Prepare Sales Book of M/s. Alpha of Kanpur for March, 2024 Mar.5 Sold to M/s. ABC10pieces of Chairs @5,000/- each less Trade Discount 5%. Mar.12…
CA Foundation · Accounting · RTP · January 2025
Prepare Sales Book of M/s. Alpha of Kanpur for March, 2024 Mar.5 Sold to M/s. ABC10pieces of Chairs @5,000/- each less Trade Discount 5%. Mar.12 Sold to M/s. PQR25pieces of Tables @2,000/- each less Trade Discount 10%. Mar.18 Sold to M/s. MTB5pieces of Recliner Chairs @11000/- each less Trade Discount 10%. Payment received through c ash. Mar.28 Sold to M/s. LMS50pieces of cupboards @10,000/- each less Trade Discount 20%.
Suggested Answer and Working Notes:
Sales book of M/s. Alpha for March ’₹ 24 Date Particulars Gross Amount (₹) Trade Discount (₹) Net Amount (₹) 2024 March 5 M/s. ABC10pieces of Chairs @5,000/- each less Trade Discount5% 50,000 2,500 47,500 12 M/s. PQR25pieces of Tables @2,000/- each less Trade Discount10% 50,000 5,000 45,000 28 M/s. LMS50pieces of cupboards @10,000/- each less Trade Discount20%. 5,00,000 1,00,000 4,00,000 Total 6,00,000 1,07,500 4,92,500 Note : Transaction dated :18 March will not be recorded in sales book being cash transaction
Topics: Subsidiary Books
Related Questions in this Topic
- Prepare a Purchases book from the following transactions of Techno Computers Date (2026) Particulars Jan. 3 B...
- From the following information prepare the Purchase Book of M /s Raman & Company: (i) Purchased from Sita & Associates ...
- The following are some of the transactions of M/s Modern Stores during the month of March, 2026 as per their Waste Book....
- Attempt any ONE of the two sub-parts ie either (i) OR (ii) (i) On 30 th November, 2025, the Bank Statement of M/s Rama...
- State with reasons, whether the following statements are True or Fales: (i) Money spent to reduce working expenses is r...