Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 11-commerce Answered

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 | 11 Jul, 2016, 04:49: PM
answered-by-expert 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 | 11 Jul, 2016, 06:49: PM
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT