,000
To Cash A/c 1,000
(Being cash withdrawn for personal use)
Apr. 22 Sales Return A/c Dr. 1,200
To Kushal 1,200
(Being Kushal returned goods)
Apr. 24 Cash A/c Dr. 6,000
To Kushal 6,000
(Being cash received from Kushal)
Apr. 26 Stationery A/c Dr. 100
To Cash A/c 100
(Being cash paid for stationery)
Apr. 27 Postages A/c Dr. 60
To Cash A/c 60
(Being postage charges paid)
Apr. 28 Salaries A/c Dr. 2,500
To Cash A/c 2,500
(Being salary paid)
Apr. 29 Purchases A/c Dr. 7,000
To Sheetal Traders A/c 7,000
(Being goods purchased from Sheetal Traders)
Apr. 30 Kirit Dr. 6,000
To Sales A/c 6,000
(Being goods sold to Kirit)
Apr. 30 Purchases A/c Dr. 5,000
To Handa Traders A/c 5,000
(Being goods purchased from Handa Traders)
Total 1,35,060 1,35,060

Ledger

Dr.
Cash Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017   2017
Apr. 01 To Balance b/d 6,000 Apr. 15 By Ramesh 3,700
Apr. 03 To Rahul 9,200 Apr. 20 By Trade Expenses A/c 200
Apr. 05 To Himanshu 4,000 Apr. 21 By Drawings A/c 1,000
Apr. 10 To Manish 3,000 Apr. 26 By Stationary A/c 100
Apr. 12 To Sales A/c 6,000 Apr. 27 By Postage A/c 60
Apr. 24 To Kushal 6,000 Apr. 28 By Salaries A/c 2,500
Apr. 30 By Balance c/d 26,640
34,200 34,200
Dr.
Bank Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 10 Balance b/d 12,000 Apr. 16 By Rent A/c 1,200
Apr. 08 By Ramesh 6,000
Apr. 30 By Balance c/d 4,800
12,000 12,000
Dr.
Stock Account
Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 01 Balance b/d 5,400 Apr. 30 By Balance c/d 5,400
5,400 5,400
Dr.
Rahul
Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 01 Balance b/d 9,700 Apr. 03 By Cash A/c 9,200
Apr. 03 By Discount Allowed A/c 500
9,700 9,700
Dr.
Himanshu
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 01 Balance b/d 10,000 Apr. 05 By Cash A/c 4,000
Apr. 30 By Balance c/dc 6,000
10,000 10,000
Dr.
Ramesh
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 01 To Bank A/c 6,000 Apr. 01 By Balance b/d 3,000
Apr.14 To Purchases Return A/c 1,000 Apr. 02 By Purchases A/c 8,000
Apr. 15 To Cash A/c 3,700
Apr. 15 To Discount Received A/c 3,00
11,000 11,000
Dr.
Bills Payable Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 01 To Bank A/c 6,000 Apr. 01 By Balance b/d 3,000
Apr. 30 To Balance c/d 2,000 Apr. 01 By Balance b/d 2,000
2,000 2,000
Dr.
Capital Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 01 To Bank A/c 6,000 Apr. 01 By Balance b/d 3,000
Apr. 30 To Balance c/d 45,100 Apr. 01 By Balance b/d 45,100
45,100 45,100
Dr.
Manish
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 01 To Sales A/c 3,000 Apr. 10 By Cash A/c 3,000
3,000 3,000
Dr.
Purchases Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 02 To Ramesh 8,000 Apr. 30 By Balance c/d 20,000
Apr. 29 To Sheetal Traders A/c 7,000
Apr. 30 To Handa Traders A/c 5,000
20,000 20,000
Dr.
Discount Allowed Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 03 To Rahul 500 Apr. 30 By Balance c/d 500
500 500
Dr.
Rent Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 08 To Bank A/c 1,200 Apr. 30 By Balance c/d 1,200
1,200 1,200
Dr.
Discount Received Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 30 To Balance c/d 300 Apr. 15 By Ramesh 300
300 300
Dr.
Kushal
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 18 To Sales A/c 10,000 Apr. 22 By Sales Return A/c 1,200
Apr. 24 By Cash A/c 6,000
Apr. 30 By Balance c/d 2,800
10,000 10,000
Dr.
Trade Expenses Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 20 To Cash A/c 200 Apr. 30 By Balance c/d 200
200 200
Dr.
Drawings Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 21 To Cash A/c 1,000 Apr. 30 By Balance c/d 1,000
1,000 1,000
Dr.
Sales Return Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 22 To Kushal 1,200 Apr. 30 By Balance c/d 1,200
1,200 1,200
Dr.
Stationery Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 26 To Cash A/c 100 Apr. 30 By Balance c/d 100
100 100
Dr.
Postage Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 27 To Cash A/c 60 Apr. 30 By Balance c/d 60
60 60
Dr.
Salaries Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 28 To Cash A/c 2,500 Apr. 30 By Balance c/d 2,500
2,500 2,500
Dr.
Sheetal Traders Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 30 To Balance c/d 7,000 Apr. 29 By Purchase A/c 7,000
7,000 7,000
Dr.
Handa Traders Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 30 To Balance c/d 5,000 Apr. 30 By Purchase A/c 5,000
5,000 5,000
Dr.
Purchases Return Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 30 To Balance c/d 1,000 Apr. 14 By Ramesh 1,000
1,000 1,000
Dr.
Kirit
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 30 To Sales A/c 6,000 Apr. 30 By Balance c/d 6,000
6,000 6,000
Dr.
Bills Receivable Account
 Cr.
Date Particulars J.
F.		 Amount
(₹)		 Date Particulars J.
F.		 Amount
(₹)
2017 2017
Apr. 01 To Balance b/d 7,000 Apr. 30 By Balance c/d 7,000
7,000 7,000

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