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Record the following transactions in the Sales Books of Sandesh and Brothers.

2015

 

May 2

Sold to M/s Bipin vide Invoice No. 684:

 

250 boxes of Biscuits @ Rs.2000 per box less trade discount @ 10% and VAT charged @ 5%

 

 

May 11

Sold to Shyam and Co. vide Invoice No.225:

 

300 boxes of chocolates @ Rs.4500 per box less trade discount @ 5%, charged CST @ 10% and freight and packing charges were separately charged in the invoice at Rs.1,750.

 

 

May 19

Sold goods to Birju and sons vide Cash Memo No. 2435:

 

190 boxes of candies @ Rs.800 per box. VAT charged @ 5%

 

 

May 27

Sold goods to Jagdish Ltd vide Invoice No. 1435:

 

150 boxes of candies @ Rs.800 per box less trade discount @10% and charged VAT @ 5% and freight charges Rs.1,600.

 

 

Asked by Topperlearning User 11th July 2016, 4:49 PM
Answered by Expert
Answer:

In the Books of Sandesh and Brothers

Sales Book

Date

Particulars

L.F.

Invoice No.

Sales Amount

Rs. 

Trade Discount

Rs. 

Net Value

Rs. 

CST

Rs. 

VAT

Rs. 

Freight andPacking Charges

Rs. 

Total

Rs. 

2015

 

 

 

 

 

 

 

 

 

 

May 2

M/s Bipin 

 

684

 

 

 

 

 

 

 

 

250 boxes of Biscuits @ Rs.2000 per box

 

 

5,00,000

50,000

4,50,000

-

22,500

-

4,72,500

 

 

 

 

 

 

 

 

 

 

 

May 11

Shyam and Co.

 

225

 

 

 

 

 

 

 

 

300 boxes of chocolates @ Rs.4500 per box

 

 

13,50,000

67,500

12,82,500

128250

-

1,750

14,12,500

 

 

 

 

 

 

 

 

 

 

 

May 27

Jagdish Ltd 

 

1435

 

 

 

 

 

 

 

 

150 boxes of candies @ Rs.800 per box

 

 

1,20,000

12,000

1,08,000

-

5,400

1,600

Answered by Expert 11th July 2016, 6:49 PM
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